Spotify Results Presentation Deck

Reconciliation of IFRS to non-IFRS results Adjusted gross margin (Unaudited) (in € millions, except percentages) IFRS revenue IFRS cost of revenue IFRS gross profit IFRS gross margin Adjustments: Less: changes in prior period estimates for rights holder liabilities Add: Car Thing charge Total adjustments Adjusted gross profit (non-IFRS) Adjusted gross margin (non-IFRS) Three months ended June 30, 2022 Premium 2,504 1,804 700 28.0 % (11) 31 20 720 28.8 % June 30, 2021 2,056 1,423 633 30.8 % (42) (42) 591 28.7 % Three months ended June 30, 2022 Ad-Supported 360 356 4 1.1 % June 30, 2021 4 1.1 % 275 245 30 10.9 % (3) (3) 27 9.8 % Three months ended June 30, 2022 Consolidated 2,864 2,160 704 24.6 % June 30, 2021 (11) 31 20 724 25.3% 2,331 1,668 663 28.4 % (45) (45) 618 26.5 % 32

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