Snap Inc Results Presentation Deck

Operating Expense¹ (in millions, unaudited) Research and Development SBC-Related Expense D&A Expense Total $56 $21 $13 $22 Sales and Marketing Q1'16 $5 $5 $10 $82 $29 $24 $29 General and Administrative Q2'16 $5 $6 $11 $110 $39 $33 $38 Q3'16 $15 $7 $22 ¹Excludes stock-based compensation expense and related payroll tax expense (SBC-Related Expense) and depreciation and amortization (D&A Expense). $166 $64 $47 $55 Q4'16 $7 $9 $16 $196 $62 $56 $78 Q1'17 $1,993 $11 $2,004 8

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