Spotify Results Presentation Deck slide image

Spotify Results Presentation Deck

Monthly Active Users (MAUS) Total MAUS grew 19% Y/Y to 433 million, up from 422 million last quarter and above our guidance by 5 million. Quarterly performance versus our guidance was impacted by: ā— Outperformance in India, Indonesia and The Philippines as a result of marketing campaigns and elevated OEM intake Spotify Strength in Europe largely due to higher reactivations Y/Y growth in Gen Z audience in Latin America alongside new music releases Excluding the impact from our Russia exit and the service outage benefit we experienced in March (representing a collective 8 million Q1 MAU), we added 19 million MAUs in the quarter, our largest Q2 in history. 11% 21% 31% 37% Q2'18 15% Rest of World 21% 28% 36% Q2'19 18% 22% 26% 34% Q2'20 Latin America 20% 22% 24% 34% Q2'21 North America 24% 22% 22% 32% Q2'22 Europe 14
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