Spotify Results Presentation Deck

Key Highlights: Actuals vs. Guidance Users Financials Spotify Monthly Active Users (M) Premium Subscribers (M) Total Revenue (€B) Gross Margin Adjusted Gross Margin* Operating (Loss)/Income (€M) Adjusted Operating (Loss)/ Income* Results Above Above Results In-line In-line Above Q2 2023 Actuals 551 220 Q2 2023 Actuals €3.2 24.1% 25.5% (€ 247) (€ 112) Guidance 530 217 Guidance €3.2 25.5% 25.5% (€ 129) (€ 129) * Adjusted Gross Margin and Adjusted Operating Loss are non-IFRS measures. See "Use of Non-IFRS Measures" and "Reconciliation of IFRS to Non-IFRS Results" for additional information. 01 5

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