Spotify Results Presentation Deck

Premium Subscribers Our Premium Subscribers grew 14% Y/Y to 205 million, up from 195 million last quarter. Quarterly performance versus our guidance was impacted by: Better than expected Q4 promotional campaign results across all regions Continued strength in multi-user plans Full year 2022 Subscriber net additions were 25 million (or 27 million excluding the impact of our Russia exit). ● Outperformance across all regions, led by Latin America Spotify 10% 20% 30% 40% Q4'18 10% Rest of World 20% 30% 40% Q4'19 11% 21% 29% 40% Q4'20 Latin America 11% 20% 29% 40% Q4'21 North America 12% 21% 28% 39% Q4'22 Europe 15

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