Snap Inc Results Presentation Deck

Capex Operating Cash Flow and Free Cash Flow¹ (in millions, unaudited) OPERATING CASH FLOW $(55) Q3'20 $(15) $(53) Q4'20 $(16) $137 Q1'21 $(11) 453% $(101) Q2'21 $(15) $72 Q3'21 $(20) $186 Q4'21 $(25) FREE CASH FLOW YOY Change $(70) Q3'20 17% $(69) Q4'20 9% $126 Q1'21 2,835% $(116) FIRST FULL YEAR OF POSITIVE FREE CASH FLOW OF $223 MILLION FREE CASH FLOW IMPROVED $230 MILLION YOY Q2'21 (41)% 'We define Free Cash Flow as net cash provided by (used in) operating activities, reduced by purchases of property and equipment. See Appendix for reconciliation of net cash provided by (used in) operating activities to Free Cash Flow. Operating cash flow and free cash flow in Q4'20 includes a $98 million payment for a non-recurring legal settlement related to a securities class action, accrued in 2019. Numbers throughout presentation may not foot due to rounding. $52 Q3'21 174% $161 Q4'21 333% 14

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