Snap Inc Results Presentation Deck

Fourth Quarter Financial Highlights Revenue Operating Performance Cash ● Revenue increased 42% YoY to reach $1.3 billion in Q4 2021. ● ● Operating margin improved to (2) % in Q4 2021, compared to (11)% in Q4 2020. • Adjusted gross margin¹ improved to 66% in Q4 2021, compared to 59% in Q4 2020. Net income improved by $136 million YoY to $23 million in Q4 2021. Adjusted EBITDA improved by $161 million YoY to $327 million in Q4 2021. Adjusted EBITDA margin² improved to 25% in Q4 2021, compared to 18% in Q4 2020. Average revenue per user increased 18% YoY to reach $4.06 in Q4 2021. ● Operating cash flow was $186 million in Q4 2021, compared to $(53) million in Q4 2020. Free Cash Flow was $161 million in Q4 2021, compared to $(69) million in Q4 2020. Ending cash, cash equivalents, and marketable securities were $3.7 billion as of December 31, 2021. ¹Excludes stock-based compensation expense and other payroll related tax expense, depreciation and amortization, and certain other non-cash or non-recurring items impacting net income (loss) from time to time. 2We define Adjusted EBITDA margin as Adjusted EBITDA divided by GAAP revenue. See Appendix for reconciliation of net loss to Adjusted EBITDA. Quarterly information is unaudited. Numbers throughout presentation may not foot due to rounding. 3

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