Spotify Results Presentation Deck

Monthly Active Users (MAUS) Total MAUS grew 20% Y/Y to 456 million, up from 433 million last quarter and above our guidance by 6 million. Quarterly performance versus our guidance was impacted by: Outperformance across all regions Better than expected intake in India as a result of a multimedia marketing campaign driving activations and reactivations Spotify Strength across Latin America, led by Brazil, due to marketing and OEM strength 11% 22% 31% 36% Q3'18 16% Rest of World 22% 27% 35% Q3'19 19% 22% 25% 34% Q3'20 Latin America 21% 22% 24% 34% Q3'21 North America 26% 21% 22% 31% Q3'22 Europe 14

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