Snap Inc Results Presentation Deck

Non-GAAP Financial Measures Reconciliation - Quarterly (Continued) (in thousands, except per share amounts, unaudited) Non-GAAP net income (loss) reconciliation Net income (loss) Amortization of intangible assets Stock-based compensation expense Payroll and other tax expense related to stock-based compensation Restructuring charges Income tax adjustments Non-GAAP net income (loss)¹ Weighted-average common shares - Diluted² Non-GAAP diluted net income (loss) per share reconciliation GAAP diluted net income (loss) per share Non-GAAP adjustment to net income (loss) Non-GAAP diluted net income (loss) per share¹ $ $ $ $ June 30, 2021 (151,664) S 14,363 256,600 25,045 (199) 144,145 $ 1,547,234 June 30, 2021 (0.10) S 0.20 0.10 $ September 30, 2021 (71,959) S 18,148 300,898 21,615 (208) 268,494 $ 1,580,966 September 30, 2021 (0.05) $ 0.22 0.17 $ Three Months Ended December 31, 2021 22,550 $ 20,228 297,564 19,493 (374) 359,461 $ 1,668,879 Three Months Ended December 31, 2021 March 31, 2022 0.01 $ 0.21 0.22 $ (359,624) $ 22,505 275,444 22,451 (61) (39,285) $ 1,619,113 March 31, 2022 (0.22) $ 0.20 (0.02) $ June 30, 2022 (422,067) $ 64,134 318,810 10,029 (504) (29,598) $ 1,632,140 June 30, 2022 (0.26) $ 0.24 (0.02) $ September 30, 2022 (359,502) 18,701 312,690 6,561 154,563 (954) 132,059 1,608,523 September 30, 2022 (0.22) 0.30 0.08 1 We define Non-GAAP net income (loss) as net income (loss); excluding amortization of intangible assets; stock-based compensation expense; payroll and other tax expense related to stock-based compensation; certain other non-cash or non-recurring items impacting net income (loss) from time to time; and related income tax adjustments. Non-GAAP net income (loss) and weighted average diluted shares are then used to calculate Non-GAAP diluted net income (loss) per share. 2 Prior to Q4 2021, weighted average shares used in computation of diluted EPS primarily excluded unvested or unexercised stock-based awards, Convertible Notes, and Capped Call shares as they were anti-dilutive. Since Q4 2021, weighted average common shares used in computation of diluted EPS excludes Convertible Notes and Capped Call shares as they are anti-dilutive. Numbers throughout presentation may not foot due to rounding. 2

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