Snap Inc Investor Presentation Deck

Snap Inc. YoY FCF Growth FCF 2017 $(819) (21)% Free Cash Flow (in millions, unaudited) 2018 $(810) 1% We define Free Cash Flow, or FCF, as net cash provided by (used in) operating activities reduced by purchases of property and equipment. See Appendix for reconciliation of net cash used in operating activities to Free Cash Flow. Source: Snap Inc. public filings. 2019 $(341) 58% 33

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