Snap Inc Results Presentation Deck

Third Quarter Financial Highlights Revenue Operating Performance Cash ● Revenue increased 57% YoY to reach $1,067 million in Q3 2021. ● ● Operating margin improved to (17) % in Q3 2021, compared to (25) % in Q3 2020. • Adjusted gross margin¹ improved to 60% in Q3 2021, compared to 58% in Q3 2020. Net loss improved by $128 million YoY to $72 million in Q3 2021. Adjusted EBITDA improved by $118 million YoY to $174 million in Q3 2021. Adjusted EBITDA margin² improved to 16% in Q3 2021, compared to 8% in Q3 2020. Average revenue per user increased 28% YoY to reach $3.49 in Q3 2021. ● Operating cash flow was $72 million in Q3 2021, compared to $(55) million in Q3 2020. Free Cash Flow was $52 million in Q3 2021, compared to $(70) million in Q3 2020. Ending cash, cash equivalents, and marketable securities were $3.5 billion as of September 30, 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. Numbers throughout presentation may not foot due to rounding. 3

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