Snap Inc Results Presentation Deck

Operating Cash Flow and Free Cash Flow¹ (in millions, unaudited) FCF YOY Change Q1'19 $(66) $(12) $(78) 71% Q2'19 $(96) $(8) $(103) 56% Q3'19 $(76) $(8) $(84) 47% Cash Provided by (Used in) Operating Activities Q4'19 $(67) $(9) $(76) 49% Numbers throughout presentation may not foot due to rounding. 'We define Free Cash Flow 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. Q2'20 OPERATING CASH FLOW WAS $(67) MILLION, FREE CASH FLOW IMPROVED 20% YOY Q1'20 $6 $(11) $(5) 94% Capital Expenditures Q2'20 $(67) $(16) $(82) 20% 14

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