Spotify Results Presentation Deck

Key Highlights Second largest Q3 for MAU net additions with continued Subscriber outperformance ● Spotify MAUS grew 26% Y/Y to 574 million, 2 million above guidance. Net additions of 23 million represented our second largest Q3 net addition performance in our history Premium Subscribers grew 16% Y/Y to 226 million, 2 million above guidance Accelerating constant currency* Revenue growth with return to Profitability Total Revenue grew 11% Y/Y to €3.4 billion On a constant currency* basis, Total Revenue grew 17% Y/Y vs. 14% in Q2'23 Gross Margin finished at 26.4% (up 166 bps Y/Y) Achieved Operating Income of €32 million * Constant Currency adjusted measures are non-IFRS measures. See "Use Unveiled new personalized experiences for users and tools for creators Expanded Al DJ to 50 additional markets and unveiled new user features such as Jam and daylist Unveiled Al Voice Translation for select podcasts Released Showcase, a tool to help artists promote music releases In October, incorporated over 150,000 audiobook titles into our Premium offering in the United Kingdom and Australia Non-IFRS Measures" and "Reconciliation of IFRS to Non-IFRS Results" for additional information. 4

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