Snap Inc Results Presentation Deck

Diluted Net Income (Loss) Per Share & Common Shares Outstanding Plus Shares Underlying Stock-Based Awards (in millions, except per share data, unaudited) Total Non-GAAP Exclusions Non-GAAP diluted net income (loss) per share² DILUTED NET INCOME (LOSS) PER SHARE¹ $(0.26) Q2'22 $0.24 $(0.22) Q3'22 $0.30 $0.08 $(0.18) Q4'22 $0.32 $0.14 $(0.21) Q1'23 $0.22 $0.01 $(0.24) Q2'23 $0.22 $(0.02) $(0.23) Q3'23 $0.25 $0.02 Shares repurchased YOY Change excluding exchange shares COMMON SHARES OUTSTANDING PLUS SHARES UNDERLYING STOCK-BASED AWARDS 1,737 92 1,645 Q2'22 Common Shares Outstanding Shares Underlying Stock-Based Awards³ 2.5% 1,701 95 1,606 Q3'22 51.3 1,706 132 0.2% 1,574 Q4'22 53.9 0.2% 1,723 128 AUTHORIZED A NEW $500M STOCK REPURCHASE PROGRAM 1,595 $(0.02) period. 'Diluted net income (loss) per share is calculated using weighted average shares outstanding during 2We 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. In Q3 2022, Q4 2022, and Q3 2023, non-recurring items included restructuring charges of $155 million, $34 million, and $19 million, respectively. See Appendix for reconciliation of diluted net income (loss) per share to non-GAAP diluted net income (loss) per share. ³Shares underlying stock-based awards include restricted stock units, restricted stock awards, and outstanding stock options. ¹YOY change excludes approximately 52 million shares issued as part of the induced conversions of convertible notes in Q2 2021 and Q3 2021. Numbers throughout presentation may not foot due to rounding. Q1'23 1,765 149 0.9% 1,616 Q2'23 1,793 155 1.6% 1,639 Q3'23 5.5% 12

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