SPOT · Spotify Technology S.A.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $481.00 to $481.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $480.00 to $480.88, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $485.09 to $485.66, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $478.48 to $479.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $475.52 to $476.465, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $482.74 to $483.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $477.48 to $478.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The stock option is fully vested and currently exercisable.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $481.50 to $482.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $484.08 to $484.85, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $476.485 to $477.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $480.48 to $481.435, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $483.58 to $483.69, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $479.48 to $480.43, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $478.04 to $478.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $485.63 to $486.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $477.08 to $477.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $474.48 to $475.24, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $483.58 to $484.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The stock option is fully vested and currently exercisable.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $482.12 to $482.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $484.70 to $484.71, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025.

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $476.00 to $476.96, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of restricted stock units vesting and tax withholding. No fractional ordinary shares are issued.

Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b-51 trading plan adopted by the reporting person on December 11, 2025

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b-51 trading plan adopted by the reporting person on December 11, 2025

The stock option is fully vested and currently exercisable.

Transaction made pursuant to a Rule 10b-51 trading plan adopted by the reporting person on December 11, 2025

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b-51 trading plan adopted by the reporting person on December 11, 2025

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $491.7000 to $506.0200, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Transaction made pursuant to a Rule 10b-51 trading plan adopted by the reporting person on December 11, 2025

The stock option is fully vested and currently exercisable.

Transaction made pursuant to a Rule 10b-51 trading plan adopted by the reporting person on December 11, 2025

The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $494.7400 to $506.0200, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Shares withheld to satisfy tax withholding obligation arising out of the vesting of restricted stock units ("RSUs")

The fractional amount shown reflects the computational result of RSU vesting and tax withholding. No fractional ordinary shares are issued.

Represents an award of restricted stock units ("RSUs"), which vest in equal annual installments through February 15, 2030. Each RSU represents a contingent right to receive one Ordinary Share.

Represents an award of stock option, which vests in equal annual installments through February 15, 2030.

Represents an award of stock option, which vests in equal annual installments through February 15, 2030.

Represents an award of stock option, which vests in equal annual installments through February 15, 2030.

Represents an award of stock option, which vests in equal annual installments through February 15, 2030.

Represents an award of restricted stock units ("RSUs"), which vest in equal annual installments through February 15, 2030. Each RSU represents a contingent right to receive one Ordinary Share.

Represents an award of stock option, which vests in equal annual installments through February 15, 2030.

Represents an award of stock option, which vests in equal annual installments through February 15, 2030.

These shares are held via Restricted Stock Unit ("RSU"). Each RSU represents a contingent right to receive one (1) Ordinary Share of the Issuer upon settlement for no consideration. 1/4 of these RSUs will vest on each of 2/15/27, 2/15/28, 2/15/29, and 2/15/30.

1,717 of these shares are held via RSU. Each RSU represents a contingent right to receive one (1) Ordinary Share of the Issuer upon settlement for no consideration. 138 RSUs were granted on 6/1/23 and will fully vest on 2/15/27. 542 RSUs were granted on 6/3/24; 50% will vest on 2/15/27 and the remaining 50% will vest on 2/15/28. 379 RSUs were granted on 6/2/25; 1/3 will vest on each of 2/15/27, 2/15/28 and 2/15/29. 658 RSUs were granted on 5/28/26; 1/4 will vest on each of 2/15/27, 2/15/28, 2/15/29, and 2/15/30.

Christopher P. Marshall has sole dispositive power over the options and shares he holds directly. However, TCV VIII Management, L.L.C. ("Management VIII LLC") and TCV XI Management, L.L.C. ("Management XI LLC") have a right to 100% of the pecuniary interest in such options. Mr. Marshall is a Member of Management VIII LLC and an owner of Management XI LLC. Mr. Marshall disclaims beneficial ownership of such shares and options, along with the shares to be received upon the exercise of such options, except to the extent of his pecuniary interest therein.