SPOTIFY USA INC

CUSIP: 84921RAB6 Class: NOTE 3/1

ADVENT CAPITAL MANAGEMENT /DE/'s Holding History (CIK: 0001097278)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025
Shares 14,525,000 Value ($000) $16,522 Avg Close — Range —
Q3 2025
Shares 3,525,000 Value ($000) $4,826 Avg Close — Range —
Q2 2025
Shares 8,869,000 Value ($000) $13,458 Avg Close — Range —
Q1 2025
Shares 11,420,000 Value ($000) $13,643 Avg Close — Range —
Q4 2024
Shares 70,220,000 Value ($000) $74,826 Avg Close — Range —