SPOTIFY USA INC

CUSIP: 84921RAB6 Class: NOTE 3/1

Warberg Asset Management LLC's Holding History (CIK: 0001597506)

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

Q4 2025
Shares 6,152,000 Value ($000) $6,995 Avg Close — Range —
Q3 2025
Shares 6,091,000 Value ($000) $8,338 Avg Close — Range —
Q2 2025
Shares 5,012,000 Value ($000) $7,595 Avg Close — Range —
Q1 2025
Shares 3,000,000 Value ($000) $3,578 Avg Close — Range —