SPOTIFY TECHNOLOGY S A

Ticker: SPOT CUSIP: L8681T102 Class: Com

SANDS CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001020066)

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

Q4 2025

Shares 1,469,848 Value ($000) $853,555 Avg Close $625.13 Range $548.73 - $721.67

Q3 2025

Shares 1,547,640 Value ($000) $1,080,253 Avg Close $699.24 Range $615.63 - $769.71

Q2 2025

Shares 1,354,803 Value ($000) $1,039,595 Avg Close $641.84 Range $475.01 - $785.00

Q1 2025

Shares 1,788,550 Value ($000) $983,756 Avg Close $558.87 Range $443.21 - $652.63

Q4 2024

Shares 1,859,330 Value ($000) $831,827 Avg Close $428.22 Range $362.31 - $506.47

Q3 2024

Shares 998,374 Value ($000) $367,931 Avg Close $332.48 Range $288.07 - $389.23

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,469,848	$853,555	$625.13	$548.73 - $721.67
Q3 2025	1,547,640	$1,080,253	$699.24	$615.63 - $769.71
Q2 2025	1,354,803	$1,039,595	$641.84	$475.01 - $785.00
Q1 2025	1,788,550	$983,756	$558.87	$443.21 - $652.63
Q4 2024	1,859,330	$831,827	$428.22	$362.31 - $506.47
Q3 2024	998,374	$367,931	$332.48	$288.07 - $389.23