SPOTIFY TECHNOLOGY S A

Ticker: SPOT CUSIP: L8681T102 Class: Com

Night Owl Capital Management, LLC's Holding History (CIK: 0001410833)

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

Q4 2025

Shares 30,862 Value ($000) $17,922 Avg Close $625.13 Range $548.73 - $721.67

Q3 2025

Shares 30,352 Value ($000) $21,186 Avg Close $699.24 Range $615.63 - $769.71

Q2 2025

Shares 12,934 Value ($000) $9,925 Avg Close $641.84 Range $475.01 - $785.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	30,862	$17,922	$625.13	$548.73 - $721.67
Q3 2025	30,352	$21,186	$699.24	$615.63 - $769.71
Q2 2025	12,934	$9,925	$641.84	$475.01 - $785.00