SPOTIFY TECHNOLOGY S A

Ticker: SPOT CUSIP: L8681T102 Class: Com

NATURAL INVESTMENTS, LLC's Holding History (CIK: 0001800245)

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

Q4 2025

Shares 908 Value ($000) $1 Avg Close $625.13 Range $548.73 - $721.67

Q3 2025

Shares 963 Value ($000) $1 Avg Close $699.24 Range $615.63 - $769.71

Q2 2025

Shares 966 Value ($000) $1 Avg Close $641.84 Range $475.01 - $785.00

Q1 2025

Shares 908 Value ($000) $0 Avg Close $558.87 Range $443.21 - $652.63

Q4 2024

Shares 655 Value ($000) $0 Avg Close $428.22 Range $362.31 - $506.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	908	$1	$625.13	$548.73 - $721.67
Q3 2025	963	$1	$699.24	$615.63 - $769.71
Q2 2025	966	$1	$641.84	$475.01 - $785.00
Q1 2025	908	$0	$558.87	$443.21 - $652.63
Q4 2024	655	$0	$428.22	$362.31 - $506.47