SPOTIFY TECHNOLOGY S A

Ticker: SPOT CUSIP: L8681T102 Class: Com

Permanent Capital Management, LP's Holding History (CIK: 0002054108)

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

Q4 2025

Shares 649 Value ($000) $377 Avg Close $625.13 Range $548.73 - $721.67

Q3 2025

Shares 574 Value ($000) $401 Avg Close $699.24 Range $615.63 - $769.71

Q2 2024

Shares 406 Value ($000) $312 Avg Close $301.09 Range $260.80 - $331.08

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	649	$377	$625.13	$548.73 - $721.67
Q3 2025	574	$401	$699.24	$615.63 - $769.71
Q2 2024	406	$312	$301.09	$260.80 - $331.08