118/264 a variety of Premium subscription pricing plans to appeal to Users with different lifestyles, across various demographics and agegroups. Our pricing is adapted to each local market to align with consumer purchasing power and general cost levels and willingness to pay for a music service. In addition, as we have entered into new markets where recurring subscription services are less common, we have expanded our subscription products to include prepaid options and durations other than monthly (both longer and shorter durations), as well as expanded both online and offline payment options. We created the Student Plan to tap into the student population, because these users tend to have high retention and tend to migrate to our Premium Service over time. The purchase of a Student Plan is subject to thirdparty student verification. We created the Family Plan to offer a better subscription experience for households so that every household member can have a unique individual account rather than share one account for music listening. This enables us to tailor and program the experience to the individual, including our signature recommendation playlists such as Discover Weekly, Release Radar, and Daily Mix. 111
Spotify F1 | Interactive Prospectus Page 117 Page 119