126/264 The following diagram illustrates our current simplified corporate structure for Spotify and its significant subsidiaries (as defined in Rule 1­02 of Regulation S­X of the U.S. Securities Act of 1933, as amended (the “Securities Act”)): Intellectual Property Our success depends in part upon our ability to protect our technologies and intellectual property. To accomplish this, we rely on a combination of intellectual property rights, including trade secrets, patents, copyrights, and trademarks, as well as contractual restrictions, technological measures, and other methods. We have filed and acquired dozens of active patent applications and issued patents in the United States and other countries. We continue to pursue additional patent protection, both in the United States and abroad where appropriate and cost effective. We intend to hold these patents as part of our strategy to protect and defend the Company’s technology, including to protect and defend the Company in patent­related litigation. We also acquire patents and patent applications from time to time as part of other transactions. Our registered trademarks in the United States include our primary mark “Spotify” and various versions of the Spotify logo, in addition to a number of other Spotify word marks and logos. In addition, “Spotify” and certain of our other marks are registered in other jurisdictions such as Australia, Brazil, Canada, Chile, China, the EU, India, Israel, Japan, Mexico, New Zealand, Singapore, Switzerland, and Taiwan. We also have pending 119