129/264 Other Agreements The following is a summary of each material agreement, other than material agreements entered into in the ordinary course of business, to which we are or have been a party, unless entered into with shareholders named in the Registration Statement, for the two years immediately preceding the date of this prospectus: • Voting Agreement by and among Spotify Technology S.A., MH1 LLC (“Tiger”), and D.G.E. Investments Limited (“D.G.E. Investments”), dated February 2, 2017. A copy of this agreement is included a Exhibit 4.1 to the Registration Statement. • Subscription Agreement by and among TME, Tencent Music Entertainment Hong Kong Limited (“TME Hong Kong”), Spotify Technology S.A., and Spotify AB, dated as of December 8, 2017. A copy of this agreement is included as Exhibit 10.20 to the Registration Statement. See “Summary—Recent Developments—Tencent Transactions.” • Investor Agreement by and among Spotify Technology S.A., TME, TME Hong Kong, Tencent, Image Frame Investment (HK) Limited (“Image Frame”), and with respect to certain sections only, D.G.E. Investments and Rosello Company Limited (“Rosello”), dated as of December 15, 2017. A copy of this agreement is included as Exhibit 10.21 to the Registration Statement. See “Summary—Recent Developments—Tencent Transactions.” • Exchange Agreement by and among Spotify Technology S.A. and the noteholders party thereto, dated as of December 8, 2017. A copy of this agreement is included as Exhibit 10.22 to the Registration Statement. See “Summary—Recent Developments—Exchange of Convertible Notes.” • Exchange Agreement by and among Spotify Technology S.A. and the noteholders party thereto, dated as of December 27, 2017. A copy of this agreement is included as Exhibit 10.23 to the Registration Statement. See “Summary—Recent Developments—Exchange of Convertible Notes.” • Exchange Agreement by and among Spotify Technology S.A. and the noteholders party thereto, dated as of January 29, 2018. A copy of this agreement is included as Exhibit 10.24 to the Registration Statement. See “Summary—Recent Developments—Exchange of Convertible Notes.” • Digital Distribution Agreement by and between Sony Music Entertainment and Spotify AB, effective as of April 1, 2017. A copy of this agreement is included as Exhibit 10.25 to the Registration Statement. • Amendment to Digital Distribution Agreement by and between Sony Music Entertainment and Spotify AB, effective as of April 11, 2017. A copy of this agreement is included as Exhibit 10.26 to the Registration Statement. • Second Amendment to Digital Distribution Agreement by and between Sony Music Entertainment and Spotify AB, effective as of April 1, 2017. A copy of this agreement is included as Exhibit 10.27 to the Registration Statement. Government Regulation We are subject to many U.S. federal and state, European, Luxembourg, and other foreign laws and regulations, including those related to privacy, data protection, content regulation, intellectual property, consumer protection, rights of publicity, health and safety, employment and labor, competition, and taxation. These laws and regulations are constantly evolving and may be interpreted, applied, created, or amended in a manner that could harm our business. In addition, it is possible that certain governments may seek to block or limit our products or otherwise impose other restrictions that may affect the accessibility or usability of any or all of our products for an extended period of time or indefinitely. In the area of information security and data protection, the laws in several jurisdictions require companies to implement specific information security controls to protect certain types of information. Data protection, privacy, 122