152/264 The Registered Shareholders have not, nor have they within the past three years had, any position, office, or other material relationship with us, other than as disclosed in this prospectus. See “Management” and “Related Party Transactions” for further information regarding the Registered Shareholders. The business address of each Registered Shareholder is Regeringsgatan 19, 111 53 Stockholm, Sweden, unless otherwise indicated below. Ordinary Shares Beneficiary Certificates ( 9 ) Percentage of Total Voting Power Number of Shares being Registered Name Number Percent Number Percent Number Daniel Ek (1) Martin Lorentzon (2) Barry McCarthy (3) Katarina Berg Alex Norström Gustav Söderström Christopher Marshall Shishir Mehrotra Ted Sarandos Cristina Stenbeck Padmasree Warrior Thomas Staggs (4) Entities affiliated with TCV (5) Tiger Global (6) All Other Employees (7) All Other Registered Shareholders (8) * Represents beneficial ownership of less than 1% of total ordinary shares outstanding. ( 1 ) Includes ordinary shares held of record by Tiger, ordinary shares held of record by TME Hong Kong, and ordinary shares held of record by Image Frame. Mr. Ek exercises voting power over the ordinary shares held of record by Tiger, TME Hong Kong, and Image Frame through his indirect ownership of D.G.E. Investments, which holds an irrevocable proxy with regard to these ordinary shares. As such, Mr. Ek may be deemed to share beneficial ownership of the ordinary shares held of record by Tiger, TME Hong Kong, and Image Frame. Also includes ordinary shares held of record by D.G.E. Investments. Mr. Ek is the sole shareholder of D.G.E. Holding, which is the sole shareholder of D.G.E. Investments. As such, each of D.G.E Holdings and Mr. Ek may be deemed to share beneficial ownership of the ordinary shares held of record by D.G.E. Investments. The business address of D.G.E. Holding is 4, V. Dimech Street, Floriana FRN 1504, Malta. The business address of D.G.E. Investments is Office 101, Omega Business Center, 18 Stratigou Temagia Avenue, 6047 Larnaca, Cyprus. ( 2 ) These ordinary shares are held of record by Rosello. Mr. Lorentzon is the sole shareholder of Amaltea, which is the sole shareholder of Rosello. As such, each of Amaltea and Mr. Lorentzon may be deemed to share beneficial ownership of the shares held of record by Rosello. The business address of Rosello is 22 Stasikratous Street, Office 001, 1065 Nicosia, Cyprus. ( 3 ) These ordinary shares are held of record by Rivers Cross Trust, an entity wholly owned by Mr. McCarthy. The business address of Rivers Cross Trust is 3875 Woodside Rd, Woodside, CA 94062. ( 4 ) These ordinary shares are held of record by the Staggs Trust, a revocable inter­vivos trust established by Mr. Staggs and his spouse. The business address of the Staggs Trust is 9665 Wilshire Blvd., Suite 525, Beverly Hills, CA 90212. ( 5 ) Includes: (i) ordinary shares held of record by TCV VII, L.P. (“TCV VII”); (ii) ordinary shares held of record by TCV VII (A), L.P. (“TCV VII (A)”); (iii) ordinary shares held of record by TCV VIII, L.P. (“TCV VIII”); (iv) 868,440 ordinary shares held of record by TCV VIII (A), L.P. (“TCV VIII (A)”); (v) ordinary shares held of record by TCV VIII (B), L.P. (“TCV VIII (B)”); and (vi) ordinary shares held of record by TCV Member Fund, L.P. (“Member Fund” and, together with TCV VII, L.P., TCV VIII, L.P., TCV VII (A), L.P., TCV VIII (A), L.P., and TCV VIII (B), L.P., the “TCV Holders”). Technology Crossover Management VII, Ltd. (“Management VII”) is the general partner of Technology Crossover Management VII, L.P. (“TCM VII”), which is the general partner of TCV VII and TCV VII (A). Technology Crossover Management VIII, Ltd. (“Management VIII”) is the general partner of Technology Crossover Management VIII, L.P. (“TCM VIII”), which is the general partner of TCV VIII, TCV VIII (A), and TCV VIII (B). Management VII and Management VIII are also general partners of Member Fund. The directors of Management VII and Management VIII include Christopher P. Marshall and over ten other individuals. The business address for each of the aforementioned individuals and entities is c/o Technology Crossover Ventures, 528 Ramona Street, Palo Alto, CA 94301. ( 6 ) Includes ordinary shares held of record by Tiger. Tiger is majority owned by Tiger Global Private Investment Partners IX, L.P. (“PIP IX”). PIP IX is controlled by its general partner, Tiger Global PIP Performance IX, L.P., which is in turn controlled by its general partner, Tiger Global PIP Management IX, Ltd. PIP IX is also controlled by its investment advisor, Tiger Global Management, LLC (“TGM”). TGM is controlled by Chase Coleman, Lee Fixel and Scott Shleifer. The business address for each of these entities and individuals is c/o Tiger Global Management, LLC, 9 West 57th Street, 35th Floor, New York, NY 10019. 145