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Case Study slide 25 from Snap Inc — Snap Inc.

Section Divider slide 26 from Snap Inc — Snap Inc.

Comparison slide 27 from Snap Inc — Snap Inc.

Timeline slide 28 from Snap Inc — Snap Inc.

Comparison slide 29 from Snap Inc — Snap Inc.

Comparison slide 30 from Snap Inc — Snap Inc.

Framework slide 31 from Snap Inc — Snap Inc.

Framework slide 32 from Snap Inc — Snap Inc.

Quote slide 33 from Snap Inc — Snap Inc.

Section Divider slide 34 from Snap Inc — Snap Inc.

Chart slide 35 from Snap Inc — Snap Inc.

Chart slide 36 from Snap Inc — Snap Inc.

Minimal slide 37 from Snap Inc — Snap Inc.

Chart slide 38 from Snap Inc — Snap Inc.

Comparison slide 39 from Snap Inc — Snap Inc.

Section Divider slide 40 from Snap Inc — Snap Inc.

Chart slide 41 from Snap Inc — Snap Inc.

Chart slide 42 from Snap Inc — Snap Inc.

Framework slide 43 from Snap Inc — Snap Inc.

Timeline slide 44 from Snap Inc — Snap Inc.

Framework slide 45 from Snap Inc — Snap Inc.

Section Divider slide 46 from Snap Inc — Snap Inc.

Financial Analysis slide 47 from Snap Inc — Snap Inc.

Minimal slide 48 from Snap Inc — Snap Inc.