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Future such transactions are envisioned to take location to satisfy long term possibility exercise routines. For purposes of NYSE guidelines, so long as we are a foreign private issuer, we are qualified to consider benefit of specified exemptions from NYSE company governance necessities furnished in the NYSE principles. Board Committees-The NYSE rules have to have domestic businesses to have a payment committee and a nominating and corporate governance committee composed entirely of impartial directors, but as a overseas non-public issuer we are exempt from these demands. We do not have a nominating and corporate governance committee. The Company’s audit committee approves all auditing companies and permitted non-audit companies carried out for the Company by its unbiased auditor in advance of an engagement. All audit-connected provider costs and tax charges were approved by the Audit Committee. "Audit fees" are the combination fees earned by the Ernst & Young entities for the audit of our consolidated yearly fiscal statements, critiques of interim financial statements and attestation expert services that are provided in connection with statutory and regulatory filings or engagements

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In November 2018, the Board of Directors authorised a share repurchase application of the Company’s regular shares up to the quantity of $1. billion. To the Board of Directors and Shareholders of Spotify Technology S.A. Form of Notice of Conversion of Echo Nest Stock Options, by and among Spotify Technology S.A. As needed by Rules 13a-15 and 15d-15 less than the Exchange Act, our administration, with the participation of our Chief Executive Officer and Chief Financial Officer, has evaluated the success of our disclosure controls and treatments (as outlined in Rules 13a-15(e) and 15d-15(e) below the Exchange Act), as of the conclusion of the interval coated by this Annual Report on Form 20-F. Based on this kind of evaluation, our Chief Executive Officer and Chief Financial Officer have concluded that, as of December 31, 2018, our disclosure controls and procedures have been not successful as of such date because of to a material weak point in interior regulate around economical reporting, explained below. Certification of Chief Executive Officer Under Section 906 of the Sarbanes-Oxley Act of 2002, eighteen U.S.C. Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer

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