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      "text": "This shareholder update contains estimates and forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The words \"may,\" \"might,\" \"will,\" \"could,\" \"would,\" \"should,\" \"expect,\" \"plan,\" \"anticipate,\" \"intend,\" \"seek,\" \"believe,\" \"estimate,\" \"predict,\" \"potential,\" \"continue,\" \"contemplate,\" \"possible,\" and similar words are intended to identify estimates and forward-looking statements.",
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      "text": "Certain monetary amounts, percentages, and other figures included in this update have been subject to rounding adjustments. The sum of individual metrics may not always equal total amounts indicated due to rounding.",
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      "text": "To supplement our financial information presented in accordance with IFRS, we use the following non-IFRS financial measures: Revenue excluding foreign exchange effect, Premium revenue excluding foreign exchange effect, Ad-Supported revenue excluding foreign exchange effect, gross profit excluding foreign exchange effect, Operating expense excluding foreign exchange effect, and Free Cash Flow.",
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      "text": "We will host a live question and answer session starting at 8:00 a.m. ET today on investors.spotify.com. The session will be led by Daniel Ek, our Co-Founder and Chief Executive Officer, and Christian Luiga, our Chief Financial Officer.",
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