Verification Statement

Snap, Inc.
CY2021 GHG Inventory Emissions
Background
Cameron-Cole, LLC (“Cameron-Cole”) was retained by Snap, Inc (Snap) to perform an
independent verification of its Greenhouse Gas (GHG) Emissions Inventory for Calendar Year
2021 (CY2021), which was developed according to the World Resources Institute(WRI)/World Business Council for Sustainable Development (WBCSD) Greenhouse Gas
Protocol: A Corporate Accounting and Reporting Standard, 2015 revised edition. Our opinion
on the results of the Inventory, with respect to the verification objectives and criteria, isprovided in this statement.
Responsibility of Snap & Independence of Verification Provider
Snap has sole responsibility for the content of its GHG Inventory. Cameron-Cole accepts noresponsibility for any changes that may have occurred to the GHG emissions results since they
were submitted to us for review. Based on internationally accepted norms for impartiality, webelieve our review represents an independent assessment of Snap’s CY2021 GHG Emissions
Inventory. Cameron-Cole and all verification team members have no previous business
relationships with Snap or their management team. Cameron-Cole implements a strict internal
policy for maintaining impartiality for all verification assignments. Finally, the opinion expressedin this verification statement should not be relied upon as the basis for any financial orinvestment decisions.
Level of Assurance
The level of assurance is used to determine the depth of detail that a Verification Body designs
into the Verification Plan to determine if there are material errors, omissions or misstatements
in a company's GHG assertions. Although Absolute Assurance may provide the highest level ofconfidence that an emissions assertion is materially correct, it is often not practical for complex
verification assignments. The two remaining levels of assurance that are generally recognized –reasonable and limited – are routinely provided by Verification Bodies.
Reasonable Assurance generates the highest level of confidence that an emissions report ismaterially correct, while Limited Assurance provides less confidence, and involves less detailed
examination of GHG data and supporting documentation. Limited Assurance statements assertthat there is no evidence that an emissions report is not materially correct. Cameron-Cole’s
verification of Snap’s GHG Emissions Inventory for CY2021 was constructed to provide aLimited Level of Assurance for Scope 1, Scope 2 and Scope 3 sources.

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Snap, Inc.
CY2021 GHG Inventory EmissionsObjectives
The primary objectives of this verification assignment were as follows:• Determine whether the reported Scope 1 and 2 GHG emissions meet/exceed the 95%
threshold for accuracy;• Determine whether the reported Scope 3 GHG emissions meet/exceed the 90%
threshold for accuracy;• Evaluate the conformance of Snap’s accounting and calculation methodologies, processes
and systems to The GHG Protocol.
Verification Criteria
Cameron-Cole conducted verification activities in alignment with the principles of ISO-140643:2006(E) Specifications with Guidance for the Validation and Verification of Greenhouse Gas
Assertions. The Snap GHG Inventory was prepared using, and verified against, The GHGProtocol.
Verification Scope & Assertion s
The boundaries of the Snap’ GHG Emissions Inventory included in the scope of the verification
are as follows:•Geographical: Global•

Chemical: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O),
hydrofluorocarbons (HFCs)•Operational Boundary: The following sources/emissions were identified in Snap‘sorganizational boundary:o Scope 1▪ Direct Emissions from Mobile Combustion Sources: vehicle fleet &corporate jet; Direct stationary combustion of natural gas for spaceheating;o Scope 2▪ Indirect Emissions from Purchased Electricity, purchased heating andcoolingo Scope 3▪ Purchased goods and services▪ Capital Goods▪ Fuel- and energy-related activities▪ Upstream transportation and distribution▪ Waste generated in operations (estimated)▪ Business Travel
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Snap, Inc.
CY2021 GHG Inventory Emissions
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Employee Commuting
Downstream transportation and distribution
Use of sold products
Processing of sold products
End-of-life treatment of sold products
Downstream leased assets

Snap’s CY2021 GHG assertions
For CY2021, Snap calculated its total GHG emissions as 3,688 MT CO2e for Scope 1 sources.
4,004 MT CO2e for Scope 2 Location-Based sources and 578 MT CO2e for Scope 2 MarketBased sources. Selected Scope 3 emissions associated have been reported as 179,841 MT CO2eSnap CY2021 GHG Emissions (MTCO2e)
Market-based

Location-based

Scope 1

3,688

3,688

Scope 2578

4,004Total

4,265

7,691

Scope 3

179,841

179,841

Grand total184,106

187,532

It is therefore verified that Snap’s declared assertions above are materially correct, limited to theboundaries listed above.

Verification Opinion
Based on the method employed and the results of the verification activities undertaken, CameronCole has found no evidence of material errors, omissions or misstatements in Snap’s
CY2021 GHG Inventory within the boundaries described above. Cameron-Cole also found thatSnap’s GHG accounting and calculation methodologies, processes and systems for their GHG inventory
conform to The GHG Protocol.

Dru Krupinsky, Lead Verifier
Senior Strategist, Sustainability Services

Chris Lawless, Independent Reviewer
Director, GHG Management Services
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Snap, Inc.
CY2021 GHG Inventory Emissions
May 26, 2022

May 26, 2022

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