Snap : Information Statement

Exhibit 99.1

3000 31st Street

Santa Monica, California 90405

NOTICE OF 2023 ANNUAL MEETING OF STOCKHOLDERS

To Be Held on July 24, 2023

Dear Stockholder:

You are cordially invited to attend the 2023 annual meeting of stockholders of Snap Inc., which will be held online on Monday, July 24, 2023 at 1:00 p.m. Pacific time. The purpose of the meeting is to present the results of the following pending matters before stockholders by written consent:

1. To elect the nine nominees for director named in the information statement to serve until the next annual meeting or their successors are duly elected and qualified; and
2. To ratify the selection by the audit committee of our board of directors of Ernst & Young LLP as Snap's independent registered public accounting firm for the fiscal year ending December 31, 2023.

These items of business are more fully described in the information statement.

All holders of Class B common stock and Class C common stock as of the close of business on June 14, 2023 may vote on any matters pending before stockholders. Holders of Class A common stock are not entitled to vote on the pending matters.

All stockholders, including holders of Class A common stock, can access the meeting at investor.snap.com. Stockholders may submit any questions to management in advance of the meeting by sending them to [e-mail] on or before July 14, 2023. Stockholders can also access copies of this information statement and annual report at investor.snap.com and with our filings with the U.S. Securities and Exchange Commission.

By order of the board of directors,

/s/ Michael O'Sullivan

Michael O'Sullivan

General Counsel and Secretary

Santa Monica, California

June 30, 2023

Important Notice Regarding the Internet Availability of our Information Statement for the 2023 Annual

Meeting of Stockholders to be held on July 24, 2023 at: investor.snap.com.

Our 2022 annual report is available at: investor.snap.com.

Stockholders holding a majority of the voting power of the shares entitled to vote have indicated that

they intend to act by written consent to vote FOR each of the proposals identified above.

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WE ARE NOT ASKING YOU FOR A PROXY AND

YOU ARE REQUESTED NOT TO SEND US A PROXY

3000 31st Street

Santa Monica, California 90405

INFORMATION STATEMENT FOR THE 2023 ANNUAL MEETING OF STOCKHOLDERS

July 24, 2023

INFORMATION REGARDING THE MEETING

This information statement is being made available to our stockholders to provide information regarding our 2023 annual meeting of stockholders to be held on Monday, July 24, 2023 at 1:00 p.m. Pacific time. The meeting will be held online. The record date for the meeting is June 14, 2023, or the "Record Date." Additional information about the meeting is included below under "Questions and Answers about this Information Statement and the Meeting."

As of the close of business on June 14, 2023, we had 1,354,625,936 shares of Class A common stock, 22,537,089 shares of Class B common stock, and 231,626,943 shares of Class C common stock outstanding. Holders of our Class A common stock are not entitled to vote on any pending matters. Holders of our Class B common stock as of the Record Date are entitled to one vote per share and holders of Class C common stock as of the Record Date are entitled to ten votes per share. Holders of shares of Class B common stock and Class C common stock will vote together as a single class on all matters submitted to a vote of stockholders.

As a result of the Class B common stock and Class C common stock that they hold and have voting power to as of the Record Date, Evan Spiegel, our co-founder and Chief Executive Officer, and Robert Murphy, our co-founder and Chief Technology Officer, will be able to exercise voting rights with respect to over 99% of the voting power of our outstanding capital stock entitled to vote. As a result, Mr. Spiegel and Mr. Murphy, or Mr. Spiegel acting alone, have the ability to control the outcome of all matters submitted to our stockholders for approval.

We have been informed that Mr. Spiegel and Mr. Murphy intend to act by written consent to vote their shares of Class C common stock: (1) "FOR" the election of each of the named nominees for director; and (2) "FOR" ratification of the appointment of our independent public accounting firm for fiscal year 2023. Accordingly, we expect Proposals 1 and 2 to be approved by written consent prior to the meeting.

Because our directors will be elected by written consent, and not at the meeting, our 2023 meeting of stockholders may not be an annual meeting of stockholders under the Delaware General Corporation Law. For all other purposes, we treat the meeting as our annual meeting of stockholders.

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Stockholders may submit any questions to management in advance of the meeting by sending them to [e-mail] on or before July 14, 2023.

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QUESTIONS AND ANSWERS ABOUT THIS INFORMATION STATEMENT

AND THE MEETING

Q: Why is this information statement being provided?

We are holding our annual meeting of stockholders on July 24, 2023 to present the results of the action by written consent to approve the matters described in this information statement. This information statement contains information about the matters pending before stockholders. This information statement is being made available to you for informational purposes only.

All stockholders will have the ability to access the information statement at investor.snap.com or request to receive a printed copy of the information statement by mail. Instructions on how to access the information statement over the Internet or to request a printed copy may be found below.

Q: How do I attend the meeting?

This meeting will be a completely virtual meeting of stockholders, which will be conducted through an audio webcast. All stockholders are invited to attend our meeting by visiting investor.snap.com. Stockholders, including Class A stockholders, may submit any questions to management in advance of the meeting by sending them to [e-mail] on or before July 14, 2023.

The meeting webcast will begin promptly at 1:00 p.m. Pacific Time. We encourage you to access the meeting prior to the start time.

Q: Who can act by written consent to vote on stockholder matters?

No vote will be held at the meeting. Instead, our management, at the direction of our board of directors, will solicit approval of the pending matters by written consent of the holders of voting stock.

Class A Common Stock: Holders of Class A common stock will not be entitled to vote on any matter before stockholders.

Class B Common Stock & Class C Common Stock: Only holders of Class B common stock and Class C common stock as of the close of business on June 14, 2023 will be able to vote their shares for matters pending before stockholders. Holders of our Class B common stock are entitled to one vote per share held at the Record Date. Holders of Class C common stock are entitled to ten votes per share held at the Record Date. Holders of shares of Class B common stock and Class C common stock will vote together as a single class on all matters (including the election of directors) submitted to a vote of stockholders. On the Record Date, there were 22,537,089 shares of Class B common stock and 231,626,943 shares of Class C common stock outstanding and entitled to vote.

Q: Is the board of directors of Snap Inc. soliciting my proxy?

No. Snap's board of directors is not asking you for a proxy or consent in connection with the pending matters and you are requested not to send us a proxy. Stockholders holding a majority of the voting power of the shares entitled to vote have already indicated that they intend to act by written consent to vote (1) "FOR" the election of each of the named nominees for director; and (2) "FOR" ratification of the

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