Twitter Results Presentation Deck

Adjusted free cash flow reconciliation ($ in thousands) Cash flow from operations Less: Purchases of property and equipment Plus: Proceeds from Sales of Property and Equipment Less: Equipment purchases under capital leases Adjusted free cash flow FY16 $763,055 (218,657) (100,281) $444,117 FY17 $831,209 $1,339,711 FY18 (160,742) (483,934) 2,783 (123,235) 13,070 (16,086) $550,015 $852,761 Three months ended 3/31/2018 $242,673 (93,091) 1,763 (16,086) $135,259 6/30/2018 $321,140 (196,450) 2,693 $127,383 9/30/2018 $443,899 (120,372) 3,671 $327,198 12/31/2018 $331,999 (74,021) 4,943 $262,921 3/31/2019 $351,693 (83,026) 1,956 $270,623

View entire presentation