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Letter to Spotify CEO Daniel Ek Re: U.S. Customs and Immigration

Letter to Spotify CEO Daniel Ek Regarding U.S. Customs and Immigration

November 13, 2025

Daniel Ek

Chief Executive Officer and Board Chairman

Spotify

4 World Trade Center, 150 Greenwich Street

New York, NY 10007

Dear Mr. Ek,

This letter is addressed to you in your capacity as the Chief Executive Officer and Board Chairman of Spotify. As a fiduciary responsible for overseeing the investments of five public pension funds in New York City, it is imperative to address matters that may impact the financial health and operational integrity of the company.

Spotify, as a leading audio streaming platform, plays a significant role in the global music industry and has a substantial presence in the United States. The company has been recognized for its innovative approach to music distribution and its commitment to providing a platform for artists and creators. However, recent developments in U.S. customs and immigration policies may have implications for the company’s workforce and operational strategies.

As a major employer, Spotify relies on a diverse workforce, including individuals from various international backgrounds. Changes in immigration policies can affect the ability of the company to attract and retain talent, which is crucial for maintaining its competitive edge in the industry. It is essential for Spotify to navigate these challenges effectively to ensure continued growth and innovation.

Furthermore, the public pension funds that invest in Spotify are concerned about the potential risks associated with these changes. The financial stability of the company is closely tied to its ability to manage its human resources effectively. Therefore, it is vital for Spotify to engage in proactive measures to address any potential disruptions that may arise from shifts in immigration policy.

In light of these considerations, it is recommended that Spotify closely monitor developments in U.S. customs and immigration regulations. Engaging with policymakers and industry stakeholders can provide valuable insights and help shape a favorable environment for the company’s operations. Additionally, fostering an inclusive workplace culture will be essential in attracting a diverse talent pool, which is critical for the company’s long-term success.

As fiduciaries, we are committed to ensuring that our investments are managed responsibly and sustainably. We believe that addressing these issues will not only benefit Spotify but also enhance the overall value of our investments. We look forward to your response and any insights you may have regarding the company’s strategies in relation to these matters.

Sincerely,

[Your Name]

[Your Title]

[Your Organization]

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