Reddit, Inc. — Director's Dealing 2024

Mar 20, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Reddit, Inc. (RDDT)
CIK: 0001713445
Period of Report: 2024-03-20

Reporting Person: Tencent Holdings Ltd (N/A)
Reporting Person: Tencent Cloud Europe B.V. (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	50425	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (437987)		Indirect
Series D Preferred Stock	$		Class B Common Stock (7984891)		Indirect
Series D-1 Preferred Stock	$		Class B Common Stock (3543124)		Indirect
Series E Preferred Stock	$		Class B Common Stock (2354370)		Indirect
Series F-1 Preferred Stock	$		Class A Common Stock (1076997)		Indirect

Footnotes

F1: Held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited ("Tencent").

F2: Held of record by Tencent Cloud Europe B.V., a wholly-owned subsidiary of Tencent.

F3: Class B Common Stock, par value $0.0001 per share, is voluntarily convertible at any time, at the holder's election, into Class A Common Stock, par value $0.0001 per share, on a one-for-one basis and has no expiration date.

F4: Each of the Series D Preferred Stock and Series E Preferred Stock, each with a par value of $0.0001 per share, is voluntarily convertible on a one-for-one basis into shares of Class B Common Stock, prior to the closing of the initial public offering and has no expiration date. Upon the closing of the Issuer's initial public offering, all shares of Series D Preferred Stock and Series E Preferred Stock will convert automatically into shares of Class B Common Stock. The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a one-for-one basis.

F5: The Series D-1 Preferred Stock, par value of $0.0001 per share, is voluntarily convertible to Class D Preferred Stock on a one-for-one basis to the extent the sum of the voting power of all the shares of the capital stock of the Issuer held by Tencent Cloud Europe B.V. does not exceed 9.9% of all of the then-outstanding shares of the capital stock of the Issuer prior to the closing of the initial public offering. The Series D-1 Preferred Stock is also voluntarily convertible to Class B Common Stock on a one-for-one basis prior to the closing of the initial public offering and has no expiration date. Upon the closing of the Issuer's initial public offering, all shares of Series D-1 Preferred Stock will convert automatically into shares of Class B Common Stock. The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a one-for-one basis.

F6: The Series F-1 Preferred Stock, par value of $0.0001 per share, is voluntarily convertible to Class A Common Stock, on a one-for-one basis prior to the closing of the initial public offering and has no expiration date. Upon the closing of the Issuer's initial public offering, all shares of Series F-1 Preferred Stock will convert automatically into shares of Class A Common Stock.