Computing Science

Measuring Facebook’s

economic impact in Europe

Executive Summary

January 2012

This report has been prepared on the basis of the limitations set out in the

engagement letter and the matters noted in the Important Notice From Deloitte

on Page 1.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), a

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© 2012 Deloitte LLP

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Important Notice from Deloitte

This report (the “Report”) has been prepared by Deloitte LLP (“Deloitte”) for Facebook Inc. in accordance with the

contract with them dated 22nd November 2011 (“the Contract”) and on the basis of the scope and limitations set out

below.

The Report has been prepared solely for the purposes of assessing the Economic Contribution of Facebook in

Europe, as set out in the Contract. It should not be used for any other purpose or in any other context, and Deloitte

accepts no responsibility for its use in either regard including their use by Facebook Inc. for decision making or

reporting to third parties.

The Report is provided exclusively for Facebook Inc.’s use under the terms of the Contract. No party other than

Facebook Inc. is entitled to rely on the Report for any purpose whatsoever and Deloitte accepts no responsibility or

liability or duty of care to any party other than Facebook Inc. in respect of the Report and/or any of its contents.

As set out in the Contract, the scope of our work has been limited by the time, information and explanations made

available to us. The...