Overstock Results Presentation Deck

Q2 2020 Financial Results: Overstock Retail Revenue $767.0 Million +109% vs. Q2'19 OpEx as % of Revenue ¹ 17.2% -496bps vs. Q2'19 1 Excludes $7.3M in favorable special items in Q2 2020. 2 Adjusted EBITDA is a non-GAAP financial measure. loverstock. See Reconciliation in Appendix Gross Margin 23.2% +347bps vs. Q2'19 Adjusted EBITDA² $53.0 Million +$51.4M vs. Q2'19 Dynamics ■ Business model scaled >200% new customer growth YoY ▪ Gross margin expanded Structural improvements coupled with one-time favorability ▪ Created operating leverage Scalability inherent in pure play e-commerce model ▪ Delivered profitability Consistent margin profile I with current sales trends 11

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