Sotheby's Investor Presentation Deck

SOTHEBY'S DIGITAL DEVELOPMENT TIMELINE 2019 Investor Briefing: April 2019 Mobile payment Full mobile bidding in all time-based online only sales Digital Auction Management ● An in-house system to digitize core ● Paperless auction room Bid clerk and auctioneer apps auction business New platform to run all sales by end of 2019 ● • Efficiencies at all stages of auction process ● ● 24 New bidding system will improve data capture and security Recommendations engine to drive middle-market sales developed by in-house A.I. team Sotheby's

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