Investor Presentaiton

1 Aggressively Reduce SG&A The Board's current cost reduction plan does not go far enough SG&A as a % of revenue 35% 30% 25% 20% 15% SG&A as a % of gross profit 110% 100% 90% 80% 70% 60% 10% 50% 2008 2010 2012 2014 2016 2018 2020 2008 2010 2012 2014 2016 2018 2020 GME -Peer Average GME Peer Average restore GameStop Source: Company's public filings, Bloomberg Note: Peer Average as defined on page 5. SG&A represents the unadjusted figure. 51

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