Investor Presentaiton

Company Has Been Slow to Reduce Its Physical Footprint Store closures: (156) (119) (131) restore GameStop Video Game Stores (112) (278) Company guidance (320)(a) Lack of Clarity 6,202 6,046 5,927 5,796 5,684 5,406 5,086 2014 2015 2016 2017 2018 2019 2020E Future target Slow decline of business has also perpetuated negative narrative Source: Company's public filings. Note: Only includes video game stores. Does not include collectibles and technology segment stores. (a) Company guidance of approximately 320 stores closures for 2020 provided on the Q4 2019 earnings call. 73

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