Overstock Results Presentation Deck

Quarterly Advertising Spend in millions $180 $160 $140 $120 $100 $80 $60 $40 $20 $- $98 $29 $94 $30 Ooverstock.com $101 $32 $116 $45 $118 $34 $124 $40 Source: Overstock and Wayfair 10-Ks and 10-Qs $142 $41 $166 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017 Wayfair Overstock $50 Q4 2017 Branding (TV Spots) Wayfair 8:1 Source: Nielsen Ad Intel Overstock 12

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