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Amazon Results Presentation Deck

Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases and Financing Obligations - TTM (1) MM $30,000 $-30,000 (1) $0 (2) $(22,279) Up 80% Y/Y (2) Q2 2022 Q1 2022 Q4 2022 Long-Term Goal - Optimize Free Cash Flows Q3 2022 $(4,455) Q1 2023 Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations is free cash flow reduced by equipment acquired under finance leases, which is included in "Property and equipment acquired under finance leases, net of remeasurements and modifications," principal repayments of all other finance lease liabilities, which is included in "Principal repayments of finance leases," and "Principal repayments of financing obligations." See Appendix for a reconciliation of non-GAAP measures. Operating cash flow increased 38% Y/Y. 14
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