Overstock Results Presentation Deck

Wayfair Comparison - Ad Spend / Visit $1.00 $0.90 $0.80 $0.70 $0.60 $0.50 $0.40 $0.30 $0.20 $0.10 $- $0.94 $0.34 Q4 14 $0.88 $0.28 Q1 15 Ad Spend / Visit $0.88 Q2 15 Ad Spend data source: Overstock and Wayfair 10-Ks and 10-Qs Visit data source: Hitwise, a division of Connexity loverstock.com $0.29 $0.84 $0.32 Q3 15 Wayfair Ad Spend/Visit $0.90 $0.32 Q4 15 $0.90 $0.29 Q1 16 $0.90 $0.32 Q2 16 -Overstock Ad Spend/Visit $0.84 $0.32 Q3 16 $0.88 $0.38 Q4 16 8

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