Overstock Results Presentation Deck

Adjusted EBITDA Reconciliation. overstock. Net loss Depreciation and amortization Stock-based compensation Interest income, net Other (income) expense, net Provision (benefit) for income taxes Special items (see table below) Adjusted EBITDA Segment Adjusted EBITDA Retail tZERO MVI Other Adjusted EBITDA Special items: Special legal charges¹ Severance Impairments on intangible assets Total Special items Dec-2019 (29,660) 7,998 4,606 (262) (1,547) (94) (18,959) $ (2,194) (10,628) (2,695) (3,442) (18,959) Mar-2020 $ Three months ended Jun-2020 (19,565) 7,569 3,268 (72) (6,683) 176 (1,103) (16,410) (1,865) (8,250) (2,498) (3,797) (16,410) (2,501) 1,398 $ $ 34,381 7,548 2,465 (26) 4,171 517 (7,272) 41,784 53,011 (7,052) (2,085) (2,090) 41,784 (7,272) (1,103) $ (7,272) Sep-2020 21,226 7,592 2,623 177 7,526 620 288 $ 40,052 $ 50,249 (5,675) (2,470) (2,052) 40,052 288 288 Dec-2020 $ 10,129 8,107 4,574 159 (186) (324) 433 22,892 $ $ 34,247 (5,800) (2,653) (2,902) 22,892 433 433 1 Special legal charges include amounts associated with the resolution for and adjustments to various legal contingencies and legal fees associated with pursuing our strategic alternatives. Adjusted EBITDA is a non-GAAP financial measure used in addition to and in conjunction with results presented in accordance with GAAP and should not be relied upon to the exclusion of GAAP financial measures. Review our financial statements and publicly-filed reports in their entirety and do not rely on any single financial measure. 37

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