Investor Presentaiton

High Short Interest Suggests Growing Pessimism with Current Plan Despite lower stock prices, short interest has increased materially Stock Price $10.55 March 2019 66% decline $3.60 February 2020 restore Source: FactSet GameStop Note: March data is as of March 21, 2019 (day George Sherman was announced as CEO). February data is as of February 28, 2020. Short Interest as a percentage of float 101% 35% Nearly 3x increase March February 2019 2020 21

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