Sequoia Capital Market Presentation Deck

AMAZON.COM & BUY.COM $ Mil Amazon.com Financial Performance '99-'05 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 t 1999 Revenue 144 2000 Opex 2001 2002 2003 2004 2005 Revenue Growth •Strong business model •Focus on core value proposition 80% 60% 40% 20% 0% -20% -40% EBIT Margin Mil s $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 Buy.com Financial Performance '99-'05 Mkit 1999 Revenue 2000 2001 Opex 2002 2003 2004 2005 Revenue Growth •Profitable growth •Trim fat during lean times 40% 30% 20% 10% 0% -10% -20% -30% -40% -50% -60% EBIT Margin

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