Sotheby's Investor Briefing

Truly global business with 90 locations in 40 countries SOTHEBY'S AROUND THE WORLD: TRACK RECORD OF ESTABLISHING GLOBAL PRESENCE 9 auction sales rooms around the world with private sales galleries in New York, Hong Kong, and London . In 2012, received bids from clients in over 120 countries Long-skilled at opening markets to clients where great wealth accumulates and today is bringing the world of art to a new world: . 1 First Western house to hold an auction in mainland China Only auction house with a formal presence in Brazil and Argentina Only auction house to hold sales in Doha, Qatar Sotheby's Sotheby's LO 5

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