Disclaimer

This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include statements relating to our potential addressable market, the potential benefits of the acquisition of Depop, the expected impact of the acquisition of Depop on our future financial performance and the potential impact on our consolidated financial results, the anticipated timing of the closing of the acquisition of Depop, the anticipated impact of applying Etsy’s expertise to Depop's business and the potential of Depop's business. Forward-looking statements include all statements that are not historical facts. In some cases, forward-looking statements can be identified by terms such as “aim,” “anticipate,” “believe,” “could,” “enable,” “estimate,” “expect,” “goal”, “intend,” “may,” “plan,” “potential,” “target,” “will,” or similar expressions and the negatives of those words. 

Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from those that we expect. These risks and uncertainties include, among others, the possibility that the conditions to the closing of the acquisition of Depop may not be satisfied or waived or that other events may cause the acquisition to not be completed, the potential impact to the business of Depop or Depop’s relationships with its marketplace community due to the announcement of the acquisition, Etsy’s ability to successfully integrate the acquisition and execute on its business plan and ‘house of brands’ model, general economic conditions and other risks and uncertainties, many of which are beyond our control, that are more fully described in our filings with the Securities and Exchange Commission, including in the section entitled “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, and in any subsequent reports that we file with the Securities and Exchange Commission. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of such risks, readers are cautioned not to place undue reliance on such forward looking statements. 

Forward-looking statements represent our beliefs and assumptions only as of the date of this presentation. We disclaim any obligation to update forward-looking statements.

Board of Directors

Etsy's management and board are guided by our mission and core values. They recognize that the long-term interests of stockholders are advanced by responsibly addressing the concerns of Etsy's global community, the localities we serve, and the public and planet at large.

Fred Wilson, Chairman

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Fred Wilson joined the Etsy board in June 2007. Fred has served as the Chair of our Board since 2017 and, formerly, as our lead independent director since October 2014. Fred is a founder of Union Square Ventures where he has been a partner since June 2003. He serves on the board of Coinbase as well as on the boards of several private companies in connection with his role at USV.

Gary Briggs

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Gary Briggs joined Etsy's Board in March, 2018. Gary served as the Vice President and Chief Marketing Officer of Facebook, Inc. from 2013 to 2018. Prior to joining Facebook, Gary served in various marketing roles at Google, eBay, PayPal, and Pepsi. He previously served as a director of LifeLock, Inc. (sold to Symantec.) He also is a member of the board of directors at Petco.

M. Michele Burns

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M. Michele Burns joined the Etsy board in March 2014. Michele has served on the Advisory Board of the Stanford Center on Longevity at Stanford University since October 2019. She served as the Center Fellow and Strategic Advisor to the Stanford Center on Longevity at Stanford University from August 2012 to October 2019. Previously, Michele was the CEO of the Retirement Policy Center sponsored by Marsh & McLennan. She is also the former chair and CEO of Mercer LLC, a global leader for human resources and related financial advice. Michele began her career at Arthur Andersen, serving ultimately as the Senior Partner, Southern Region Federal Tax Practice . In addition to Etsy, Michele serves on the boards of directors at Anheuser-Busch InBev, Cisco Systems and, Goldman Sachs, and several private companies.

Edith Cooper

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Edith Cooper joined Etsy's Board in March, 2018. Ms. Cooper served as Executive Vice President, Global Head, Human Capital Management of Goldman Sachs Group, Inc. from March 2008 to December 2017, and, prior to that, she held various leadership positions in Goldman Sachs' Securities Division from 1996 to 2008. Ms. Cooper began her career in derivative sales at Bankers Trust and Morgan Stanley. She currently serves on the board of directors of Slack Technologies, Inc., EQT AB, MSD Acquisition Corp., and the Museum of Modern Art and Mt. Sinai Hospital.

Jonathan D. Klein

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Jonathan D. Klein joined the Etsy board in June 2011. Jonathan is co-founder and Deputy Chairman of Getty Images. He has served on its board of directors since 1995 and as CEO from 1995 to 2015. He is a member of the board of directors of Jumia Technologies (Chairman of the Board) and Squarespace. Jonathan also serves on the boards of several nonprofit organizations, including the Committee to Protect Journalists.

Melissa Reiff

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Melissa Reiff joined the Etsy board in April 2015. Melissa served as CEO of The Container Store Group (TCS) from July 2016 until her retirement in February 2021. Previously, she served as President of TCS since 2006 and Chief Operating Officer since March 2013. She has served on TCS’ board of directors since August 2007 and as its Chairwoman since August 2019. Melissa is a member of the Dallas chapter of the American Marketing Association, International Women's Foundation and C200, an organization of leading women in business dedicated to fostering growth and increasing opportunities for women entrepreneurs and corporate leaders worldwide.

Josh Silverman, Chief Executive Officer

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Josh Silverman is Etsy's Chief Executive Officer, leading the company as it builds a platform that empowers creative entrepreneurs around the world. He is also a member of Etsy's board of directors.

Josh's two decades of leadership experience include growing consumer technology companies and scaling global marketplaces. He previously served as President of Consumer Products and Services at American Express, CEO of Skype, and CEO of shopping.com, and he held various executive roles at eBay. Earlier in his career, Josh co-founded Evite, Inc. where he also served as the company's CEO. He is currently on the board of directors of Shake Shack.

Josh has a deep commitment to community and civic engagement. He currently serves as Chairman of Code Nation, a non-profit that equips students in under-resourced schools with both fundamental coding skills and professional experiences. He's also a member of the Stanford Business School Management board and was previously on the board of the Lincoln Center Theater.

Margaret "Peggy" Smyth

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Margaret M. "Peggy" Smyth joined the Etsy Board in June 2016. She has been the U.S. chief financial officer of National Grid, a multinational energy company, since 2014. Previously, Peggy served as Vice President of Finance at Con Edison, Vice President and CFO at Hamilton Sundstrand, and Vice President and Corporate Controller for United Technologies Corp. Earlier in her career, Peggy served as the Vice President and Chief Accounting Officer of 3M and in senior leadership roles at Deloitte & Touche and at Arthur Andersen.