Disclaimer

This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include statements relating to our financial guidance for the second quarter of 2023 and underlying assumptions and key drivers; our “vital few” initiatives and their ability to re-accelerate growth and increase our value proposition; our product development and marketing initiatives and their ability to improve customer experiences, engagement, increase customer spend and enhance our brand perception and awareness; our ability to attract, engage, retain and grow buyers and sellers; our investment approach and its positive impact on our growth and profitability; our ability to grow market share; our ability to re-accelerate our GMS/active buyer metric; the future of search on our marketplaces; and our ability to navigate the global macroeconomic uncertainty and volatility. Forward-looking statements include all statements that are not historical facts. In some cases, forward-looking statements can be identified by terms such as “anticipate,” “believe,” “could,” “enable,” “estimate,” “expect,” “goal,” “intend,” “may,” “outlook,” “plan,” “potential,” “target,” “will,” or similar expressions and derivative forms and/or 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: (1) the level of demand for our services or products sold in our marketplaces and our ability to support our recent growth; (2) the importance to our success of the trustworthiness of our marketplaces and our ability to attract and retain active and engaged communities of buyers and sellers; (3) risks related to the COVID-19 pandemic; (4) the fluctuation of our quarterly operating results; (5) our failure to meet our publicly announced guidance or other expectations; (6) if we or our third-party providers are unable to protect against technology vulnerabilities, service interruptions, security breaches, or other cyber incidents; (7) our dependence on continued and unimpeded access to third-party services, platforms, and infrastructure; (8) macroeconomic events that are outside of our control; (9) operational and compliance risks related to our payments systems; (10) our ability to recruit and retain employees; (11) our ability to compete effectively; (12) our ability to enhance our current offerings and develop new offerings to respond to the changing needs of sellers and buyers; (13) our ability to demonstrate progress against our environmental, social, and governance Impact strategy; (14) our efforts to expand internationally; (15) our ability to successfully integrate and receive the expected benefits from the Depop and Elo7 acquisitions; (16) acquisitions that may prove unsuccessful or divert management attention; (17) regulation in the area of privacy and protection of user data; and (18) litigation and regulatory matters, including intellectual property claims. These and other risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission, including in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2022, and 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 these risks, uncertainties and assumptions, we cannot guarantee future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur.

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

Our Leadership

Etsy Inc. Executive Team

Portrait

Josh Silverman, Chief Executive Officer

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 was previously a member of the Stanford Business School Management board and the Lincoln Center Theater board.

Portrait

Rachel Glaser, Chief Financial Officer

Rachel is Etsy’s CFO, bringing more than 30 years of senior financial experience to Etsy. She’s responsible for overseeing our global financial operations.

Rachel joins Etsy from Leaf Group, where she served as CFO since 2015. While at Leaf Group, she led efforts that strengthened operating efficiency and helped the company through a transformative period and a return to growth. Prior to joining Leaf, Rachel was CFO at Move, Inc. and helped lead a successful sale of the company to News Corporation.

Rachel has also held roles as Senior Vice President, Operations Finance at Yahoo! and at The Walt Disney Company, where she spent nearly 20 years in leadership positions in finance, operations, and technology teams. Rachel Glaser was elected to the Board of Directors of The New York Times Company in 2018.

Portrait

Ryan Scott, Chief Marketing Officer

Ryan Scott is our Chief Marketing Officer, bringing two decades of marketing and e-commerce experience to Etsy. He leads the company's digital marketing, advertising, communications, brand, market research and international growth initiatives, elevating Etsy to new shoppers around the world and deepening engagement within our existing community.

Prior to joining Etsy, Ryan was Chief Consumer and Marketing Officer at Slice, the leading digital marketplace for pizza ordering, where he led the end-to-end consumer experience, including developing new products, growing brand affinity and user adoption. Previously, he was CMO of SoulCycle, Co-CEO at Pond5 and served as the first CMO of Seamless.

Portrait

Nick Daniel, Chief Product Officer

Nick Daniel is Etsy’s Chief Product Officer. He is responsible for leading Etsy's product development efforts worldwide, building exceptional shopping experiences across platforms, and enabling creative entrepreneurs to start, manage and scale global businesses.

Since 2014, Nick has led highly-technical, complex, and cross-functional initiatives that have unlocked significant value for Etsy’s customers and stakeholders. He championed the expansion and optimization of Etsy Ads and oversaw efforts to create a more personalized shopping experience, improve the selling platform, and scale Etsy’s marketing technology capabilities.

Prior to joining Etsy, Nick worked in sales engineering at Google and, earlier in his career, held various consulting and software development roles. He holds a BS in Computer Engineering from the University of Dayton and an MBA and Master of Information Systems from Boston University.

Portrait

Raina Moskowitz, Chief Operating Officer

Raina Moskowitz is Etsy’s Chief Operating Officer. In this role, her mission is to develop and drive Etsy’s strategy, oversee global marketplace services, and unlock new growth and revenue-driving opportunities. Her team includes Strategy and Operations, Payments, Fulfillment, Member Services, Trust & Safety, and Impact. Raina joined Etsy in 2018 and, prior to becoming Chief Operating Officer, she was Chief Operations, Strategy, and People Officer.

Before Etsy, Raina led U.S. customer marketing, and held multiple leadership roles in product, strategy and marketing at American Express. She is a graduate of the Wharton School at the University of Pennsylvania. Raina has served on the board of directors of Sprout Social since 2020.

Portrait

Kim Seymour, Chief Human Resources Officer

Kim Seymour is Etsy’s Chief Human Resources Officer, bringing more than two decades of experience in building world-class teams. Kim is responsible for building on Etsy’s high-performing, equitable, and inclusive culture, aligning global talent to growth opportunities and continuing to shape how Etsy approaches the future of work.

Before Etsy, Kim served as the Chief People Officer of WW International. Prior to that, Kim spent over a decade at American Express, most recently serving as Senior Vice President and HR Business Partner. She also served in roles of increasing responsibility at Home Depot and General Electric in Appliances, Capital and Energy earlier in her career.

Kim holds a JD from Vanderbilt University and an MBA from Indiana University. She also serves as an advisor to MasterClass, is a Trustee of Fisk University and has been a Director of RHR International since 2019.

Portrait

Rachana Kumar, Chief Technology Officer

Rachana is Etsy’s Chief Technology Officer, focused on leveraging technology to create economic empowerment opportunities for Etsy’s vibrant, global community. Over the course of her eight-year tenure, Rachana has played a leading role in critical initiatives, such as launching Etsy's product development principles, driving mobile and app penetration, and buyer growth. Most recently, Rachana served as the Managing Director of Etsy Mexico, where she was responsible for opening the company’s Mexico City office and building the team to nearly 130 employees in just 18 months.

Rachana's experience spans multiple countries and industries ranging from media and ecommerce in the US, the sociopolitical space in India, and international development in Cambodia. She is passionate about using technology for good and has worked with the UN, Council on Foreign Relations, and ran her own non profit organization.

Rachana holds a Bachelor's degree from RV College of Engineering in Bengaluru, India and a Master of Public Administration from Columbia University. She has been recognized as one of the Top 50 Women in Tech by the National Diversity Council, and has received the Digital Diversity Network's Innovation and Inclusion CodeBreakers Award, Innovators & Disrupters Award from New York on Tech and Future CIO Award at Women in IT Awards.

Portrait

Colin Stretch, Chief Legal Officer and Corporate Secretary

Colin Stretch is Etsy’s Chief Legal Officer and Corporate Secretary, responsible for overseeing Etsy’s legal, policy, and advocacy functions.

Colin brings 25 years of legal experience to Etsy, including as former General Counsel of Facebook (now Meta) from 2013-2019 where he led the company’s legal and compliance functions as well as corporate legal affairs. Before that, he was Facebook’s Deputy General Counsel from 2010-2013, running the regulatory and litigation divisions. After Facebook, Colin became a Leader-in-Residence at Columbia University Law School’s Reuben Mark Initiative for Organizational Character & Leadership and was an Executive-in-Residence at Columbia Business School.

Earlier in his career, Colin was a partner at Kellogg, Hansen, Figel & Frederick. He also clerked for Justice Stephen G. Breyer on the United States Supreme Court and Judge Laurence H. Silberman on the United States Court of Appeals for the D.C. Circuit. He was a member of the Honors Program in the Antitrust Division of the United States Department of Justice.

House of Brands Subsidiary Leadership

Portrait

Kruti Patel Goyal, Depop Chief Executive Officer

Kruti Patel Goyal was promoted to Chief Executive Officer of Depop effective September 2022.  Previously, she was Etsy’s Chief Product Officer, responsible for leading the company’s product development efforts worldwide, building exceptional shopping experiences across platforms, and enabling creative entrepreneurs to start, manage and scale global businesses.

Kruti has held many integral roles at Etsy since joining the Company in 2011, helping lead through multiple phases of growth. Her prior roles have included overseeing Etsy's Seller Services business globally, managing Corporate Development, leading the International growth team and serving as the company’s first head of Marketplace Integrity and Trust & Safety teams.

Before joining Etsy, Kruti worked in strategy and business development at Viacom and at Product (RED). Kruti began her career in M&A at Morgan Stanley and at General Atlantic Partners as a growth equity investor in technology businesses.

Portrait

David Mandelbrot, Reverb Chief Executive Officer

David Mandelbrot is CEO at Reverb, the largest online marketplace dedicated to buying and selling new, used, and vintage musical instruments. Prior to joining Reverb, David was CEO of Indiegogo, where he led the crowdfunding platform as it helped users raise more than $1 billion for hundreds of thousands of projects. David has more than two decades of leadership experience, including time as VP and GM of Yahoo!’s media and entertainment division.

Portrait

Carlos (Calico) Curioni, Elo7 Chief Executive Officer

Calico has been the CEO of Elo7.com, the Brazil-based market for unique and handmade items, since 2011. Prior to joining Elo7, Carlos was Director of Operations at MercadoLibre.com, and was previously in the Consumer Product and Retail practice at Accenture. He received a degree in Industrial Engineering from the University of São Paulo and holds an MBA from The Wharton School, University of Pennsylvania.