WILLIAMS-SONOMA, INC. 2019 INVESTOR PRESENTATION WILLIAMS WILLIAMS SONOMA SONOMA west elm MARK & GRAHAM REJUVE NATION OUTWARD ＣＡＬＩＦＯＲＮＩＡ HOME MACRO 1 The macro backdrop remains supportive of consumer spending in Home Furnishings Personal consumption remains robust and supportive of GDP growth Unemployment is at decade lows and wages continue to rise Consumer confidence is near record highs ECONOMIC FUNDAMENTALS ARE SOLID THE HOME IS THE MOST IMPORTANT ASSET Home equity has increased more than 2x since 2011 ...