Aaron's Investor Presentation — July 2022

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Q2 2022 Earnings Results

Special Note Regarding Forward -Looking Information

& Use of Non -GAAP Information

Statements in this presentation regarding our business that are not historical facts are “forward -looking statements” that invol ve risks and uncertainties which could

cause actual results to differ materially from those contained in the forward -looking statements. Such forward -looking statemen ts generally can be identified by the

use of forward -looking terminology, such as “remain,” “believe,” “outlook,” “expect,” “assume,” “assumed,” and similar terminolo gy. These risks and uncertainties

include factors such as (i) factors impacting consumer spending, including the current inflationary environment and general m acroeconomic conditions; (ii) any

ongoing impact of the COVID -19 pandemic due to new variants or efficacy and rate of vaccinations, as well as related measures ta ken by governmental or regulatory

authorities to combat the pandemic (iii) the possibility that the operational, strategic and shareholder value creation oppor tunities expected from the separation and

spin -off of the Aaron’s Business into what is now The Aaron’s Company, Inc. may not be achieved in a timely manner, or at all; ( iv) the failure of that separation to qualify

for the expected tax treatment; (v) the risk that the Company may fail to realize the benefits expected from the acquisition of BrandsMart, including projected

synergies; (vi) risks related to the disruption of management time from ongoing business operations due to the acquisition; ( vii) failure to promptly and effectively

integrate the BrandsMart acquisition; (viii) the effect of the acquisition on our operating results and businesses and on the ability of Aaron's and BrandsMart to retain

and hire key personnel or maintain relationships with suppliers; (ix) changes in the enforcement and interpretation of existi ng laws and regulations and the adoption

of new laws and regulations that may unfavorably impact our business; (x) legal and regulatory proceedings and investigations , including those related to consumer

protection laws and regulations, customer privacy, third party and employee fraud, and information security; (xi) the risks a ssociated with our strategy and strategic

priorities not being successful, including our e -commerce and real estate repositioning and optimization initiatives, or being m ore costly than anticipated; (xii) risks

associated with the challenges faced by our business, including the commoditization of consumer electronics, our high fixed -cost operating model and the ongoing

labor shortage; (xiii) increased competition from traditional and virtual lease -to-own competitors, as well as from traditional and online retailers and other competitors;