Creating Economic Impact

Strong Consistent GMV Growth Merchants Are Joining, Scaling and Succeeding on Shopify $119.6B +96% $61.1B +49% ...il $15.4B $26.3B +71% $41.1B +56% 2016 2017 2018 2019 2020 $30.1B $42.2B +40% Q2 2020 Q2 2021 *Gross Merchandise Volume, or GMV, represents the total dollar value of orders facilitated on the Shopify platform including certain apps and channels for which a revenue-sharing arrangement is in place in the period, net of refunds, and inclusive of shipping and handling, duty and value-added taxes. 21

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