Shopify Investor Event Presentation Deck

ACHIEVE PRODUCT-MARKET FIT, THEN SCALE PLAN: A PHASED APPROACH WITH TRIPWIRES PHASE Product-Market Fit WHEN WHAT 2019-2020 • Build the brain ● 3PL partnerships (WMS & warehouses) PHASE Scale WHEN WHAT 2021-2023 • Continue 3PL partnerships ● Build owned warehouse capacity as required to accommodate demand *See slide "Safe Harbour" at the beginning of this presentation for a disclaimer regarding forward-looking statements contained in this presentation.

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