Shopify Results Presentation Deck

Merchant Solutions attach rate continues to climb while we've taken action to improve operational efficiency 1.38% Q3 2017 Q3 2018 Q3 2019 Ill ¹MS attach rate is defined as merchant solutions revenue divided by GMV 2MS attach rate inclusive of Deliverr acquisition (+8bps) which occurred in Q3 2022 Q3 2020 Merchant Solutions Attach Rate (MS attach rate¹) Q3 2021 2.14% Q3 2022²

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