Shopify Results Presentation Deck

GMV growth was supercharged over past two years 3rd Round of Stimulus Checks GMV ($B) 60 50 40 20 10 53% CAGR Q1'17- Q1'20 57% CAGR Q1'20 Q1'22 COVID lockdowns begin 2nd Round of Stimulus Checks BFCM / Holiday Shopping COVID mandates ease; Shift in consumer spend to travel Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22

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