Shopify Start Up Pitch Deck

Strong Consistent Revenue Growth $195.0M +112% $23.7M +86% +109% $105.0M $50.3M 2012 2013 2014 Merchant solutions Subscription solutions *Midpoint of management forecast range at November 4, 2015 2015e* ● • + 93% DRIVERS ● $69.8M 9 MO 2014 $135.1M 9 MO 2015 Growing merchant base Expanding GMV Introduction and adoption of merchant offerings Robust partner ecosystem 20

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