Shopify Investor Presentation Deck

Committed to operational efficiency to drive long-term growth Sustained gross profit dollar growth balanced with investments to support future growth $637.6M Q1 2022 $655.6M Q2 2022 $662.3M Q3 2022 Gross Profit $798.5M Q4 2022 $31.9M Q1 2022 ($45.8M) Q2 2022 ($45.1M) Q3 2022 $61.0M Q4 2022 Adjusted Operating Profit/(Loss)* *Excludes the effect of stock-based compensation (SBC) expenses and related payroll taxes, employee severance, expense related to legal contingencies, real estate-related impairment charges and amortization of acquired intangibles. Adjusted operating profit/loss is a non-GAAP measures, see Appendix for reconciliation. 30

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