Shopify Investor Day Presentation Deck

...delivering GMV that compounds every year $60 $50 $40 $30 $20 $10 $0 2015 FY'15 & Earlier 2016 FY'16 FY'17 2017 FY'18 FY'19 2018 FY'20 Seasonally strong Q4 2019 FY'21 FY'22 2020 FY'23 Cohorts *Cohorts based on the year a merchant joined the platform 2021 2022 O 2023

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