Shopify Growth Overview

…..And Contributed to Strength in YoY Subscription Solutions Revenue Growth in Q4 Apps, Themes, Domains, Shopify Plus Platform Fee Revenue* Monthly Recurring Revenue - Shopify Plus Monthly Recurring Revenue - Core $183.2M $351.2M +26% 14% 14% 17% $279.4M +53% 19% 16% 24% 23% 22% 21% 20% 21% 14% 13% 14% 22% 24% 24% 23% 63% 61% 61% 60% 63% 59% 62% 63% 63% Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 *Approximate Apps, Themes, Domains, Shopify Plus Platform Fee Revenue is calculated by averaging current and previous quarter MRR, multiplying by 3 and subtracting total from Subscription Solutions revenue. Numbers may not foot due to rounding. 20 20

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