Shopify Investor Day Presentation Deck

We have momentum and are taking share of the market... 43:1 Midmarket VS. Competition 26:1 Large VS. Competition *Ratio is the number of Shopify Merchants added vs. the number departed to competitors YTD through September 2023 **Midmarket and large account segments defined as merchants generating between $2-$20M and $20-$125M annual GMV, respectively

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