SHOPIFY INC.

During the three months ended June 30, 2026, Jeff Hoffmeister, the Company's Chief Financial Officer, adopted a trading plan that provides for the potential sale of up to 20,000 of the Company’s Class A Subordinate Voting Shares. The plan will terminate on June 15, 2027, subject to early termination for certain specified events set forth in the plan.

On July 31, 2026, the Company entered into a new employment agreement with Jessica Hertz, the Company's Chief Operating Officer, in connection with her relocation to Toronto, Canada. The agreement supersedes Ms. Hertz's prior employment agreement dated March 23, 2022. Her base salary, granted equity awards, and change of control benefits remain unchanged. The agreement includes, among other things, provisions regarding the Company's benefit plans, entitlements on termination, and confidentiality, non-competition and non-solicitation.

The Company also agreed to provide relocation assistance addressing the costs arising from her change in country of employment. Ms. Hertz is eligible for reimbursement of documented relocation costs up to a cap, immigration and tax preparation services, and housing assistance for either the purchase of a residence or rental accommodation, but not both, subject to a maximum in each case and limited to costs incurred within 24 months following the relocation. Ms. Hertz is also eligible for equalization amounts with respect to her base salary, equity compensation, and these relocation benefits, which are intended to offset the financial impact of the relocation. Actual amounts incurred will be included, as appropriate, in the Company’s annual executive compensation disclosures.