February 23, 2021

Shopify Prices Offering of Class A Subordinate Voting Shares

OTTAWA, Ontario–(BUSINESS WIRE)–Shopify Inc. (NYSE:SHOP)(TSX:SHOP) (“Shopify”) today announced the pricing of its previously announced public offering of 1,180,000 Class A subordinate voting shares (the “Offered Shares”) at a price to the public of US$1,315 per share (the “Offering”). The gross proceeds from the Offering, before underwriting discounts and offering costs, are expected to be US$1,551,700,000. Shopify has granted the Underwriters (as defined below) an over-allotment option to pu

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