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SHOPIFY INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

37Reported items
672Asset managers
8,422Fund votes
2024-06-04Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore SHOPIFY INC. in the interactive database Compare manager voting policies

How asset managers voted at the SHOPIFY INC. 2023-2024 meeting

Each item below shows how the 672 asset managers that disclosed a SHOPIFY INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of SHOPIFY INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory Vote on Executive Compensation Proposal Non- binding advisory resolution that the shareholders accept Shopify Inc.'s approach to executive compensation as disclosed in the Management Information Circular for the Meeting.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 15 wordings of this item as funds reported it.

86% fund support · no official result

FOR 86%AGAINST 14%

The 444 asset managers below cast 86% of the shares they voted on this item FOR (90,308,049 for, 15,253,343 against).

FOR: 90,308,049 (85.5%)AGAINST: 15,253,343 (14.4%)UNKNOWN: 4,985 (0.0%)NOT VOTED: 1,527 (0.0%)1 YEAR: 207 (0.0%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Proposal Non- binding advisory resolution that the shareholders accept” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
BAILLIE GIFFORD OVERSEAS LTD	20,637,771	377,849	For
JPMorgan	20,015,469	152,985	For
BAILLIE GIFFORD & CO LTD	14,462,293	0	For
Vanguard	11,981,043	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	0	3,220,046	Against
Ashe Capital Management, LP	2,802,195	0	For
JARISLOWSKY, FRASER Ltd	0	2,547,070	Against
Jackson National	1,283,791	1,255,075	For
Northern Trust	1,725,200	1,446	For
1832 Asset Management L.P.	456,995	1,162,370	Against
Strategy Capital LLC	1,520,942	0	For
Ensign Peak Advisors, Inc	1,508,493	0	For
Bridge Builder Trust	1,374,101	69,556	For
Natixis	0	1,364,008	Against
BAILLIE GIFFORD FUNDS	1,201,135	0	For
TOUCHSTONE FUNDS GROUP TRUST	918,452	0	For
Virtus	894,300	0	For
John Hancock	526,294	203,311	For
SCOTIA CAPITAL INC.	0	681,095	Against
ZEVENBERGEN CAPITAL INVESTMENTS LLC	648,406	0	For
Contour Asset Management LLC	648,010	0	For
ENVESTNET ASSET MANAGEMENT INC	0	594,159	Against
Korea Investment CORP	0	568,693	Against
RAYMOND JAMES & ASSOCIATES	0	536,555	Against

Showing the 25 largest of 444 asset managers. See all 444 in the interactive database.

2. 1D Election of Director: Colleen Johnston

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

89% fund support · no official result

FOR 89%11%

The 163 asset managers below cast 89% of the shares they voted on this item FOR (253,688,011 for, 32,630,992 against).

FOR: 253,688,011 (88.6%)AGAINST: 32,630,992 (11.4%)

Largest asset managers voting on “1D Election of Director: Colleen Johnston” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	59,097,349	28,020,989	For
Vanguard	43,017,744	0	For
Fidelity	23,882,813	0	For
T. Rowe Price	19,058,661	0	For
JPMorgan	18,519,061	0	For
Morgan Stanley	9,280,531	0	For
BlackRock	6,840,244	0	For
Franklin Custodian Funds	5,411,700	0	For
TIAA	5,148,618	0	For
AMCAP FUND	1,864,077	3,212,076	Against
Virtus	4,382,356	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	3,220,046	0	For
Invesco	2,905,401	0	For
Jackson National	2,538,866	0	For
NEW ECONOMY FUND	1,720,074	789,773	For
Lord Abbett	2,382,732	0	For
Charles Schwab	2,148,760	0	For
BNY Mellon	2,101,913	0	For
Legg Mason	1,744,201	0	For
Transamerica	1,721,228	0	For
Brighthouse	1,658,552	0	For
State Street	1,619,007	0	For
Hartford	1,603,089	0	For
Federated Hermes	1,534,873	0	For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

3. 1I Election of Director: Fidji Simo

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

86% fund support · no official result

FOR 86%AGAINST 14%

The 163 asset managers below cast 86% of the shares they voted on this item FOR (245,077,674 for, 41,241,329 against).

FOR: 245,077,674 (85.6%)AGAINST: 41,241,329 (14.4%)

Largest asset managers voting on “1I Election of Director: Fidji Simo” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	87,118,338	0	For
Vanguard	11,980,023	31,037,721	Against
Fidelity	23,833,337	49,476	For
T. Rowe Price	19,058,661	0	For
JPMorgan	18,519,061	0	For
Morgan Stanley	9,280,531	0	For
BlackRock	6,840,244	0	For
Franklin Custodian Funds	5,411,700	0	For
TIAA	5,148,618	0	For
AMCAP FUND	5,076,153	0	For
Virtus	4,382,356	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	3,220,046	0	For
Invesco	2,904,344	1,057	For
Jackson National	2,537,996	870	For
NEW ECONOMY FUND	2,509,847	0	For
Lord Abbett	2,382,732	0	For
Charles Schwab	0	2,148,760	Against
BNY Mellon	37,581	2,064,332	Against
Legg Mason	1,744,201	0	For
Transamerica	1,721,228	0	For
Brighthouse	1,650,491	8,061	For
State Street	1,619,007	0	For
Hartford	0	1,603,089	Against
Federated Hermes	0	1,534,873	Against

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

4. 1C Election of Director: Gail Goodman

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

74% fund support · no official result

FOR 74%AGAINST 26%

The 163 asset managers below cast 74% of the shares they voted on this item FOR (210,799,969 for, 75,519,034 against).

FOR: 210,799,969 (73.6%)AGAINST: 75,519,034 (26.4%)

Largest asset managers voting on “1C Election of Director: Gail Goodman” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	87,118,338	0	For
Vanguard	11,980,023	31,037,721	Against
Fidelity	23,794,471	88,342	For
T. Rowe Price	19,023,661	35,000	For
JPMorgan	18,519,061	0	For
Morgan Stanley	9,273,515	7,016	For
BlackRock	0	6,840,244	Against
Franklin Custodian Funds	0	5,411,700	Against
TIAA	0	5,148,618	Against
AMCAP FUND	5,076,153	0	For
Virtus	4,382,356	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	3,220,046	0	For
Invesco	0	2,905,401	Against
Jackson National	1,613,334	925,532	For
NEW ECONOMY FUND	2,509,847	0	For
Lord Abbett	2,382,732	0	For
Charles Schwab	0	2,148,760	Against
BNY Mellon	0	2,101,913	Against
Legg Mason	1,744,201	0	For
Transamerica	1,721,228	0	For
Brighthouse	1,210,822	447,730	For
State Street	1,619,007	0	For
Hartford	573	1,602,516	Against
Federated Hermes	0	1,534,873	Against

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

5. 1E Election of Director: Jeremy Levine

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

89% fund support · no official result

FOR 89%11%

The 163 asset managers below cast 89% of the shares they voted on this item FOR (253,662,198 for, 32,656,805 against).

FOR: 253,662,198 (88.6%)AGAINST: 32,656,805 (11.4%)

Largest asset managers voting on “1E Election of Director: Jeremy Levine” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	59,097,349	28,020,989	For
Vanguard	43,017,744	0	For
Fidelity	23,882,813	0	For
T. Rowe Price	19,058,661	0	For
JPMorgan	18,519,061	0	For
Morgan Stanley	9,280,531	0	For
BlackRock	6,840,244	0	For
Franklin Custodian Funds	5,411,700	0	For
TIAA	5,148,618	0	For
AMCAP FUND	1,864,077	3,212,076	Against
Virtus	4,382,356	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	3,220,046	0	For
Invesco	2,905,401	0	For
Jackson National	2,538,866	0	For
NEW ECONOMY FUND	1,720,074	789,773	For
Lord Abbett	2,382,732	0	For
Charles Schwab	2,148,760	0	For
BNY Mellon	2,101,913	0	For
Legg Mason	1,744,201	0	For
Transamerica	1,721,228	0	For
Brighthouse	1,658,552	0	For
State Street	1,619,007	0	For
Hartford	1,603,089	0	For
Federated Hermes	1,534,873	0	For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

6. 1G Election of Director: Lulu Cheng Meservey

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 163 asset managers below cast 99.9% of the shares they voted on this item FOR (286,264,615 for, 54,388 against).

FOR: 286,264,615 (100.0%)AGAINST: 54,388 (0.0%)

Largest asset managers voting on “1G Election of Director: Lulu Cheng Meservey” at SHOPIFY INC., 2023-2024
Asset manager	For	Vote
Capital Group	87,118,338	For
Vanguard	43,017,744	For
Fidelity	23,882,813	For
T. Rowe Price	19,058,661	For
JPMorgan	18,519,061	For
Morgan Stanley	9,280,531	For
BlackRock	6,840,244	For
Franklin Custodian Funds	5,411,700	For
TIAA	5,148,618	For
AMCAP FUND	5,076,153	For
Virtus	4,382,356	For
ARK ETF Trust	4,153,381	For
Loomis Sayles	3,220,046	For
Invesco	2,905,401	For
Jackson National	2,538,866	For
NEW ECONOMY FUND	2,509,847	For
Lord Abbett	2,382,732	For
Charles Schwab	2,148,760	For
BNY Mellon	2,101,913	For
Legg Mason	1,744,201	For
Transamerica	1,721,228	For
Brighthouse	1,658,552	For
State Street	1,619,007	For
Hartford	1,603,089	For
Federated Hermes	1,534,873	For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

7. 1F Election of Director: Prashanth Mahendra-Rajah

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 163 asset managers below cast 98% of the shares they voted on this item FOR (279,452,033 for, 6,866,970 against).

FOR: 279,452,033 (97.6%)AGAINST: 6,866,970 (2.4%)

Largest asset managers voting on “1F Election of Director: Prashanth Mahendra-Rajah” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	87,118,338	0	For
Vanguard	43,017,744	0	For
Fidelity	23,882,813	0	For
T. Rowe Price	19,058,661	0	For
JPMorgan	18,519,061	0	For
Morgan Stanley	9,280,531	0	For
BlackRock	6,840,244	0	For
Franklin Custodian Funds	5,411,700	0	For
TIAA	5,148,618	0	For
AMCAP FUND	5,076,153	0	For
Virtus	1,130,616	3,251,740	Against
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	3,220,046	0	For
Invesco	2,904,344	1,057	For
Jackson National	2,538,866	0	For
NEW ECONOMY FUND	2,509,847	0	For
Lord Abbett	2,382,732	0	For
Charles Schwab	0	2,148,760	Against
BNY Mellon	2,101,913	0	For
Legg Mason	1,744,201	0	For
Transamerica	1,721,228	0	For
Brighthouse	1,658,552	0	For
State Street	1,619,007	0	For
Hartford	1,603,089	0	For
Federated Hermes	1,534,873	0	For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

8. 1B Election of Director: Robert Ashe

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

74% fund support · no official result

FOR 74%AGAINST 26%

The 163 asset managers below cast 74% of the shares they voted on this item FOR (211,220,763 for, 75,098,240 against).

FOR: 211,220,763 (73.8%)AGAINST: 75,098,240 (26.2%)

Largest asset managers voting on “1B Election of Director: Robert Ashe” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	59,097,349	28,020,989	For
Vanguard	11,980,023	31,037,721	Against
Fidelity	23,833,337	49,476	For
T. Rowe Price	19,058,661	0	For
JPMorgan	18,519,061	0	For
Morgan Stanley	9,280,531	0	For
BlackRock	6,840,244	0	For
Franklin Custodian Funds	5,411,700	0	For
TIAA	5,148,618	0	For
AMCAP FUND	1,864,077	3,212,076	Against
Virtus	4,382,356	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	3,220,046	0	For
Invesco	2,904,344	1,057	For
Jackson National	2,537,996	870	For
NEW ECONOMY FUND	1,720,074	789,773	For
Lord Abbett	2,382,732	0	For
Charles Schwab	0	2,148,760	Against
BNY Mellon	37,581	2,064,332	Against
Legg Mason	1,744,201	0	For
Transamerica	1,721,228	0	For
Brighthouse	1,650,491	8,061	For
State Street	0	1,619,007	Against
Hartford	0	1,603,089	Against
Federated Hermes	0	1,534,873	Against

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

9. 1H Election of Director: Toby Shannan

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 163 asset managers below cast 99.9% of the shares they voted on this item FOR (286,264,615 for, 54,388 against).

FOR: 286,264,615 (100.0%)AGAINST: 54,388 (0.0%)

Largest asset managers voting on “1H Election of Director: Toby Shannan” at SHOPIFY INC., 2023-2024
Asset manager	For	Vote
Capital Group	87,118,338	For
Vanguard	43,017,744	For
Fidelity	23,882,813	For
T. Rowe Price	19,058,661	For
JPMorgan	18,519,061	For
Morgan Stanley	9,280,531	For
BlackRock	6,840,244	For
Franklin Custodian Funds	5,411,700	For
TIAA	5,148,618	For
AMCAP FUND	5,076,153	For
Virtus	4,382,356	For
ARK ETF Trust	4,153,381	For
Loomis Sayles	3,220,046	For
Invesco	2,905,401	For
Jackson National	2,538,866	For
NEW ECONOMY FUND	2,509,847	For
Lord Abbett	2,382,732	For
Charles Schwab	2,148,760	For
BNY Mellon	2,101,913	For
Legg Mason	1,744,201	For
Transamerica	1,721,228	For
Brighthouse	1,658,552	For
State Street	1,619,007	For
Hartford	1,603,089	For
Federated Hermes	1,534,873	For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

10. Election of Director: Tobias Lutke

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 159 asset managers below cast 99.9% of the shares they voted on this item FOR (283,593,140 for, 178,020 against).

FOR: 283,593,140 (99.9%)AGAINST: 178,020 (0.1%)

Largest asset managers voting on “Election of Director: Tobias Lutke” at SHOPIFY INC., 2023-2024
Asset manager	For	Vote
Capital Group	87,118,338	For
Vanguard	43,017,744	For
Fidelity	23,882,813	For
T. Rowe Price	19,058,661	For
JPMorgan	18,519,061	For
Morgan Stanley	9,280,531	For
BlackRock	6,840,244	For
Franklin Custodian Funds	5,411,700	For
TIAA	5,148,618	For
AMCAP FUND	5,076,153	For
ARK ETF Trust	4,153,381	For
Virtus	3,488,056	For
Loomis Sayles	3,220,046	For
Invesco	2,905,401	For
Jackson National	2,538,866	For
NEW ECONOMY FUND	2,509,847	For
Lord Abbett	2,382,732	For
Charles Schwab	2,148,760	For
BNY Mellon	2,101,913	For
Legg Mason	1,744,201	For
Transamerica	1,721,228	For
State Street	1,619,007	For
Hartford	1,603,089	For
Federated Hermes	1,534,873	For
Artisan	1,501,661	For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

11. Advisory Vote on Executive Compensation Approach

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

56% fund support · no official result

FOR 56%AGAINST 44%

The 114 asset managers below cast 56% of the shares they voted on this item FOR (147,694,905 for, 117,287,188 against).

FOR: 147,694,905 (55.7%)AGAINST: 117,287,188 (44.3%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	46,266,039	40,852,299	For
Vanguard	28,678,718	0	For
JPMorgan	24,744,643	11,982	For
Fidelity	20,089,031	3,744,306	For
T. Rowe Price	19,023,661	35,000	For
Morgan Stanley	0	9,280,531	Against
Desjardins Global Asset Management Inc.	0	8,670,792	Against
BlackRock	0	6,840,244	Against
Franklin Custodian Funds	0	5,411,700	Against
TIAA	0	5,148,618	Against
AMCAP FUND	0	5,076,153	Against
Virtus	236,316	3,251,740	Against
Invesco	0	2,905,401	Against
NEW ECONOMY FUND	1,720,074	789,773	For
Lord Abbett	2,382,732	0	For
BNY Mellon	0	2,101,913	Against
Legg Mason	0	1,744,201	Against
Transamerica	0	1,721,228	Against
State Street	0	1,619,007	Against
APG Asset Management US Inc.	0	1,616,478	Against
Artisan	1,501,661	0	For
Brighthouse	265,245	1,185,623	Against
Thrivent	0	1,147,508	Against
Equitable	515,122	595,879	Against
Columbia Threadneedle	0	1,090,073	Against

Showing the 25 largest of 114 asset managers. See all 114 in the interactive database.

12. Approve the Unallocated Options under the Stock Option Plan

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

16% fund support · no official result

FOR 16%AGAINST 84%

The 105 asset managers below cast 16% of the shares they voted on this item FOR (37,591,061 for, 193,618,717 against).

FOR: 37,591,061 (16.3%)AGAINST: 193,618,717 (83.7%)

Largest asset managers voting on “Approve the Unallocated Options under the Stock Option Plan” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	28,020,989	59,097,349	Against
Vanguard	0	28,678,718	Against
Fidelity	0	23,833,337	Against
T. Rowe Price	0	19,058,661	Against
Morgan Stanley	0	9,280,531	Against
BlackRock	0	6,840,244	Against
Franklin Custodian Funds	0	5,411,700	Against
TIAA	0	5,148,618	Against
AMCAP FUND	3,212,076	1,864,077	For
Virtus	0	3,488,056	Against
Invesco	0	2,905,401	Against
NEW ECONOMY FUND	789,773	1,720,074	Against
Lord Abbett	2,382,732	0	For
BNY Mellon	0	2,101,913	Against
Legg Mason	0	1,744,201	Against
Transamerica	0	1,721,228	Against
State Street	0	1,619,007	Against
APG Asset Management US Inc.	0	1,616,478	Against
Artisan	1,501,661	0	For
Brighthouse	0	1,450,868	Against
Thrivent	0	1,147,508	Against
Equitable	489,022	621,979	Against
Columbia Threadneedle	0	1,090,073	Against
BARON SELECT FUNDS	0	1,057,156	Against
AIG/SunAmerica	0	905,955	Against

Showing the 25 largest of 105 asset managers. See all 105 in the interactive database.

13. Approve the Third Amended and Restated Long Term Incentive Plan

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

25% fund support · no official result

FOR 25%AGAINST 75%

The 104 asset managers below cast 25% of the shares they voted on this item FOR (57,519,592 for, 172,073,708 against).

FOR: 57,519,592 (25.1%)AGAINST: 172,073,708 (74.9%)

Largest asset managers voting on “Approve the Third Amended and Restated Long Term Incentive Plan” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Capital Group	28,020,989	59,097,349	Against
Vanguard	0	28,678,718	Against
Fidelity	19,928,531	3,904,806	For
T. Rowe Price	0	19,058,661	Against
Morgan Stanley	0	9,280,531	Against
BlackRock	0	6,840,244	Against
Franklin Custodian Funds	0	5,411,700	Against
TIAA	0	5,148,618	Against
AMCAP FUND	3,212,076	1,864,077	For
Virtus	0	3,488,056	Against
Invesco	0	2,905,401	Against
NEW ECONOMY FUND	789,773	1,720,074	Against
Lord Abbett	2,382,732	0	For
BNY Mellon	0	2,101,913	Against
Legg Mason	0	1,744,201	Against
Transamerica	0	1,721,228	Against
State Street	0	1,619,007	Against
Artisan	1,501,661	0	For
Brighthouse	0	1,450,868	Against
Thrivent	0	1,147,508	Against
Equitable	489,022	621,979	Against
Columbia Threadneedle	0	1,090,073	Against
BARON SELECT FUNDS	0	1,057,156	Against
AIG/SunAmerica	0	905,955	Against
First Trust	0	811,756	Against

Showing the 25 largest of 104 asset managers. See all 104 in the interactive database.

14. Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration

AUDIT-RELATED

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 103 asset managers below cast 100% of the shares they voted on this item FOR (229,508,596 for, 0 against).

FOR: 229,508,596 (100.0%)

Largest asset managers voting on “Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration” at SHOPIFY INC., 2023-2024
Asset manager	For	Vote
Capital Group	87,118,338	For
Vanguard	28,678,718	For
Fidelity	23,833,337	For
T. Rowe Price	19,058,661	For
Morgan Stanley	9,280,531	For
BlackRock	6,840,244	For
Franklin Custodian Funds	5,411,700	For
TIAA	5,148,618	For
AMCAP FUND	5,076,153	For
Virtus	3,488,056	For
Invesco	2,905,401	For
NEW ECONOMY FUND	2,509,847	For
Lord Abbett	2,382,732	For
BNY Mellon	2,101,913	For
Legg Mason	1,744,201	For
Transamerica	1,721,228	For
State Street	1,619,007	For
Artisan	1,501,661	For
Brighthouse	1,450,868	For
Thrivent	1,147,508	For
Equitable	1,111,001	For
Columbia Threadneedle	1,090,073	For
BARON SELECT FUNDS	1,057,156	For
AIG/SunAmerica	905,955	For
First Trust	811,756	For

Showing the 25 largest of 103 asset managers. See all 103 in the interactive database.

15. Approval of Long Term Incentive Plan Resolution approving the third amendment and restatement of Shopify Inc.'s Long Term Incentive Plan and approving all unallocated awards under the Long Term Incentive Plan, as amended, as disclosed in the Management Information Circular for the Meeting.

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 5 wordings of this item as funds reported it.

83% fund support · no official result

FOR 83%AGAINST 17%

The 48 asset managers below cast 83% of the shares they voted on this item FOR (39,177,511 for, 8,066,742 against).

FOR: 39,177,511 (82.9%)AGAINST: 8,066,742 (17.1%)

Largest asset managers voting on “Approval of Long Term Incentive Plan Resolution approving the third amendment and restatement of Shopify Inc.'” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
JPMorgan	18,519,061	0	For
Vanguard	11,980,023	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	0	3,220,046	Against
Jackson National	115,074	2,423,792	Against
Bridge Builder Trust	1,374,101	69,556	For
BAILLIE GIFFORD FUNDS	1,201,135	0	For
TOUCHSTONE FUNDS GROUP TRUST	918,452	0	For
Virtus	0	894,300	Against
John Hancock	0	729,605	Against
Natixis	0	348,643	Against
Brighthouse	199,623	0	For
BBH Trust	177,852	0	For
MARSICO INVESTMENT FUND	149,154	0	For
Advisor Managed Portfolios	0	137,250	Against
AMERICAN BEACON FUNDS	89,281	0	For
HARBOR FUNDS	81,409	0	For
Value Line Larger Companies Focused Fund, Inc.	0	80,000	Against
Gateway Trust	0	52,103	Against
OPTIMUM FUND TRUST	51,171	0	For
Listed Funds Trust	41,664	0	For
VALUE LINE CAPITAL APPRECIATION FUND INC	0	40,000	Against
RIVERPARK FUNDS TRUST	34,895	0	For
Calamos	29,506	0	For
Amplify ETF Trust	0	25,773	Against

Showing the 25 largest of 48 asset managers. See all 48 in the interactive database.

16. Approval of Unallocated Options Under the Stock Option Plan Resolution approving all unallocated options under Shopify Inc.'s Stock Option Plan, as disclosed in the Management Information Circular for the Meeting.

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

85% fund support · no official result

FOR 85%AGAINST 15%

The 45 asset managers below cast 85% of the shares they voted on this item FOR (40,209,021 for, 7,035,090 against).

FOR: 40,209,021 (85.1%)AGAINST: 7,035,090 (14.9%)

Largest asset managers voting on “Approval of Unallocated Options Under the Stock Option Plan Resolution approving all unallocated options under” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
JPMorgan	18,519,061	0	For
Vanguard	11,980,023	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	0	3,220,046	Against
Jackson National	115,074	2,423,792	Against
Bridge Builder Trust	1,374,101	69,556	For
BAILLIE GIFFORD FUNDS	1,201,135	0	For
TOUCHSTONE FUNDS GROUP TRUST	918,452	0	For
Virtus	894,300	0	For
John Hancock	0	729,605	Against
Natixis	0	348,643	Against
Brighthouse	199,623	0	For
BBH Trust	177,852	0	For
MARSICO INVESTMENT FUND	149,154	0	For
Advisor Managed Portfolios	137,250	0	For
AMERICAN BEACON FUNDS	89,281	0	For
HARBOR FUNDS	81,409	0	For
Value Line Larger Companies Focused Fund, Inc.	0	80,000	Against
Gateway Trust	0	52,103	Against
OPTIMUM FUND TRUST	51,171	0	For
Listed Funds Trust	41,664	0	For
VALUE LINE CAPITAL APPRECIATION FUND INC	0	40,000	Against
RIVERPARK FUNDS TRUST	34,895	0	For
Calamos	29,506	0	For
Amplify ETF Trust	0	25,773	Against

Showing the 25 largest of 45 asset managers. See all 45 in the interactive database.

17. Auditor Proposal Resolution approving the re-appointment of PricewaterhouseCoopers LLP as auditors of Shopify Inc. and authorizing the Board of Directors to fix their remuneration.

AUDIT-RELATED

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 44 asset managers below cast 100% of the shares they voted on this item FOR (47,216,268 for, 0 against).

FOR: 47,216,268 (99.9%)ABSTAIN: 25,813 (0.1%)

Largest asset managers voting on “Auditor Proposal Resolution approving the re-appointment of PricewaterhouseCoopers LLP as auditors of Shopify ” at SHOPIFY INC., 2023-2024
Asset manager	For	Abstain	Vote
JPMorgan	18,519,061	0	For
Vanguard	11,980,023	0	For
ARK ETF Trust	4,153,381	0	For
Loomis Sayles	3,220,046	0	For
Jackson National	2,538,866	0	For
Bridge Builder Trust	1,443,657	0	For
BAILLIE GIFFORD FUNDS	1,201,135	0	For
TOUCHSTONE FUNDS GROUP TRUST	918,452	0	For
Virtus	894,300	0	For
John Hancock	729,605	0	For
Natixis	348,643	0	For
Brighthouse	199,623	0	For
BBH Trust	177,852	0	For
MARSICO INVESTMENT FUND	149,154	0	For
Advisor Managed Portfolios	137,250	0	For
AMERICAN BEACON FUNDS	89,281	0	For
HARBOR FUNDS	81,409	0	For
Value Line Larger Companies Focused Fund, Inc.	80,000	0	For
Gateway Trust	52,103	0	For
OPTIMUM FUND TRUST	51,171	0	For
Listed Funds Trust	41,664	0	For
VALUE LINE CAPITAL APPRECIATION FUND INC	40,000	0	For
RIVERPARK FUNDS TRUST	34,895	0	For
Calamos	29,506	0	For
Amplify ETF Trust	0	25,773	Abstain

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

18. Non-binding advisory resolution that the shareholders accept Shopify Inc.'s approach to executive compensation as disclosed in the Management Information Circular for the Meeting.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 7 wordings of this item as funds reported it.

37% fund support · no official result

FOR 37%AGAINST 63%

The 44 asset managers below cast 37% of the shares they voted on this item FOR (879,704 for, 1,504,940 against).

FOR: 879,704 (36.9%)AGAINST: 1,504,940 (63.1%)ABSTAIN: 280 (0.0%)

Largest asset managers voting on “Non-binding advisory resolution that the shareholders accept Shopify Inc.'s approach to executive compensation” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Northern Trust	713,110	653,184	For
Korea Investment CORP	0	340,060	Against
John Hancock	0	206,088	Against
Janney Montgomery Scott LLC	0	163,844	Against
GREEN CENTURY FUNDS	0	54,388	Against
BAILLIE GIFFORD OVERSEAS LTD	53,995	0	For
Listed Funds Trust	46,744	0	For
FINANCIAL COUNSELORS INC	0	31,835	Against
Calamos	28,150	0	For
CARILLON SERIES TRUST	0	20,900	Against
Corient Private Wealth LLC	10,000	0	For
Ultimus Managers Trust	9,436	0	For
SP Funds Trust	9,333	0	For
Allianz	0	8,297	Against
FIRST CITIZENS BANK & TRUST CO	0	4,103	Against
FIRST MERCHANTS CORP	0	3,730	Against
Glenview Trust Co	3,508	0	For
GPS Funds I	0	2,602	Against
Somerset Trust Co	0	1,902	Against
Touchstone ETF Trust	0	1,900	Against
TIMOTHY PLAN	0	1,845	Against
XPONANCE, INC.	1,704	0	For
WILSHIRE MUTUAL FUNDS INC	0	1,500	Against
PINNACLE FINANCIAL PARTNERS INC	0	1,430	Against
FIRST UNITED BANK & TRUST	0	1,385	Against

Showing the 25 largest of 44 asset managers. See all 44 in the interactive database.

19. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.9%

The 28 asset managers below cast 0.1% of the shares they voted on this item FOR (1,304 for, 18,671,603 against).

FOR: 1,304 (0.0%)AGAINST: 18,671,603 (100.0%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
TD ASSET MANAGEMENT INC	0	8,183,201	Against
Vanguard	0	2,359,003	Against
Charles Schwab	0	2,148,760	Against
Hartford	0	1,603,089	Against
Federated Hermes	0	1,534,873	Against
Union Investment Privatfonds GmbH	0	894,507	Against
Global X	0	666,509	Against
Triasima Portfolio Management inc.	0	202,546	Against
Russell Investments	0	196,895	Against
New York Life	0	168,284	Against
LAUDUS TRUST	0	141,447	Against
TCW FUNDS INC	0	140,467	Against
Regime de rentes du Mouvement Desjardins	0	127,987	Against
Brown Capital Management Mutual Funds	0	65,145	Against
SEI	0	57,994	Against
Northern Lights Fund Trust IV	0	57,133	Against
Fidelity	0	49,476	Against
Union Investment Institutional GmbH	0	35,992	Against
MERIDIAN FUND INC	0	11,300	Against
Genus Capital Management Inc.	0	9,874	Against
Brighthouse	0	8,061	Against
VanEck ETF Trust	0	6,346	Against
Select Asset Management & Trust	0	2,000	Against
Edgemoor Investment Advisors, Inc.	1,000	0	For
Principal	0	714	Against

Showing the 25 largest of 28 asset managers. See all 28 in the interactive database.

20. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

15% fund support · no official result

14%AGAINST 78%8%

The 19 asset managers below cast 15% of the shares they voted on this item FOR (22,957 for, 129,707 against).

FOR: 22,957 (13.8%)AGAINST: 129,707 (77.9%)NOT VOTED: 13,940 (8.4%)

Largest asset managers voting on “14A Executive Compensation” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Granite Investment Partners, LLC	0	104,406	Against
SIERRA SUMMIT ADVISORS LLC	0	0	Not Voted
Ultimus Managers Trust	12,000	0	For
River Street Advisors LLC	0	8,427	Against
WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV	0	8,050	Against
Baker Avenue Asset Management, LP	0	7,824	Against
Sculati Wealth Management, LLC	3,740	0	For
BALLAST ADVISORS LLC	2,032	0	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	2,000	0	For
OLD SECOND NATIONAL BANK OF AURORA	1,110	0	For
NICHOLS & PRATT ADVISERS LLP /MA	0	1,000	Against
Lido Advisors, LLC	640	0	For
Penobscot Investment Management Company, Inc.	500	0	For
Waverly Advisors, LLC	400	0	For
TOWNSEND ASSET MANAGEMENT CORP /NC/ /ADV	250	0	For
GYL FINANCIAL SYNERGIES, LLC	210	0	For
GRIMES & COMPANY, INC.	50	0	For
ESL Trust Services, LLC	25	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	--

21. Appointment of Auditor and Authority to Set Fees

AUDIT-RELATED

Meeting held 2024-06-04; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (9,215,496 for, 0 against).

FOR: 9,215,496 (100.0%)

Largest asset managers voting on “Appointment of Auditor and Authority to Set Fees” at SHOPIFY INC., 2023-2024
Asset manager	For	Vote
Vanguard	2,359,003	For
Charles Schwab	2,148,760	For
Hartford	1,603,089	For
Federated Hermes	1,534,873	For
Global X	666,509	For
Russell Investments	196,895	For
New York Life	168,284	For
LAUDUS TRUST	141,447	For
TCW FUNDS INC	140,467	For
Brown Capital Management Mutual Funds	65,145	For
SEI	57,994	For
Northern Lights Fund Trust IV	57,133	For
Fidelity	49,476	For
MERIDIAN FUND INC	11,300	For
Brighthouse	8,061	For
VanEck ETF Trust	6,346	For
Principal	714	For

22. Renewal of Long Term Incentive Plan

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

17% fund support · no official result

FOR 17%AGAINST 83%

The 17 asset managers below cast 17% of the shares they voted on this item FOR (1,534,873 for, 7,680,623 against).

FOR: 1,534,873 (16.7%)AGAINST: 7,680,623 (83.3%)

Largest asset managers voting on “Renewal of Long Term Incentive Plan” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	2,359,003	Against
Charles Schwab	0	2,148,760	Against
Hartford	0	1,603,089	Against
Federated Hermes	1,534,873	0	For
Global X	0	666,509	Against
Russell Investments	0	196,895	Against
New York Life	0	168,284	Against
LAUDUS TRUST	0	141,447	Against
TCW FUNDS INC	0	140,467	Against
Brown Capital Management Mutual Funds	0	65,145	Against
SEI	0	57,994	Against
Northern Lights Fund Trust IV	0	57,133	Against
Fidelity	0	49,476	Against
MERIDIAN FUND INC	0	11,300	Against
Brighthouse	0	8,061	Against
VanEck ETF Trust	0	6,346	Against
Principal	0	714	Against

23. Renewal of Stock Option Plan

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

17% fund support · no official result

FOR 17%AGAINST 83%

The 17 asset managers below cast 17% of the shares they voted on this item FOR (1,534,873 for, 7,680,623 against).

FOR: 1,534,873 (16.7%)AGAINST: 7,680,623 (83.3%)

Largest asset managers voting on “Renewal of Stock Option Plan” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	2,359,003	Against
Charles Schwab	0	2,148,760	Against
Hartford	0	1,603,089	Against
Federated Hermes	1,534,873	0	For
Global X	0	666,509	Against
Russell Investments	0	196,895	Against
New York Life	0	168,284	Against
LAUDUS TRUST	0	141,447	Against
TCW FUNDS INC	0	140,467	Against
Brown Capital Management Mutual Funds	0	65,145	Against
SEI	0	57,994	Against
Northern Lights Fund Trust IV	0	57,133	Against
Fidelity	0	49,476	Against
MERIDIAN FUND INC	0	11,300	Against
Brighthouse	0	8,061	Against
VanEck ETF Trust	0	6,346	Against
Principal	0	714	Against

24. RESOLUTION APPROVING ALL UNALLOCATED OPTIONS UNDER SHOPIFY INC.'S STOCK OPTION PLAN, AS DISCLOSED IN THE MANAGEMENT INFORMATION CIRCULAR FOR THE MEETING.

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

33% fund support · no official result

FOR 33%AGAINST 67%

The 11 asset managers below cast 33% of the shares they voted on this item FOR (119,901 for, 243,132 against).

FOR: 119,901 (33.0%)AGAINST: 243,132 (67.0%)

Largest asset managers voting on “RESOLUTION APPROVING ALL UNALLOCATED OPTIONS UNDER SHOPIFY INC.'S STOCK OPTION PLAN, AS DISCLOSED IN THE MANAG” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
John Hancock	0	206,088	Against
GREEN CENTURY FUNDS	54,388	0	For
Listed Funds Trust	46,744	0	For
CARILLON SERIES TRUST	0	20,900	Against
Ultimus Managers Trust	9,436	0	For
SP Funds Trust	9,333	0	For
Allianz	0	8,297	Against
GPS Funds I	0	2,602	Against
Touchstone ETF Trust	0	1,900	Against
TIMOTHY PLAN	0	1,845	Against
WILSHIRE MUTUAL FUNDS INC	0	1,500	Against

25. RESOLUTION APPROVING THE RE-APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS AUDITORS OF SHOPIFY INC. AND AUTHORIZING THE BOARD OF DIRECTORS TO FIX THEIR REMUNERATION

AUDIT-RELATED

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 85%ABSTAIN 15%

The 11 asset managers below cast 100% of the shares they voted on this item FOR (308,645 for, 0 against).

FOR: 308,645 (85.0%)ABSTAIN: 54,388 (15.0%)

Largest asset managers voting on “RESOLUTION APPROVING THE RE-APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS AUDITORS OF SHOPIFY INC. AND AUTHORIZ” at SHOPIFY INC., 2023-2024
Asset manager	For	Abstain	Vote
John Hancock	206,088	0	For
GREEN CENTURY FUNDS	0	54,388	Abstain
Listed Funds Trust	46,744	0	For
CARILLON SERIES TRUST	20,900	0	For
Ultimus Managers Trust	9,436	0	For
SP Funds Trust	9,333	0	For
Allianz	8,297	0	For
GPS Funds I	2,602	0	For
Touchstone ETF Trust	1,900	0	For
TIMOTHY PLAN	1,845	0	For
WILSHIRE MUTUAL FUNDS INC	1,500	0	For

26. RESOLUTION APPROVING THE THIRD AMENDMENT AND RESTATEMENT OF SHOPIFY INC.'S LONG TERM INCENTIVE PLAN AND APPROVING ALL UNALLOCATED AWARDS UNDER THE LONG TERM INCENTIVE PLAN, AS AMENDED, AS DISCLOSED IN THE MANAGEMENT INFORMATION CIRCULAR FOR THE MEETING

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

33% fund support · no official result

FOR 33%AGAINST 67%

The 11 asset managers below cast 33% of the shares they voted on this item FOR (119,901 for, 243,132 against).

FOR: 119,901 (33.0%)AGAINST: 243,132 (67.0%)

Largest asset managers voting on “RESOLUTION APPROVING THE THIRD AMENDMENT AND RESTATEMENT OF SHOPIFY INC.'S LONG TERM INCENTIVE PLAN AND APPROV” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
John Hancock	0	206,088	Against
GREEN CENTURY FUNDS	54,388	0	For
Listed Funds Trust	46,744	0	For
CARILLON SERIES TRUST	0	20,900	Against
Ultimus Managers Trust	9,436	0	For
SP Funds Trust	9,333	0	For
Allianz	0	8,297	Against
GPS Funds I	0	2,602	Against
Touchstone ETF Trust	0	1,900	Against
TIMOTHY PLAN	0	1,845	Against
WILSHIRE MUTUAL FUNDS INC	0	1,500	Against

27. Election of Director: Tobias L?tke

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 6 asset managers below cast 97% of the shares they voted on this item FOR (2,478,287 for, 69,556 against).

FOR: 2,478,287 (97.3%)AGAINST: 69,556 (2.7%)

Largest asset managers voting on “Election of Director: Tobias L?tke” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Bridge Builder Trust	1,374,101	69,556	For
Virtus	894,300	0	For
Brighthouse	199,623	0	For
MUTUAL FUND SERIES TRUST	9,429	0	For
HOWLAND CAPITAL MANAGEMENT LLC	600	0	For
Berkeley Capital Partners, LLC	234	0	For

28. Advisory Vote on Executive Compensation Proposal

SECTION 14A SAY-ON-PAY VOTESOTHER

Meeting held 2024-06-04; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (3,353 for, 0 against).

FOR: 3,353 (100.0%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Proposal” at SHOPIFY INC., 2023-2024
Asset manager	For	Vote
Pine Valley Investments Ltd Liability Co	3,000	For
Centric Wealth Management	272	For
Fogel Capital Management, Inc.	30	For
Nicollet Investment Management, Inc.	30	For
ShankerValleau Wealth Advisors, Inc.	21	For

29. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2024-06-04; no official results are on file for this meeting.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at SHOPIFY INC., 2023-2024
Asset manager	For	Vote
Ultimus Managers Trust	12,000	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	2,380	For
ESL Trust Services, LLC	25	For
HARBOUR INVESTMENT MANAGEMENT LLC	0	--

30. Miscellaneous Corporate Actions

CORPORATE GOVERNANCE

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 4 asset managers below cast 97% of the shares they voted on this item FOR (14,025 for, 380 against).

FOR: 14,025 (97.4%)AGAINST: 380 (2.6%)

Largest asset managers voting on “Miscellaneous Corporate Actions” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Ultimus Managers Trust	12,000	0	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	2,000	380	For
ESL Trust Services, LLC	25	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	--

31. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2024-06-04; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 4 asset managers below cast 97% of the shares they voted on this item FOR (14,025 for, 380 against).

FOR: 14,025 (97.4%)AGAINST: 380 (2.6%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
Ultimus Managers Trust	12,000	0	For
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC	2,000	380	For
ESL Trust Services, LLC	25	0	For
HARBOUR INVESTMENT MANAGEMENT LLC	0	0	--

32. Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the shareholders accept Shopify Inc.'s approach to executive compensation as disclosed in the Management Information Circular for the Meeting.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-06-17 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

94% fund support · no official result

FOR 94%

The 4 asset managers below cast 94% of the shares they voted on this item FOR (1,443 for, 100 against).

FOR: 1,443 (93.5%)AGAINST: 100 (6.5%)

Largest asset managers voting on “Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the shareholders accept Sh” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Vote
First County Bank /CT/	1,304	0	For
Meixler Investment Management, Ltd.	0	100	Against
Freedom Day Solutions, LLC	80	0	For
Weil Company, Inc.	59	0	For

33. ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-04; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (30,222 for, 0 against).

FOR: 30,222 (100.0%)

Largest asset managers voting on “ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION” at SHOPIFY INC., 2023-2024
Asset manager	For	Vote
GRAND JEAN CAPITAL MANAGEMENT INC	29,700	For
NTV ASSET MANAGEMENT LLC	500	For
Parisi Gray Wealth Management	22	For

34. Amended Long Term Incentive Plan

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-04; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 930,499 against).

AGAINST: 930,499 (100.0%)

Largest asset managers voting on “Amended Long Term Incentive Plan” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Union Investment Privatfonds GmbH	0	894,507	0	0	Against
Union Investment Institutional GmbH	0	35,992	0	0	Against

35. Approval of Unallocated Options and Amendments to Stock Option Plan

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-04; no official results are on file for this meeting.

0% fund support · no official result

AGAINST 100%

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 930,499 against).

AGAINST: 930,499 (100.0%)

Largest asset managers voting on “Approval of Unallocated Options and Amendments to Stock Option Plan” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Union Investment Privatfonds GmbH	0	894,507	0	0	Against
Union Investment Institutional GmbH	0	35,992	0	0	Against

36. Compensation

COMPENSATION

Meeting held 2024-06-04; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (581 for, 0 against).

FOR: 581 (100.0%)

Largest asset managers voting on “Compensation” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	481	0	0	0	For
Capital Group	100	0	0	0	For

37. Executive Salary

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-06-04; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (595 for, 0 against).

FOR: 595 (100.0%)

Largest asset managers voting on “Executive Salary” at SHOPIFY INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Bell & Brown Wealth Advisors, LLC	570	0	0	0	For
WESPAC Advisors SoCal, LLC	25	0	0	0	For

Largest SHOPIFY INC. shareholders voting in 2023-2024

Ranked by the number of SHOPIFY INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting.

Top SHOPIFY INC. shareholders by shares voted, 2023-2024
#	Asset manager	Shares voted
1	BAILLIE GIFFORD OVERSEAS LTD	21,015,620
2	JPMorgan	20,168,454
3	BAILLIE GIFFORD & CO LTD	14,462,293
4	Vanguard	11,981,043
5	ARK ETF Trust	4,153,381
6	Loomis Sayles	3,220,046
7	Ashe Capital Management, LP	2,802,195
8	JARISLOWSKY, FRASER Ltd	2,547,070
9	Jackson National	2,538,866
10	Northern Trust	1,726,646

Shown as share counts, not percentages: no shares-outstanding figure has been matched to SHOPIFY INC. for the 2023-2024 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At SHOPIFY INC.'s shareholder meeting held 2024-06-04, in the 2023-2024 proxy season, 672 asset managers reported how they voted in their SEC Form N-PX filings, covering 8,422 separate fund positions. Their filings are grouped here into 37 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Advisory Vote on Executive Compensation Proposal Non- binding advisory resolution that the… — the reporting funds cast 86% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

SHOPIFY INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.