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Shopify Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Shopify Inc.’s Form 8-K, filed 2026-06-16 (Item 5.07 on EDGAR). Page generated 02 October 2026.

33Reported items
929Asset managers
11,061Fund votes
2026-06-16Meeting date

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

Explore Shopify Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Shopify Inc.

These tallies are Shopify Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-06-16 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Shopify Inc. — official shareholder meeting results, meeting held 2026-06-16
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Tobias Lütke	1,657,446,737	38,629,744	--	--	76,273,736	Majority: yes
Elect Director: Lulu Cheng Meservey	1,691,141,695	4,934,787	--	--	76,273,736	Majority: yes
Elect Director: Jeanne DeWitt Grosser	1,684,061,536	12,014,945	--	--	76,273,736	Majority: yes
Elect Director: David Heinemeier Hansson	1,691,045,519	5,030,963	--	--	76,273,736	Majority: yes
Elect Director: Jeremy Levine	1,665,712,404	30,364,079	--	--	76,273,736	Majority: yes
Elect Director: Prashanth Mahendra-Rajah	1,687,117,698	8,958,784	--	--	76,273,736	Majority: yes
Elect Director: Joseph Natale	1,534,092,144	161,984,336	--	--	76,273,736	Majority: yes
Elect Director: Kevin Scott	1,692,124,196	3,952,285	--	--	76,273,736	Majority: yes
Elect Director: Toby Shannan	1,692,107,202	3,969,280	--	--	76,273,736	Majority: yes
Elect Director: Fidji Simo	1,639,426,472	56,649,985	--	--	76,273,736	Majority: yes
Proposal 2: Appointment of Independent Registered Public Accounting Firm The shareholders approved the appointment of PricewaterhouseCoopers LLP as auditors of the Company until the close of the Company's next annual meeting of shareholders at such remuneratio	1,762,083,817	--	--	10,266,401	--	Majority: yes
Shareholder Proposal A shareholder proposal regarding an artificial intelligence policy was not approved.	235,153,526	1,460,922,955	--	--	76,273,736	Majority: no

Source: Shopify Inc., Form 8-K, filed with the SEC on 2026-06-16 — read the filing on EDGAR.

How asset managers voted at the Shopify Inc. 2025-2026 meeting

Each item below shows how the 929 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. 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 2026-06-16.

Combines 9 wordings of this item as funds reported it.

59% fund support · no official result

FOR 59%AGAINST 41%

The 712 asset managers below cast 59% of the shares they voted on this item FOR (128,349,515 for, 89,144,717 against).

FOR: 128,349,515 (58.9%)AGAINST: 89,144,717 (40.9%)NOT VOTED: 250,017 (0.1%)UNKNOWN: 9,193 (0.0%)

Largest asset managers voting on “Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the shareholders accept Sh” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
BlackRock	43,053,263	4,982,466	For
JENNISON ASSOCIATES LLC	0	13,738,322	Against
Vanguard	7,090,685	4,962,994	For
BAILLIE GIFFORD OVERSEAS LTD	11,487,439	0	For
MACKENZIE FINANCIAL CORP	0	9,699,992	Against
JPMorgan	8,128,782	0	For
Wellington	0	7,489,005	Against
BAILLIE GIFFORD & CO LTD	6,598,118	0	For
1832 Asset Management L.P.	2,709,462	3,563,057	Against
Charles Schwab	5,606,701	0	For
CI INVESTMENTS INC.	4,348,239	0	For
ARK ETF Trust	3,696,885	0	For
Loomis Sayles	0	3,666,495	Against
Prudential/PGIM	20,470	3,497,616	Against
EDGEWOOD MANAGEMENT LLC	3,280,703	0	For
HARBOR FUNDS	0	2,637,656	Against
Jackson National	1,038,342	1,378,283	Against
ADVISORS' INNER CIRCLE FUND	2,304,510	0	For
Natixis	731,403	1,502,123	Against
BAILLIE GIFFORD & CO	2,172,114	0	For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	0	2,063,578	Against
Alberta Investment Management Corp	0	2,015,737	Against
Northern Trust	1,948,156	0	For
WELLS FARGO CLEARING SERVICES, LLC	1,865,223	0	For
Bridge Builder Trust	747,657	1,002,652	Against

Showing the 25 largest of 712 asset managers. See all 712 in the interactive database.

2. 1E Election of Director: David Heinemeier Hansson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 3 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 1,691,045,519AGAINST: 5,030,963

Shopify Inc.’s own tally for this item (“Elect Director: David Heinemeier Hansson”): 1,691,045,519 for, 5,030,963 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 99.9% of the shares they voted on this item FOR (317,097,246 for, 83,050 against).

FOR 99.9%

FOR: 317,097,246 (100.0%)AGAINST: 83,050 (0.0%)

Largest asset managers voting on “1E Election of Director: David Heinemeier Hansson” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Vanguard	45,962,161	For
Fidelity	40,046,587	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	8,024,922	For
JPMorgan	7,829,485	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
ARK ETF Trust	3,696,885	For
Loomis Sayles	3,666,495	For
MFS	3,550,435	For
Prudential/PGIM	3,535,780	For
Charles Schwab	2,799,937	For
HARBOR FUNDS	2,637,656	For
Morgan Stanley	2,588,037	For
ADVISORS' INNER CIRCLE FUND	2,539,618	For
JANUS INVESTMENT FUND	2,531,894	For
Jackson National	2,416,625	For
State Street	2,179,310	For
Victory Capital	1,776,297	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

3. 1J Election of Director: Fidji Simo

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 1,639,426,472AGAINST: 56,649,985

Shopify Inc.’s own tally for this item (“Elect Director: Fidji Simo”): 1,639,426,472 for, 56,649,985 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 98% of the shares they voted on this item FOR (309,630,180 for, 7,453,985 against).

FOR 98%

FOR: 309,630,180 (97.6%)AGAINST: 7,453,985 (2.4%)

Largest asset managers voting on “1J Election of Director: Fidji Simo” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
Capital Group	68,483,549	0	For
Vanguard	42,452,704	3,509,457	For
Fidelity	39,987,863	58,724	For
Invesco	33,574,252	0	For
T. Rowe Price	11,037,384	0	For
BlackRock	8,024,922	0	For
JPMorgan	7,829,485	0	For
INVESTMENT CO OF AMERICA	5,231,071	0	For
EUPAC FUND	4,843,102	0	For
TIAA	4,820,017	0	For
Franklin Custodian Funds	4,654,269	0	For
BARON SELECT FUNDS	3,986,884	0	For
NEW ECONOMY FUND	3,785,136	0	For
ARK ETF Trust	3,696,885	0	For
Loomis Sayles	3,666,495	0	For
MFS	3,550,435	0	For
Prudential/PGIM	3,535,780	0	For
Charles Schwab	2,799,937	0	For
HARBOR FUNDS	2,637,656	0	For
Morgan Stanley	2,588,037	0	For
ADVISORS' INNER CIRCLE FUND	2,539,618	0	For
JANUS INVESTMENT FUND	2,531,894	0	For
Jackson National	2,416,625	0	For
State Street	2,179,310	0	For
Victory Capital	1,746,146	30,151	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

4. 1D Election of Director: Jeanne DeWitt Grosser

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 4 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%

FOR: 1,684,061,536AGAINST: 12,014,945

Shopify Inc.’s own tally for this item (“Elect Director: Jeanne DeWitt Grosser”): 1,684,061,536 for, 12,014,945 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 99.9% of the shares they voted on this item FOR (317,097,246 for, 83,050 against).

FOR 99.9%

FOR: 317,097,246 (100.0%)AGAINST: 83,050 (0.0%)

Largest asset managers voting on “1D Election of Director: Jeanne DeWitt Grosser” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Vanguard	45,962,161	For
Fidelity	40,046,587	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	8,024,922	For
JPMorgan	7,829,485	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
ARK ETF Trust	3,696,885	For
Loomis Sayles	3,666,495	For
MFS	3,550,435	For
Prudential/PGIM	3,535,780	For
Charles Schwab	2,799,937	For
HARBOR FUNDS	2,637,656	For
Morgan Stanley	2,588,037	For
ADVISORS' INNER CIRCLE FUND	2,539,618	For
JANUS INVESTMENT FUND	2,531,894	For
Jackson National	2,416,625	For
State Street	2,179,310	For
Victory Capital	1,776,297	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

5. 1F Election of Director: Jeremy Levine

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 1,665,712,404AGAINST: 30,364,079

Shopify Inc.’s own tally for this item (“Elect Director: Jeremy Levine”): 1,665,712,404 for, 30,364,079 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 99.0% of the shares they voted on this item FOR (314,048,107 for, 3,132,189 against).

FOR 99.0%

FOR: 314,048,107 (99.0%)AGAINST: 3,132,189 (1.0%)

Largest asset managers voting on “1F Election of Director: Jeremy Levine” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Vanguard	45,962,161	For
Fidelity	40,046,587	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	8,024,922	For
JPMorgan	7,829,485	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
ARK ETF Trust	3,696,885	For
Loomis Sayles	3,666,495	For
MFS	3,550,435	For
Prudential/PGIM	3,535,780	For
Charles Schwab	2,799,937	For
HARBOR FUNDS	2,637,656	For
Morgan Stanley	2,588,037	For
ADVISORS' INNER CIRCLE FUND	2,539,618	For
JANUS INVESTMENT FUND	2,531,894	For
Jackson National	2,416,625	For
State Street	2,179,310	For
Victory Capital	1,776,297	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

6. ELECT DIRECTOR JOSEPH (JOE) NATALE

OTHERMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%

FOR: 1,534,092,144AGAINST: 161,984,336

Shopify Inc.’s own tally for this item (“Elect Director: Joseph Natale”): 1,534,092,144 for, 161,984,336 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 93% of the shares they voted on this item FOR (295,059,195 for, 22,121,101 against).

FOR 93%

FOR: 295,059,195 (93.0%)AGAINST: 22,121,101 (7.0%)

Largest asset managers voting on “ELECT DIRECTOR JOSEPH (JOE) NATALE” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
Capital Group	68,483,549	0	For
Vanguard	42,452,704	3,509,457	For
Fidelity	29,055,210	10,991,377	For
Invesco	33,574,252	0	For
T. Rowe Price	11,037,384	0	For
BlackRock	8,024,922	0	For
JPMorgan	7,829,485	0	For
INVESTMENT CO OF AMERICA	5,231,071	0	For
EUPAC FUND	4,843,102	0	For
TIAA	4,820,017	0	For
Franklin Custodian Funds	4,654,269	0	For
BARON SELECT FUNDS	3,986,884	0	For
NEW ECONOMY FUND	3,785,136	0	For
ARK ETF Trust	3,696,885	0	For
Loomis Sayles	3,666,495	0	For
MFS	3,550,435	0	For
Prudential/PGIM	3,535,780	0	For
Charles Schwab	2,799,937	0	For
HARBOR FUNDS	2,637,656	0	For
Morgan Stanley	2,570,086	17,951	For
ADVISORS' INNER CIRCLE FUND	2,539,618	0	For
JANUS INVESTMENT FUND	2,531,894	0	For
Jackson National	2,414,755	1,870	For
State Street	2,179,310	0	For
Victory Capital	1,746,146	30,151	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

7. 1H Election of Director: Kevin Scott

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 5 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 1,692,124,196AGAINST: 3,952,285

Shopify Inc.’s own tally for this item (“Elect Director: Kevin Scott”): 1,692,124,196 for, 3,952,285 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 99.9% of the shares they voted on this item FOR (317,001,315 for, 82,850 against).

FOR 99.9%

FOR: 317,001,315 (100.0%)AGAINST: 82,850 (0.0%)

Largest asset managers voting on “1H Election of Director: Kevin Scott” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Vanguard	45,962,161	For
Fidelity	40,046,587	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	8,024,922	For
JPMorgan	7,829,485	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
ARK ETF Trust	3,696,885	For
Loomis Sayles	3,666,495	For
MFS	3,550,435	For
Prudential/PGIM	3,535,780	For
Charles Schwab	2,799,937	For
HARBOR FUNDS	2,637,656	For
Morgan Stanley	2,588,037	For
ADVISORS' INNER CIRCLE FUND	2,539,618	For
JANUS INVESTMENT FUND	2,531,894	For
Jackson National	2,416,625	For
State Street	2,179,310	For
Victory Capital	1,776,297	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

8. 1C Election of Director: Lulu Cheng Meservey

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 3 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 1,691,141,695AGAINST: 4,934,787

Shopify Inc.’s own tally for this item (“Elect Director: Lulu Cheng Meservey”): 1,691,141,695 for, 4,934,787 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 99.9% of the shares they voted on this item FOR (317,097,446 for, 82,850 against).

FOR 99.9%

FOR: 317,097,446 (100.0%)AGAINST: 82,850 (0.0%)

Largest asset managers voting on “1C Election of Director: Lulu Cheng Meservey” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Vanguard	45,962,161	For
Fidelity	40,046,587	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	8,024,922	For
JPMorgan	7,829,485	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
ARK ETF Trust	3,696,885	For
Loomis Sayles	3,666,495	For
MFS	3,550,435	For
Prudential/PGIM	3,535,780	For
Charles Schwab	2,799,937	For
HARBOR FUNDS	2,637,656	For
Morgan Stanley	2,588,037	For
ADVISORS' INNER CIRCLE FUND	2,539,618	For
JANUS INVESTMENT FUND	2,531,894	For
Jackson National	2,416,625	For
State Street	2,179,310	For
Victory Capital	1,776,297	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

9. 1G Election of Director: Prashanth Mahendra-Rajah

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 4 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 1,687,117,698AGAINST: 8,958,784

Shopify Inc.’s own tally for this item (“Elect Director: Prashanth Mahendra-Rajah”): 1,687,117,698 for, 8,958,784 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 99.9% of the shares they voted on this item FOR (316,901,823 for, 182,342 against).

FOR 99.9%

FOR: 316,901,823 (99.9%)AGAINST: 182,342 (0.1%)

Largest asset managers voting on “1G Election of Director: Prashanth Mahendra-Rajah” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Vanguard	45,962,161	For
Fidelity	40,046,587	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	8,024,922	For
JPMorgan	7,829,485	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
ARK ETF Trust	3,696,885	For
Loomis Sayles	3,666,495	For
MFS	3,550,435	For
Prudential/PGIM	3,535,780	For
Charles Schwab	2,799,937	For
HARBOR FUNDS	2,637,656	For
Morgan Stanley	2,588,037	For
ADVISORS' INNER CIRCLE FUND	2,539,618	For
JANUS INVESTMENT FUND	2,531,894	For
Jackson National	2,416,625	For
State Street	2,179,310	For
Victory Capital	1,776,297	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

10. 1I Election of Director: Toby Shannan

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 3 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 1,692,107,202AGAINST: 3,969,280

Shopify Inc.’s own tally for this item (“Elect Director: Toby Shannan”): 1,692,107,202 for, 3,969,280 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 199 asset managers below cast 99.9% of the shares they voted on this item FOR (317,001,315 for, 82,850 against).

FOR 99.9%

FOR: 317,001,315 (100.0%)AGAINST: 82,850 (0.0%)

Largest asset managers voting on “1I Election of Director: Toby Shannan” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Vanguard	45,962,161	For
Fidelity	40,046,587	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	8,024,922	For
JPMorgan	7,829,485	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
ARK ETF Trust	3,696,885	For
Loomis Sayles	3,666,495	For
MFS	3,550,435	For
Prudential/PGIM	3,535,780	For
Charles Schwab	2,799,937	For
HARBOR FUNDS	2,637,656	For
Morgan Stanley	2,588,037	For
ADVISORS' INNER CIRCLE FUND	2,539,618	For
JANUS INVESTMENT FUND	2,531,894	For
Jackson National	2,416,625	For
State Street	2,179,310	For
Victory Capital	1,776,297	For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

11. 1A Election of Director: Tobias Lutke

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 1,657,446,737AGAINST: 38,629,744

Shopify Inc.’s own tally for this item (“Elect Director: Tobias Lütke”): 1,657,446,737 for, 38,629,744 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 182 asset managers below cast 99.9% of the shares they voted on this item FOR (314,120,835 for, 142,425 against).

FOR 99.9%

FOR: 314,120,835 (100.0%)AGAINST: 142,425 (0.0%)

Largest asset managers voting on “1A Election of Director: Tobias Lutke” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Vanguard	45,962,161	For
Fidelity	40,046,587	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	8,024,922	For
JPMorgan	7,829,485	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
ARK ETF Trust	3,696,885	For
Loomis Sayles	3,666,495	For
MFS	3,550,435	For
Prudential/PGIM	3,535,780	For
Charles Schwab	2,799,937	For
HARBOR FUNDS	2,637,656	For
Morgan Stanley	2,588,037	For
JANUS INVESTMENT FUND	2,531,894	For
Jackson National	2,416,625	For
State Street	2,179,310	For
Victory Capital	1,776,297	For
Bridge Builder Trust	1,750,309	For

Showing the 25 largest of 182 asset managers. See all 182 in the interactive database.

12. ADVISORY VOTE ON EXECUTIVE COMPENSATION APPROACH

OTHER

Meeting held 2026-06-16.

51.9% fund support · no official result

FOR 51.9%AGAINST 48.1%

The 144 asset managers below cast 51.9% of the shares they voted on this item FOR (141,077,487 for, 130,549,980 against).

FOR: 141,077,487 (51.9%)AGAINST: 130,549,980 (48.1%)UNKNOWN: 6,120 (0.0%)

Largest asset managers voting on “ADVISORY VOTE ON EXECUTIVE COMPENSATION APPROACH” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
Capital Group	0	68,483,549	Against
Fidelity	39,717,462	270,401	For
Vanguard	33,909,498	0	For
Invesco	1,490	33,572,762	Against
T. Rowe Price	11,037,384	0	For
BlackRock	9,384,902	957,267	For
INVESTMENT CO OF AMERICA	0	5,231,071	Against
EUPAC FUND	0	4,843,102	Against
TIAA	4,820,017	0	For
Franklin Custodian Funds	4,654,269	0	For
BARON SELECT FUNDS	0	3,986,884	Against
NEW ECONOMY FUND	0	3,785,136	Against
MFS	3,550,435	0	For
APG Asset Management US Inc.	2,877,874	0	For
Morgan Stanley	2,564,709	23,328	For
JANUS INVESTMENT FUND	2,531,894	0	For
State Street	2,179,310	0	For
NORDEA INVESTMENT MANAGEMENT AB	0	1,985,643	Against
Victory Capital	1,490,162	255,984	For
AMCAP FUND	0	1,550,013	Against
New York Life	1,510,223	0	For
AB LARGE CAP GROWTH FUND INC	0	1,478,333	Against
ProShares	1,448,246	0	For
Thrivent	1,206,199	0	For
Legg Mason	1,168,175	0	For

Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.

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

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 4 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 1,762,083,817WITHHELD: 10,266,401

Shopify Inc.’s own tally for this item (“Proposal 2: Appointment of Independent Registered Public Accounting Firm The shareholders approved the appointment of PricewaterhouseCoopers LLP as auditors of the Company until the close of the Company's next annual mee”): 1,762,083,817 for, 10,266,401 withheld, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 128 asset managers below cast 100% of the shares they voted on this item FOR (261,812,263 for, 0 against).

FOR 99.9%

FOR: 261,812,263 (99.9%)ABSTAIN: 174,950 (0.1%)

Largest asset managers voting on “Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Capital Group	68,483,549	For
Fidelity	39,987,863	For
Vanguard	33,909,498	For
Invesco	33,574,252	For
T. Rowe Price	11,037,384	For
BlackRock	6,304,094	For
INVESTMENT CO OF AMERICA	5,231,071	For
EUPAC FUND	4,843,102	For
TIAA	4,820,017	For
Franklin Custodian Funds	4,654,269	For
BARON SELECT FUNDS	3,986,884	For
NEW ECONOMY FUND	3,785,136	For
MFS	3,550,435	For
Morgan Stanley	2,588,037	For
JANUS INVESTMENT FUND	2,531,894	For
State Street	2,179,310	For
Victory Capital	1,746,146	For
AMCAP FUND	1,550,013	For
New York Life	1,510,223	For
AB LARGE CAP GROWTH FUND INC	1,478,333	For
ProShares	1,448,246	For
Thrivent	1,206,199	For
Legg Mason	1,168,175	For
Equitable	1,024,985	For
FundVantage Trust	1,011,109	For

Showing the 25 largest of 128 asset managers. See all 128 in the interactive database.

14. Adopt a Policy on Responsible Use of Artificial Intelligence ("AI") in the Company's Business and Operations

OTHER SOCIAL ISSUES

Meeting held 2026-06-16.

Combines 2 wordings of this item as funds reported it.

15% fund support · no official result

FOR 15%AGAINST 85%

The 112 asset managers below cast 15% of the shares they voted on this item FOR (39,520,598 for, 215,457,348 against).

FOR: 39,520,598 (15.5%)AGAINST: 215,457,348 (84.5%)

Largest asset managers voting on “Adopt a Policy on Responsible Use of Artificial Intelligence ("AI") in the Company's Business and Operations” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
Capital Group	26,209,869	42,273,680	Against
Fidelity	0	39,987,863	Against
Vanguard	0	33,909,498	Against
Invesco	0	33,574,252	Against
T. Rowe Price	0	11,037,384	Against
INVESTMENT CO OF AMERICA	0	5,231,071	Against
EUPAC FUND	849,722	3,993,380	Against
TIAA	4,820,017	0	For
Franklin Custodian Funds	0	4,654,269	Against
BARON SELECT FUNDS	0	3,986,884	Against
NEW ECONOMY FUND	3,785,136	0	For
MFS	0	3,550,435	Against
Morgan Stanley	23,328	2,564,709	Against
JANUS INVESTMENT FUND	0	2,531,894	Against
State Street	0	2,179,310	Against
Victory Capital	0	1,746,146	Against
AMCAP FUND	0	1,550,013	Against
New York Life	0	1,510,223	Against
AB LARGE CAP GROWTH FUND INC	1,478,333	0	For
ProShares	0	1,448,246	Against
Thrivent	0	1,206,199	Against
Legg Mason	0	1,168,175	Against
Equitable	45,809	979,176	Against
FundVantage Trust	0	1,011,109	Against
First Trust	0	1,003,759	Against

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

15. Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular for the Meeting.

OTHER SOCIAL ISSUES

Meeting held 2026-06-16.

Combines 2 wordings of this item as funds reported it.

22% fund support · no official result

FOR 22%AGAINST 78%

The 94 asset managers below cast 22% of the shares they voted on this item FOR (12,174,115 for, 42,922,471 against).

FOR: 12,174,115 (22.1%)AGAINST: 42,922,471 (77.9%)UNKNOWN: 2,129 (0.0%)

Largest asset managers voting on “Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular for” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	3,509,457	8,543,206	Against
JPMorgan	0	7,829,485	Against
ARK ETF Trust	0	3,696,885	Against
Loomis Sayles	0	3,666,495	Against
Prudential/PGIM	0	3,485,121	Against
Charles Schwab	2,799,937	0	For
HARBOR FUNDS	0	2,637,656	Against
Jackson National	264,807	2,151,818	Against
ADVISORS' INNER CIRCLE FUND	0	2,304,510	Against
Bridge Builder Trust	431,540	1,318,769	Against
BlackRock	0	1,720,828	Against
Global X	1,525,791	0	For
Federated Hermes	0	847,395	Against
BAILLIE GIFFORD FUNDS	0	775,996	Against
NEOS ETF Trust	722,792	0	For
TOUCHSTONE FUNDS GROUP TRUST	0	715,007	Against
Brighthouse	5,733	680,980	Against
Hartford	645,786	0	For
Brown Advisory Funds	0	628,466	Against
John Hancock	0	534,430	Against
Transamerica	500,841	1,120	For
Natixis	138,214	282,429	Against
Neuberger Berman	246,372	0	For
Wedbush Series Trust	235,464	0	For
Russell Investments	175,205	0	For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

16. Auditor Proposal Resolution approving the reappointment of PricewaterhouseCoopers LLP as auditors of Shopify Inc. and authorizing the Board of Directors to fix their remuneration.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 2 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 1,762,083,817WITHHELD: 10,266,401

The 92 asset managers below cast 100% of the shares they voted on this item FOR (55,044,545 for, 0 against).

FOR 99.9%

FOR: 55,044,545 (99.9%)ABSTAIN: 51,071 (0.1%)

Largest asset managers voting on “Auditor Proposal Resolution approving the reappointment of PricewaterhouseCoopers LLP as auditors of Shopify I” at Shopify Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	12,052,663	0	For
JPMorgan	7,829,485	0	For
ARK ETF Trust	3,696,885	0	For
Loomis Sayles	3,666,495	0	For
Prudential/PGIM	3,490,061	0	For
Charles Schwab	2,799,937	0	For
HARBOR FUNDS	2,637,656	0	For
Jackson National	2,416,625	0	For
ADVISORS' INNER CIRCLE FUND	2,304,510	0	For
Bridge Builder Trust	1,750,309	0	For
BlackRock	1,720,828	0	For
Global X	1,525,791	0	For
Federated Hermes	847,395	0	For
BAILLIE GIFFORD FUNDS	775,996	0	For
NEOS ETF Trust	722,792	0	For
TOUCHSTONE FUNDS GROUP TRUST	715,007	0	For
Brighthouse	635,642	51,071	For
Hartford	645,786	0	For
Brown Advisory Funds	628,466	0	For
John Hancock	534,430	0	For
Transamerica	501,961	0	For
Natixis	420,643	0	For
Neuberger Berman	246,372	0	For
Wedbush Series Trust	235,464	0	For
Russell Investments	175,205	0	For

Showing the 25 largest of 92 asset managers. See all 92 in the interactive database.

17. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-16.

91% fund support · no official result

FOR 91%9%

The 21 asset managers below cast 91% of the shares they voted on this item FOR (1,362,605 for, 140,423 against).

FOR: 1,362,605 (90.7%)AGAINST: 140,423 (9.3%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
TD Waterhouse Canada Inc.	1,224,038	0	For
LOUISBOURG INVESTMENTS INC.	0	108,894	Against
Insight Holdings Group, LLC	91,210	0	For
Osmosis Investment Management UK Ltd	32,456	0	For
Purpose Unlimited Inc.	0	12,905	Against
Triton Financial Group Inc	9,851	0	For
Union Investment Management GmbH	0	9,230	Against
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	0	8,191	Against
Select Asset Management & Trust	2,000	0	For
Coyle Financial Counsel LLC	1,245	0	For
Edgemoor Investment Advisors, Inc.	1,000	0	For
Westbourne Investment Advisors, Inc.	725	0	For
Paradice Investment Management LLC	0	475	Against
Northern Lights Fund Trust IV	0	334	Against
Hanson & Doremus Investment Management	0	214	Against
Paradice Investment Management Pty Ltd	0	114	Against
WJ Interests, LLC	77	0	For
PACE SELECT ADVISORS TRUST	0	66	Against
Convergence Investment Partners, LLC	3	0	For
Torrey Growth & Income Advisors	0	0	--
Trivant Custom Portfolio Group, LLC	0	0	--

18. 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 2026-06-16.

Combines 5 wordings of this item as funds reported it.

72% fund support · no official result

FOR 72%AGAINST 28%

The 20 asset managers below cast 72% of the shares they voted on this item FOR (674,099 for, 260,114 against).

FOR: 674,099 (72.2%)AGAINST: 260,114 (27.8%)

Largest asset managers voting on “Non-binding advisory vote that the shareholders accept Shopify Inc.'s approach to executive compensation as di” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
Fiera Capital Corp	602,396	0	For
Janney Montgomery Scott LLC	0	254,081	Against
Gavilan Investment Partners LLC	30,000	0	For
NewGen Asset Management Ltd	18,700	0	For
X-Square Balanced Fund, LLC	7,082	0	For
Broadleaf Partners, LLC	7,047	0	For
LADENBURG THALMANN ASSET MANAGEMENT	4,627	0	For
Hudson Value Partners, LLC	0	4,000	Against
LCM Capital Management Inc	0	1,855	Against
Atlas U.S. Tactical Income Fund	957	0	For
Prairiewood Capital, LLC	914	0	For
Alpha Omega Wealth Management LLC	797	0	For
Tacita Capital Inc	611	0	For
Ascension Capital Advisors, Inc.	426	0	For
Delaney Capital Management Ltd.	0	178	Against
GLYNN CAPITAL MANAGEMENT LLC	170	0	For
Prodigy Asset Management LLC	150	0	For
Paulson Wealth Management Inc.	112	0	For
Baron Financial Group, LLC	100	0	For
Blueprint Financial Advisors LLC	10	0	For

19. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-16.

91% fund support · no official result

FOR 91%9%

The 17 asset managers below cast 91% of the shares they voted on this item FOR (1,568,825 for, 150,079 against).

FOR: 1,568,825 (91.3%)AGAINST: 150,079 (8.7%)ABSTAIN: 25 (0.0%)

Largest asset managers voting on “14A Executive Compensation” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Ashe Capital Management, LP	1,542,738	0	0	For
Baker Avenue Asset Management, LP	0	135,395	0	Against
Stony Point Capital LLC	15,206	0	0	For
River Street Advisors LLC	0	8,699	0	Against
Claret Asset Management Corp	5,537	0	0	For
KTF INVESTMENTS, LLC	0	5,100	0	Against
Evolutionary Tree Capital Management, LLC	1,524	0	0	For
Bell & Brown Wealth Advisors, LLC	1,195	0	0	For
OLD SECOND NATIONAL BANK OF AURORA	1,110	0	0	For
PRENTISS SMITH & CO INC	0	885	0	Against
PEDDOCK CAPITAL ADVISORS, LLC	663	0	0	For
Blue Edge Capital, LLC	648	0	0	For
COURIER CAPITAL LLC	160	0	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	25	Abstain
Moisand Fitzgerald Tamayo, LLC	23	0	0	For
McGowan Group Asset Management, Inc.	20	0	0	For
Williamson Legacy Group, LLC	1	0	0	For

20. 1A Election of Director: Tobias L¿tke

DIRECTOR ELECTIONS

Meeting held 2026-06-16.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 17 asset managers below cast 100% of the shares they voted on this item FOR (2,889,267 for, 0 against).

FOR: 2,889,267 (100.0%)

Largest asset managers voting on “1A Election of Director: Tobias L¿tke” at Shopify Inc., 2025-2026
Asset manager	For	Vote
ADVISORS' INNER CIRCLE FUND	2,304,510	For
Brighthouse	337,786	For
Advisors' Inner Circle Fund II	58,988	For
Guardian Variable Products Trust	45,548	For
Value Line Larger Companies Focused Fund, Inc.	43,000	For
CLEARWATER INVESTMENT TRUST	36,936	For
VALUE LINE CAPITAL APPRECIATION FUND INC	25,000	For
RIVERPARK FUNDS TRUST	18,347	For
Chesapeake Investment Trust	7,261	For
FINANCIAL INVESTORS TRUST	4,053	For
RBB FUND, INC.	3,733	For
MSS Series Trust	2,500	For
Atlas U.S. Tactical Income Fund	957	For
Northern Lights Fund Trust IV	334	For
NORTHERN LIGHTS FUND TRUST II	200	For
Morningstar Funds Trust	104	For
BERKSHIRE FUNDS	10	For

21. PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: ADOPT A POLICY ON RESPONSIBLE USE OF ARTIFICIAL INTELLIGENCE ("AI") IN THE COMPANY'S BUSINESS AND OPERATIONS

CORPORATE GOVERNANCEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2026-06-16.

Combines 3 wordings of this item as funds reported it.

14% Majority: no · of votes cast

14%AGAINST 86%

FOR: 235,153,526AGAINST: 1,460,922,955

Shopify Inc.’s own tally for this item (“Shareholder Proposal A shareholder proposal regarding an artificial intelligence policy was not approved.”): 235,153,526 for, 1,460,922,955 against, per its Form 8-K filed 2026-06-16 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

The 16 asset managers below cast 1% of the shares they voted on this item FOR (76,652 for, 6,932,884 against).

AGAINST 99%

FOR: 76,652 (1.1%)AGAINST: 6,932,884 (98.9%)

Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: ADOPT A POLICY ON RESPONSIBLE USE OF ARTIFICIAL IN” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
BlackRock	0	6,304,094	Against
Six Circles Trust	0	341,562	Against
John Hancock	0	211,218	Against
CARILLON SERIES TRUST	0	47,900	Against
Krane Shares Trust	35,165	0	For
GREEN CENTURY FUNDS	19,779	0	For
SP Funds Trust	0	18,153	Against
Advisors' Inner Circle Fund III	10,600	0	For
Pacer Funds Trust	9,773	0	For
Forethought Variable Insurance Trust	0	4,473	Against
TIMOTHY PLAN	0	3,012	Against
Innovator ETFs Trust	0	2,356	Against
EA Series Trust	935	0	For
Northern Lights Fund Trust IV	334	0	For
Rayliant Funds Trust	0	116	Against
PACE SELECT ADVISORS TRUST	66	0	For

22. Election of Director: Tobias Ltke

DIRECTOR ELECTIONS

Meeting held 2026-06-16.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (16,658 for, 0 against).

FOR: 16,658 (100.0%)

Largest asset managers voting on “Election of Director: Tobias Ltke” at Shopify Inc., 2025-2026
Asset manager	For	Vote
Crewe Advisors LLC	8,606	For
ETF Opportunities Trust	7,584	For
Berkeley Capital Partners, LLC	468	For

23. Say on Pay

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-16.

Combines 2 wordings of this item as funds reported it.

7% fund support · no official result

7%AGAINST 93%

The 3 asset managers below cast 7% of the shares they voted on this item FOR (3,000 for, 37,272 against).

FOR: 3,000 (7.4%)AGAINST: 37,272 (92.6%)

Largest asset managers voting on “Say on Pay” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
Genus Capital Management Inc.	0	37,272	Against
Arista Wealth Management, LLC	3,000	0	For
Empower	0	0	--

24. 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 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

28% fund support · no official result

FOR 28%AGAINST 72%

The 3 asset managers below cast 28% of the shares they voted on this item FOR (1,896 for, 4,930 against).

FOR: 1,896 (27.8%)AGAINST: 4,930 (72.2%)

Largest asset managers voting on “Non-binding Advisory Vote on Executive Compensation Non-binding advisory vote that the shareholders accept Sho” at Shopify Inc., 2025-2026
Asset manager	For	Against	Vote
FIRST UNITED BANK & TRUST	0	4,930	Against
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC	1,396	0	For
Philip James Wealth Mangement, LLC	500	0	For

25. 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

Reported under meeting date 2026-06-12; no official results on file for that date.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,604 for, 0 against).

FOR: 1,604 (100.0%)

Largest asset managers voting on “Non-binding advisory vote that the shareholders accept Shopify Inc.'s approach to executive compensation as di” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Foster Victor Wealth Advisors, LLC	1,354	0	0	0	For
Trellis Wealth Advisors LLC	250	0	0	0	For

26. Appointment of Auditor and Authority to Set Fees

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-06-16.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 1,762,083,817WITHHELD: 10,266,401

The 2 asset managers below cast 100% of the shares they voted on this item FOR (400 for, 0 against).

FOR 100%

FOR: 400 (100.0%)

Largest asset managers voting on “Appointment of Auditor and Authority to Set Fees” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Northern Lights Fund Trust IV	334	0	0	0	For
PACE SELECT ADVISORS TRUST	66	0	0	0	For

27. Advisory vote to approve named executive officer compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-16.

100% fund support · no official result

13%ABSTAIN 87%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (639 for, 0 against).

FOR: 639 (13.3%)ABSTAIN: 4,152 (86.7%)

Largest asset managers voting on “Advisory vote to approve named executive officer compensation” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
LATHROP INVESTMENT MANAGEMENT CO	0	0	4,152	0	Abstain
Blueprint Investment Partners LLC	639	0	0	0	For

28. Non-binding advisory vote that the shareholders accept Shopify's approach to executive compensation as disclosed in Management's Information Circular to the Meeting

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-16.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (580 for, 0 against).

FOR: 580 (100.0%)

Largest asset managers voting on “Non-binding advisory vote that the shareholders accept Shopify's approach to executive compensation as disclos” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
River Wealth Advisors LLC	540	0	0	0	For
Generation Capital Management LLC	40	0	0	0	For

29. Resolution approving the reappointment of PricewaterhouseCoopers LLP as auditors of Shopify Inc. and authorizing the Board of Directors to fix their remuneration

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-06-16.

Combines 2 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%

FOR: 1,762,083,817WITHHELD: 10,266,401

The 2 asset managers below cast 100% of the shares they voted on this item FOR (8,039 for, 0 against).

FOR 100%

FOR: 8,039 (100.0%)

Largest asset managers voting on “Resolution approving the reappointment of PricewaterhouseCoopers LLP as auditors of Shopify Inc. and authorizi” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
X-Square Balanced Fund, LLC	7,082	0	0	0	For
Atlas U.S. Tactical Income Fund	957	0	0	0	For

30. TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ("SAY-ON-PAY")

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-16.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (27,863 for, 0 against).

FOR: 27,863 (100.0%)

Largest asset managers voting on “TO APPROVE, ON AN ADVISORY BASIS, THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS ("SAY-ON-PAY")” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Lincoln Financial	27,663	0	0	0	For
BENDER ROBERT & ASSOCIATES	200	0	0	0	For

31. To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-06-16.

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, 668 against).

AGAINST: 668 (100.0%)

Largest asset managers voting on “To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Modern Wealth Management, LLC	0	334	0	0	Against
Tandem Financial, LLC	0	334	0	0	Against

32. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2026-06-16.

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.

100% fund support · no official result

FOR 100%

The 2 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., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
McGowan Group Asset Management, Inc.	20	0	0	0	For
Williamson Legacy Group, LLC	1	0	0	0	For

33. S/H Proposal - Corporate Governance

CORPORATE GOVERNANCE

Meeting held 2026-06-16.

5% fund support · no official result

AGAINST 95%

The 2 asset managers below cast 5% of the shares they voted on this item FOR (1 for, 20 against).

FOR: 1 (4.8%)AGAINST: 20 (95.2%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at Shopify Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
McGowan Group Asset Management, Inc.	0	20	0	0	Against
Williamson Legacy Group, LLC	1	0	0	0	For

Largest Shopify Inc. shareholders voting in 2025-2026

Ranked by the number of Shopify Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting.

Top Shopify Inc. shareholders by shares voted, 2025-2026
#	Asset manager	Shares voted
1	BlackRock	48,035,729
2	JENNISON ASSOCIATES LLC	13,738,322
3	Vanguard	12,053,679
4	BAILLIE GIFFORD OVERSEAS LTD	11,487,439
5	MACKENZIE FINANCIAL CORP	9,699,992
6	JPMorgan	8,128,782
7	Wellington	7,492,629
8	BAILLIE GIFFORD & CO LTD	6,598,118
9	1832 Asset Management L.P.	6,272,519
10	Charles Schwab	5,606,701

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Shopify Inc. for the 2025-2026 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 2026-06-16, in the 2025-2026 proxy season, 929 asset managers reported how they voted in their SEC Form N-PX filings, covering 11,061 separate fund positions. Their filings are grouped here into 33 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Shopify Inc.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the… — the reporting funds cast 59% 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 · 2024-2025 · 2025-2026 (this page).