Notice of Proposed Sale · 144

Shopify Inc.

Notice of Proposed Sale

Filed Sep 18, 2026Accepted Sep 18, 2026, 4:09 PM EDTFiling CIK 1594805Accession 0001594805-26-000056

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Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.

Proposed-sale notice

Issuer: Shopify Inc.
Issuer CIK: 0001594805
Phone: 6132412828
Person for whose account securities are to be sold: Jessica Hertz
Relationships to issuer: Officer
Street: 151 O'Connor St.
Street (continued): Ground Floor
City: Ottawa
State / country code: A6
Postal code: K2P 2L8

Securities proposed for sale

Securities proposed for sale · 1 reported row
Security	Proposed units	Aggregate market value	Units outstanding	Approximate sale date	Exchange	Broker / market maker
Class A Subordinate Voting Shares	11,171	1,438,737.24	1,208,570,347	09/19/2026	NASDAQ	Solium Capital Inc.

Broker / market maker — proposed row 1, entry 1

Name: Solium Capital Inc.
Street: Suite 1500
Street (continued): 600-3rd Ave., SW
City: Calgary
State / country code: A0
Postal code: T2P 0G5

Acquisition of securities to be sold

Acquisition of securities to be sold · 1 reported row
Security	Acquired	Nature of acquisition	Acquired from	Amount acquired	Gift transaction	Payment date	Nature of payment
Class A Subordinate Voting Shares	09/19/2026	Vesting of RSUs	Issuer	22,342	N	09/19/2026	Vesting of RSUs

Sales reported in the preceding three months

Sales reported in the preceding three months · 4 reported rows
Seller	Security	Sale date	Amount sold	Gross proceeds
Jessica Hertz	Class A Subordinate Voting Shares	06/29/2026	3,834	445,779.18
Jessica Hertz	Class A Subordinate Voting Shares	07/28/2026	3,675	487,036.73
Jessica Hertz	Class A Subordinate Voting Shares	08/27/2026	10,394	1,606,337.61
Jessica Hertz	Class A Subordinate Voting Shares	08/28/2026	3,636	564,495.18

Seller — prior-sale row 1, entry 1

Name: Jessica Hertz
Street: 151 O'Connor St.
Street (continued): Ground Floor
City: Ottawa
State / country code: A6
Postal code: K2P 2L8

Seller — prior-sale row 2, entry 1

Name: Jessica Hertz
Street: 151 O'Connor St.
Street (continued): Ground Floor
City: Ottawa
State / country code: A6
Postal code: K2P 2L8

Seller — prior-sale row 3, entry 1

Name: Jessica Hertz
Street: 151 O'Connor St.
Street (continued): Ground Floor
City: Ottawa
State / country code: A6
Postal code: K2P 2L8

Seller — prior-sale row 4, entry 1

Name: Jessica Hertz
Street: 151 O'Connor St.
Street (continued): Ground Floor
City: Ottawa
State / country code: A6
Postal code: K2P 2L8

Prior-sale reporting

Nothing to report for the preceding three months: N

Remarks

Aggregate market value calculated using September 11, 2026 closing price of $128.79 per share. Number of shares outstanding as of July 31, 2026. Sales to be made to cover taxes and fees resulting from the vesting of RSUs. Dates of sale reflect a three month period starting on September 19, 2026.

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