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Section Divider slide 6 from Shopify — Q4 and Full Year 2022 Financial Results

Case Study slide 7 from Shopify — Q4 and Full Year 2022 Financial Results

Text slide 8 from Shopify — Q4 and Full Year 2022 Financial Results

Minimal slide 9 from Shopify — Q4 and Full Year 2022 Financial Results

Section Divider slide 10 from Shopify — Q4 and Full Year 2022 Financial Results

Minimal slide 11 from Shopify — Q4 and Full Year 2022 Financial Results

Comparison slide 12 from Shopify — Q4 and Full Year 2022 Financial Results

Section Divider slide 13 from Shopify — Q4 and Full Year 2022 Financial Results

Chart slide 14 from Shopify — Q4 and Full Year 2022 Financial Results

Comparison slide 15 from Shopify — Q4 and Full Year 2022 Financial Results

Case Study slide 16 from Shopify — Q4 and Full Year 2022 Financial Results

Section Divider slide 17 from Shopify — Q4 and Full Year 2022 Financial Results

Chart slide 18 from Shopify — Q4 and Full Year 2022 Financial Results

Case Study slide 19 from Shopify — Q4 and Full Year 2022 Financial Results

Case Study slide 20 from Shopify — Q4 and Full Year 2022 Financial Results

Framework slide 21 from Shopify — Q4 and Full Year 2022 Financial Results

Case Study slide 22 from Shopify — Q4 and Full Year 2022 Financial Results

Minimal slide 23 from Shopify — Q4 and Full Year 2022 Financial Results

Process slide 24 from Shopify — Q4 and Full Year 2022 Financial Results

Cover slide 25 from Shopify — Q4 and Full Year 2022 Financial Results

Minimal slide 26 from Shopify — Q4 and Full Year 2022 Financial Results

Financial Analysis slide 27 from Shopify — Q4 and Full Year 2022 Financial Results

Minimal slide 28 from Shopify — Q4 and Full Year 2022 Financial Results

Financial Analysis slide 29 from Shopify — Q4 and Full Year 2022 Financial Results

Chart slide 30 from Shopify — Q4 and Full Year 2022 Financial Results

Minimal slide 31 from Shopify — Q4 and Full Year 2022 Financial Results

Comparison slide 32 from Shopify — Q4 and Full Year 2022 Financial Results

Financial Analysis slide 33 from Shopify — Q4 and Full Year 2022 Financial Results

Comparison slide 34 from Shopify — Q4 and Full Year 2022 Financial Results

Comparison slide 35 from Shopify — Q4 and Full Year 2022 Financial Results

Cover slide 36 from Shopify — Q4 and Full Year 2022 Financial Results