Shopify Announces Results of its 2017 Annual Meeting of Shareholders

OTTAWA, Canada--()--Shopify Inc. (NYSE:SHOP)(TSX:SHOP) (“Shopify” or the “Company”), the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses, today announced the results from its Annual Meeting of Shareholders (the “Meeting”) which took place yesterday. All director nominees were re-elected to the Board of Directors and PricewaterhouseCoopers LLP was appointed as auditors. Shareholders approved the advisory resolution on the approach to executive compensation disclosed in the Company’s management information circular dated May 2, 2017.

The detailed results of the Meeting were as follows:

                         
       

Percentage of
Votes
Cast For

     

For
(number of
votes)

     

Against/Withheld
(number of votes)

1. Election of Directors                        
Tobias Lütke       99.86       175,775,607       237,787
Robert Ashe       99.65       175,400,779       612,615
Steven Collins       99.80       175,654,516       358,878
Gail Goodman       99.66       175,422,089       591,305
Jeremy Levine       99.79       175,640,203       373,191
John Phillips       99.48       175,101,090       912,304
2. Appointment of Auditors       99.93       186,673,135       133,136
3. Advisory Resolution on Executive Compensation       99.09       174,420,221       1,593,176
                 

Following the Meeting, the Board of Directors selected Tobias Lütke to continue to serve as Chair of the Board of Directors, and Robert Ashe to continue to serve as Lead Independent Director.

About Shopify

Shopify is the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. Merchants can use the software to design, set up, and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces and physical retail locations. The platform also provides merchants with a powerful back-office and a single view of their business. The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Shopify currently powers hundreds of thousands of businesses in approximately 175 countries and is trusted by brands such as Tesla, Nestle, GE, Red Bull, Kylie Cosmetics, and many more.

Contacts

Shopify
INVESTORS:
Katie Keita, 613-241-2828
Director, Investor Relations
IR@shopify.com
or
MEDIA:
Sheryl So, 416-238-6705 x 302
Public Relations Manager
press@shopify.com

Contacts

Shopify
INVESTORS:
Katie Keita, 613-241-2828
Director, Investor Relations
IR@shopify.com
or
MEDIA:
Sheryl So, 416-238-6705 x 302
Public Relations Manager
press@shopify.com