Shopify Announces Results of its 2016 Annual Meeting of Shareholders

OTTAWA, Ontario--()--Shopify Inc. (NYSE:SHOP)(TSX:SH) (“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 4, 2016.

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 99.74 % 170,301,414   449,992
Robert Ashe 99.83 % 170,457,972   293,434
Steven Collins 99.83 % 170,457,807   293,599
Jeremy Levine 99.79 % 170,389,748   361,658
Trevor Oelschig 99.79 % 170,390,663   360,743
John Phillips 99.78 % 170,374,962   376,444
2. Appointment of Auditors 99.98 % 175,993,279   36,701
3. Advisory Resolution on Executive Compensation 99.43 % 169,782,380   969,026

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 use the software to design, set up and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and-mortar locations and pop-up shops. The platform also provides a merchant 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 over 275,000 businesses in approximately 150 countries and is trusted by big brands including Tesla Motors, Budweiser, Red Bull, the LA Lakers, the New York Stock Exchange, GoldieBlox, 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