Internet, Everywhere, June 16, 2026 (GLOBE NEWSWIRE) -- Shopify Inc. (NASDAQ, TSX: SHOP) announced today the results of its annual meeting of shareholders held on June 16, 2026. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP was reappointed as Shopify's auditors. Shareholders also accepted, on a non-binding advisory basis, Shopify's approach to executive compensation, as further described in Shopify's management information circular dated April 21, 2026. A shareholder proposal regarding an artificial intelligence policy was not approved.

The detailed results of the meeting are as follows:

1. Election of Directors

Each of the ten (10) nominees for director was elected to the Board of Directors. The votes cast for each nominee were as follows:

 
                            Votes         % of        Votes          % of 
Director                     for        Votes for    Against     Votes Against 
Tobias Lütke       1,657,446,737      97.72%   38,629,744           2.28% 
Lulu Cheng Meservey     1,691,141,695      99.71%    4,934,787           0.29% 
Jeanne DeWitt Grosser   1,684,061,536      99.29%   12,014,945           0.71% 
David Heinemeier 
 Hansson                1,691,045,519      99.70%    5,030,963           0.30% 
Jeremy Levine           1,665,712,404      98.21%   30,364,079           1.79% 
Prashanth 
 Mahendra-Rajah         1,687,117,698      99.47%    8,958,784           0.53% 
Joseph Natale           1,534,092,144      90.45%  161,984,336           9.55% 
Kevin Scott             1,692,124,196      99.77%    3,952,285           0.23% 
Toby Shannan            1,692,107,202      99.77%    3,969,280           0.23% 
Fidji Simo              1,639,426,472      96.66%   56,649,985           3.34% 
 
 

Following the meeting, the Board of Directors intends to select Tobias Lütke to continue to serve as Chair of the Board of Directors and Joseph Natale to continue to serve as Lead Independent Director.

2. Appointment of Independent Registered Public Accounting Firm

PricewaterhouseCoopers LLP was reappointed as Shopify's auditors, and the directors were authorized to fix the auditors' remuneration. The votes were cast as follows:

 
        Votes        % of       Votes             % of 
          for   Votes for    Withheld   Votes Withheld 
1,762,083,817      99.42%  10,266,401            0.58% 
 
 

3. Non-binding Advisory Vote on Executive Compensation

Shareholders accepted, on a non-binding advisory basis, the Company's approach to executive compensation. The votes were cast as follows:

 
        Votes        % of        Votes            % of 
          for   Votes for      Against   Votes Against 
1,377,881,961      81.24%  318,194,521          18.76% 
 
 

4. Shareholder Proposal

A shareholder proposal regarding an artificial intelligence policy was not approved. The votes were cast as follows:

 
      Votes        % of          Votes            % of 
        for   Votes for        Against   Votes Against 
235,153,526      13.86%  1,460,922,955          86.14% 
 
 

About Shopify

Shopify provides essential internet infrastructure for commerce. Shopify's all-in-one platform makes it easier to start, run, and grow a business, powering sales online, in-store, and everywhere in between. Millions of businesses in 175+ countries use Shopify--from entrepreneurs to brands like Aldo, BarkBox, Carrier, Meta, Vuori, SKIMS, and Supreme.

For more information, visit www.shopify.com.

 
CONTACT INVESTORS:              CONTACT MEDIA: 
Shane Kleinstein                Ben McConaghy 
Director, Investor Relations    Director, Communications 
IR@shopify.com                  press@shopify.com 
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June 16, 2026 16:00 ET (20:00 GMT)