On June 2, 2026, Shopify Inc. (the "Company") issued a press release announcing that its Board of Directors authorized the Company to repurchase an additional US$3.0 billion of its Class A subordinate voting shares ("Class A Subordinate Voting Shares"), bringing its aggregate repurchase authorization to US$5.0 billion. Information related to the additional repurchase program is included in the press release, a copy of which is furnished as Exhibit 99.1 to this report.