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Shopify Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Shopify Inc.’s Form 8-K, filed June 16, 2026 (Item 5.07 on EDGAR). Page generated October 13, 2026.

  • 16Reported items
  • 883Asset managers
  • 10,928Fund votes
  • June 16, 2026Meeting date

Results at a glance

Meeting of June 16, 2026: 13 items on Shopify Inc.’s Form 8-K, filed June 16, 2026: 10 elected · 1 approved · 1 not approved · 1 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided · This season’s results screens

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Shopify Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Shopify Inc.

These tallies are Shopify Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 16, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Shopify Inc. — official shareholder meeting results, meeting held June 16, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Tobias Lütke 1,657,446,73738,629,744-- --76,273,736 98%Elected—
Elect Director: Lulu Cheng Meservey 1,691,141,6954,934,787-- --76,273,736 99.7%Elected—
Elect Director: Jeanne DeWitt Grosser 1,684,061,53612,014,945-- --76,273,736 99.2%Elected—
Elect Director: David Heinemeier Hansson 1,691,045,5195,030,963-- --76,273,736 99.7%Elected—
Elect Director: Jeremy Levine 1,665,712,40430,364,079-- --76,273,736 98%Elected—
Elect Director: Prashanth Mahendra-Rajah 1,687,117,6988,958,784-- --76,273,736 99.4%Elected—
Elect Director: Joseph Natale 1,534,092,144161,984,336-- --76,273,736 90%Elected—
Elect Director: Kevin Scott 1,692,124,1963,952,285-- --76,273,736 99.7%Elected—
Elect Director: Toby Shannan 1,692,107,2023,969,280-- --76,273,736 99.7%Elected—
Elect Director: Fidji Simo 1,639,426,47256,649,985-- --76,273,736 97%Elected—
2. Appointment of Independent Registered Public Accounting Firm 1,762,083,817---- 10,266,401-- 99.4%Approved—
3. Non-binding Advisory Vote on Executive Compensation The shareholders accepted, on a non-binding advisory basis, the Company's approach to executive compensation, as disclosed in the Circular 1,377,881,961318,194,521-- --76,273,736 81%Not verified—
4. Shareholder Proposal A shareholder proposal regarding an artificial intelligence policy 235,153,5261,460,922,955-- --76,273,736 14%Not approved—

Source: Shopify Inc., Form 8-K, filed with the SEC on June 16, 2026 — read the filing on EDGAR.

How asset managers voted at the Shopify Inc. 2025-2026 meeting

Each item below shows how the 883 asset managers that disclosed a Shopify Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Shopify Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Director: David Heinemeier Hansson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 3 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 1,691,045,519AGAINST: 5,030,963
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: 1E Election of Director: David Heinemeier Hansson

Shopify Inc.’s own tally for this item (“Elect Director: David Heinemeier Hansson”): 1,691,045,519 for, 5,030,963 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 317,097,246 for, 83,050 against.

FOR
FOR: 317,097,246AGAINST: 83,050
Largest asset managers voting on “1E Election of Director: David Heinemeier Hansson” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard45,962,1610 00For
Fidelity40,046,5870 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,776,2970 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

2. Elect Director: Fidji Simo

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 1,639,426,472AGAINST: 56,649,985
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: 1J Election of Director: Fidji Simo

Shopify Inc.’s own tally for this item (“Elect Director: Fidji Simo”): 1,639,426,472 for, 56,649,985 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 309,630,180 for, 7,453,985 against.

FOR
FOR: 309,630,180AGAINST: 7,453,985
Largest asset managers voting on “1J Election of Director: Fidji Simo” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard42,452,7043,509,457 00Mixed
Fidelity39,987,86358,724 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,746,14630,151 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

3. Elect Director: Jeanne DeWitt Grosser

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 1,684,061,536AGAINST: 12,014,945
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: 1D Election of Director: Jeanne DeWitt Grosser

Shopify Inc.’s own tally for this item (“Elect Director: Jeanne DeWitt Grosser”): 1,684,061,536 for, 12,014,945 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 317,097,246 for, 83,050 against.

FOR
FOR: 317,097,246AGAINST: 83,050
Largest asset managers voting on “1D Election of Director: Jeanne DeWitt Grosser” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard45,962,1610 00For
Fidelity40,046,5870 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,776,2970 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

4. Elect Director: Jeremy Levine

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 1,665,712,404AGAINST: 30,364,079
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: 1F Election of Director: Jeremy Levine

Shopify Inc.’s own tally for this item (“Elect Director: Jeremy Levine”): 1,665,712,404 for, 30,364,079 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 314,048,107 for, 3,132,189 against.

FOR
FOR: 314,048,107AGAINST: 3,132,189
Largest asset managers voting on “1F Election of Director: Jeremy Levine” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard45,962,1610 00For
Fidelity40,046,5870 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,776,2970 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

5. Elect Director: Joseph Natale

Official resultOTHERReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%
FOR: 1,534,092,144AGAINST: 161,984,336
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: ELECT DIRECTOR JOSEPH (JOE) NATALE

Shopify Inc.’s own tally for this item (“Elect Director: Joseph Natale”): 1,534,092,144 for, 161,984,336 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 295,059,195 for, 22,121,101 against.

FOR
FOR: 295,059,195AGAINST: 22,121,101
Largest asset managers voting on “ELECT DIRECTOR JOSEPH (JOE) NATALE” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard42,452,7043,509,457 00Mixed
Fidelity29,055,21010,991,377 00Mixed
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,570,08617,951 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,414,7551,870 00For
State Street2,179,3100 00For
Victory Capital1,746,14630,151 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

6. Elect Director: Kevin Scott

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 1,692,124,196AGAINST: 3,952,285
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: 1H Election of Director: Kevin Scott

Shopify Inc.’s own tally for this item (“Elect Director: Kevin Scott”): 1,692,124,196 for, 3,952,285 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 317,001,315 for, 82,850 against.

FOR
FOR: 317,001,315AGAINST: 82,850
Largest asset managers voting on “1H Election of Director: Kevin Scott” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard45,962,1610 00For
Fidelity40,046,5870 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,776,2970 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

7. Elect Director: Lulu Cheng Meservey

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 3 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 1,691,141,695AGAINST: 4,934,787
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: 1C Election of Director: Lulu Cheng Meservey

Shopify Inc.’s own tally for this item (“Elect Director: Lulu Cheng Meservey”): 1,691,141,695 for, 4,934,787 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 317,097,446 for, 82,850 against.

FOR
FOR: 317,097,446AGAINST: 82,850
Largest asset managers voting on “1C Election of Director: Lulu Cheng Meservey” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard45,962,1610 00For
Fidelity40,046,5870 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,776,2970 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

8. Elect Director: Prashanth Mahendra-Rajah

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 1,687,117,698AGAINST: 8,958,784
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: 1G Election of Director: Prashanth Mahendra-Rajah

Shopify Inc.’s own tally for this item (“Elect Director: Prashanth Mahendra-Rajah”): 1,687,117,698 for, 8,958,784 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 316,901,823 for, 182,342 against.

FOR
FOR: 316,901,823AGAINST: 182,342
Largest asset managers voting on “1G Election of Director: Prashanth Mahendra-Rajah” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard45,962,1610 00For
Fidelity40,046,5870 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,776,2970 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

9. Elect Director: Toby Shannan

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 3 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 1,692,107,202AGAINST: 3,969,280
Details: description as filed, official tally, votes by 199 asset managers

Description as filed by funds: 1I Election of Director: Toby Shannan

Shopify Inc.’s own tally for this item (“Elect Director: Toby Shannan”): 1,692,107,202 for, 3,969,280 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 199 asset managers below reported 317,001,315 for, 82,850 against.

FOR
FOR: 317,001,315AGAINST: 82,850
Largest asset managers voting on “1I Election of Director: Toby Shannan” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard45,962,1610 00For
Fidelity40,046,5870 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,776,2970 00For

Showing the 25 largest of 199 asset managers. See all 199 in the interactive database.

10. Elect Director: Tobias Lütke

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 1,657,446,737AGAINST: 38,629,744
Details: description as filed, official tally, votes by 182 asset managers

Description as filed by funds: 1A Election of Director: Tobias Lutke

Shopify Inc.’s own tally for this item (“Elect Director: Tobias Lütke”): 1,657,446,737 for, 38,629,744 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Directors Each of the 10 nominees listed below was elected as a director of the Company to hold office until the Company's next annual meeting of shareholders or until their successor is duly appointed.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 182 asset managers below reported 314,120,835 for, 142,425 against.

FOR
FOR: 314,120,835AGAINST: 142,425
Largest asset managers voting on “1A Election of Director: Tobias Lutke” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Vanguard45,962,1610 00For
Fidelity40,046,5870 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock8,024,9220 00For
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
MFS3,550,4350 00For
Prudential/PGIM3,535,7800 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Morgan Stanley2,588,0370 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National2,416,6250 00For
State Street2,179,3100 00For
Victory Capital1,776,2970 00For
Bridge Builder Trust1,750,3090 00For

Showing the 25 largest of 182 asset managers. See all 182 in the interactive database.

11. 3. Non-binding Advisory Vote on Executive Compensation The shareholders accepted, on a non-binding advisory basis, the…

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 33 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%AGAINST
FOR: 1,377,881,961AGAINST: 318,194,521
Details: description as filed, official tally, votes by 882 asset managers

Description as filed by funds: Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the shareholders accept Shopify Inc.'s approach to executive compensation as disclosed in the Management Information Circular for the Meeting.

Shopify Inc.’s own tally for this item (“3. Non-binding Advisory Vote on Executive Compensation The shareholders accepted, on a non-binding advisory basis, the Company's approach to executive compensation, as disclosed in the Circular”): 1,377,881,961 for, 318,194,521 against, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 81% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 191 asset managers voting on “Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the shareholders accept Sh” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group068,483,549 00Against
Vanguard40,999,1674,962,994 00Mixed
Fidelity39,717,462329,125 00For
Invesco1,49033,572,762 00Against
T. Rowe Price11,037,3840 00For
BlackRock7,086,131938,791 00Mixed
JPMorgan7,829,4850 00For
INVESTMENT CO OF AMERICA05,231,071 00Against
EUPAC FUND04,843,102 00Against
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS03,986,884 00Against
NEW ECONOMY FUND03,785,136 00Against
ARK ETF Trust3,696,8850 00For
Loomis Sayles03,666,495 00Against
MFS3,550,4350 00For
Prudential/PGIM45,7193,490,061 00Against
Charles Schwab2,799,9370 00For
HARBOR FUNDS02,637,656 00Against
Morgan Stanley2,564,70923,328 00For
ADVISORS' INNER CIRCLE FUND2,539,6180 00For
JANUS INVESTMENT FUND2,531,8940 00For
Jackson National1,038,3421,378,283 00Mixed
State Street2,179,3100 00For
Victory Capital1,490,162286,135 00Mixed

Fund voting reports, all 191 managers: 165,289,115 for, 151,704,721 against, 303 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 697 asset managers voting on “Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the shareholders accept Sh” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock45,352,0345,000,942 00Mixed
JENNISON ASSOCIATES LLC013,738,322 00Against
BAILLIE GIFFORD OVERSEAS LTD11,487,4390 00For
MACKENZIE FINANCIAL CORP09,699,992 00Against
Wellington07,489,005 00Against
BAILLIE GIFFORD & CO LTD6,598,1180 00For
1832 Asset Management L.P.2,709,4623,563,057 00Mixed
CI INVESTMENTS INC.4,348,2390 00For
EDGEWOOD MANAGEMENT LLC3,280,7030 00For
APG Asset Management US Inc.2,877,8740 00For
Charles Schwab2,806,7640 00For
BAILLIE GIFFORD & CO2,172,1140 00For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM02,063,578 00Against
Alberta Investment Management Corp02,015,737 00Against
NORDEA INVESTMENT MANAGEMENT AB01,985,643 00Against
Northern Trust1,948,8080 00For
WELLS FARGO CLEARING SERVICES, LLC1,865,2230 00For
Natixis591,2831,221,600 00Mixed
AustralianSuper Pty Ltd01,690,917 00Against
Strategy Capital LLC1,589,8620 00For
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM01,560,509 00Against
Ashe Capital Management, LP1,542,7380 00For
ENVESTNET ASSET MANAGEMENT INC01,530,636 00Against
SCOTIA CAPITAL INC.1,496,1710 00For
Baillie Gifford Investment Management (Europe) Ltd1,359,8120 00For

Institutional-manager reports, all 697 managers: 106,399,886 for, 68,486,614 against, 25 abstained, 249,714 not voted, 15,313 unknown. Showing the 25 largest; see all in the interactive database.

12. 2. Appointment of Independent Registered Public Accounting Firm

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 4 wordings of this item as funds reported it.

99.4% Approved · of votes cast

FOR 99.4%
FOR: 1,762,083,817WITHHELD: 10,266,401
Details: description as filed, official tally, votes by 128 asset managers

Description as filed by funds: Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration

Shopify Inc.’s own tally for this item (“2. Appointment of Independent Registered Public Accounting Firm”): 1,762,083,817 for, 10,266,401 withheld — passed, per its Form 8-K filed June 16, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Appointment of Independent Registered Public Accounting Firm The shareholders approved the appointment of PricewaterhouseCoopers LLP as auditors of the Company until the close of the Company's next annual meeting of shareholders at such remuneration to be fixed by the Board.”
Support: 99.4% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of Shopify Inc.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Appointment of Auditor and Authority to Set Fees” (2 managers, 400 for); “Resolution approving the reappointment of PricewaterhouseCoopers LLP as auditors of Shopify Inc. and authorizing the Board of Directors to fix their remuneration” (2 managers, 8,039 for).

The 128 asset managers below reported 261,812,263 for, 174,950 withheld.

FOR
FOR: 261,812,263WITHHOLD: 174,950
Largest asset managers voting on “Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group68,483,5490 00For
Fidelity39,987,8630 00For
Vanguard33,909,4980 00For
Invesco33,574,2520 00For
T. Rowe Price11,037,3840 00For
BlackRock6,304,0940 00For
INVESTMENT CO OF AMERICA5,231,0710 00For
EUPAC FUND4,843,1020 00For
TIAA4,820,0170 00For
Franklin Custodian Funds4,654,2690 00For
BARON SELECT FUNDS3,986,8840 00For
NEW ECONOMY FUND3,785,1360 00For
MFS3,550,4350 00For
Morgan Stanley2,588,0370 00For
JANUS INVESTMENT FUND2,531,8940 00For
State Street2,179,3100 00For
Victory Capital1,746,1460 00For
AMCAP FUND1,550,0130 00For
New York Life1,510,2230 00For
AB LARGE CAP GROWTH FUND INC1,478,3330 00For
ProShares1,448,2460 00For
Thrivent1,206,1990 00For
Legg Mason1,168,1750 00For
Equitable1,024,9850 00For
FundVantage Trust1,011,1090 00For

Showing the 25 largest of 128 asset managers. See all 128 in the interactive database.

13. 2. Appointment of Independent Registered Public Accounting Firm

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

99.4% Approved · of votes cast

FOR 99.4%
FOR: 1,762,083,817WITHHELD: 10,266,401
Details: description as filed, official tally, votes by 92 asset managers

Description as filed by funds: Auditor Proposal Resolution approving the reappointment of PricewaterhouseCoopers LLP as auditors of Shopify Inc. and authorizing the Board of Directors to fix their remuneration.

Shopify Inc.’s own tally for this item (“2. Appointment of Independent Registered Public Accounting Firm”): 1,762,083,817 for, 10,266,401 withheld — passed, per its Form 8-K filed June 16, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Appointment of Independent Registered Public Accounting Firm The shareholders approved the appointment of PricewaterhouseCoopers LLP as auditors of the Company until the close of the Company's next annual meeting of shareholders at such remuneration to be fixed by the Board.”
Support: 99.4% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 92 asset managers below reported 55,044,545 for, 51,071 withheld.

FOR
FOR: 55,044,545WITHHOLD: 51,071
Largest asset managers voting on “Auditor Proposal Resolution approving the reappointment of PricewaterhouseCoopers LLP as auditors of Shopify I” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,052,6630 00For
JPMorgan7,829,4850 00For
ARK ETF Trust3,696,8850 00For
Loomis Sayles3,666,4950 00For
Prudential/PGIM3,490,0610 00For
Charles Schwab2,799,9370 00For
HARBOR FUNDS2,637,6560 00For
Jackson National2,416,6250 00For
ADVISORS' INNER CIRCLE FUND2,304,5100 00For
Bridge Builder Trust1,750,3090 00For
BlackRock1,720,8280 00For
Global X1,525,7910 00For
Federated Hermes847,3950 00For
BAILLIE GIFFORD FUNDS775,9960 00For
NEOS ETF Trust722,7920 00For
TOUCHSTONE FUNDS GROUP TRUST715,0070 00For
Brighthouse635,6420 051,071Mixed
Hartford645,7860 00For
Brown Advisory Funds628,4660 00For
John Hancock534,4300 00For
Transamerica501,9610 00For
Natixis420,6430 00For
Neuberger Berman246,3720 00For
Wedbush Series Trust235,4640 00For
Russell Investments175,2050 00For

Showing the 25 largest of 92 asset managers. See all 92 in the interactive database.

14. Adopt a Policy on Responsible Use of Artificial Intelligence ("AI") in the Company's Business and Operations

No official matchOTHER SOCIAL ISSUES

Combines 2 wordings of this item as funds reported it.

15% of fund votes cast · no official result

FORAGAINST
Details: votes by 112 asset managers

The 112 asset managers below reported 39,520,598 for, 215,457,348 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 39,520,598AGAINST: 215,457,348
Largest asset managers voting on “Adopt a Policy on Responsible Use of Artificial Intelligence ("AI") in the Company's Business and Operations” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group26,209,86942,273,680 00Mixed
Fidelity039,987,863 00Against
Vanguard033,909,498 00Against
Invesco033,574,252 00Against
T. Rowe Price011,037,384 00Against
INVESTMENT CO OF AMERICA05,231,071 00Against
EUPAC FUND849,7223,993,380 00Mixed
TIAA4,820,0170 00For
Franklin Custodian Funds04,654,269 00Against
BARON SELECT FUNDS03,986,884 00Against
NEW ECONOMY FUND3,785,1360 00For
MFS03,550,435 00Against
Morgan Stanley23,3282,564,709 00Against
JANUS INVESTMENT FUND02,531,894 00Against
State Street02,179,310 00Against
Victory Capital01,746,146 00Against
AMCAP FUND01,550,013 00Against
New York Life01,510,223 00Against
AB LARGE CAP GROWTH FUND INC1,478,3330 00For
ProShares01,448,246 00Against
Thrivent01,206,199 00Against
Legg Mason01,168,175 00Against
Equitable45,809979,176 00Against
FundVantage Trust01,011,109 00Against
First Trust01,003,759 00Against

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

15. Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular for the…

No official matchOTHER SOCIAL ISSUES

Combines 2 wordings of this item as funds reported it.

22% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 94 asset managers

Description as filed by funds: Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular for the Meeting.

The 94 asset managers below reported 12,174,115 for, 42,922,471 against, 2,129 unknown. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 12,174,115AGAINST: 42,922,471UNKNOWN: 2,129
Largest asset managers voting on “Shareholder Proposal Vote on the shareholder proposal, as disclosed in the Management Information Circular for” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,509,4578,543,206 00Mixed
JPMorgan07,829,485 00Against
ARK ETF Trust03,696,885 00Against
Loomis Sayles03,666,495 00Against
Prudential/PGIM03,485,121 00Against
Charles Schwab2,799,9370 00For
HARBOR FUNDS02,637,656 00Against
Jackson National264,8072,151,818 00Mixed
ADVISORS' INNER CIRCLE FUND02,304,510 00Against
Bridge Builder Trust431,5401,318,769 00Mixed
BlackRock01,720,828 00Against
Global X1,525,7910 00For
Federated Hermes0847,395 00Against
BAILLIE GIFFORD FUNDS0775,996 00Against
NEOS ETF Trust722,7920 00For
TOUCHSTONE FUNDS GROUP TRUST0715,007 00Against
Brighthouse5,733680,980 00Against
Hartford645,7860 00For
Brown Advisory Funds0628,466 00Against
John Hancock0534,430 00Against
Transamerica500,8411,120 00For
Natixis138,214282,429 00Mixed
Neuberger Berman246,3720 00For
Wedbush Series Trust235,4640 00For
Russell Investments175,2050 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

16. 4. Shareholder Proposal A shareholder proposal regarding an artificial intelligence policy

Official resultCORPORATE GOVERNANCEHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEReported outcome: Not approved

Combines 3 wordings of this item as funds reported it.

14% Not approved · of votes cast

14%AGAINST
FOR: 235,153,526AGAINST: 1,460,922,955
Details: description as filed, official tally, votes by 16 asset managers

Description as filed by funds: PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: ADOPT A POLICY ON RESPONSIBLE USE OF ARTIFICIAL INTELLIGENCE ("AI") IN THE COMPANY'S BUSINESS AND OPERATIONS

Shopify Inc.’s own tally for this item (“4. Shareholder Proposal A shareholder proposal regarding an artificial intelligence policy”): 235,153,526 for, 1,460,922,955 against — failed, per its Form 8-K filed June 16, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “Shareholder Proposal A shareholder proposal regarding an artificial intelligence policy was not approved.”
Support: 14% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 16 asset managers below reported 76,652 for, 6,932,884 against.

AGAINST
FOR: 76,652AGAINST: 6,932,884
Largest asset managers voting on “PLEASE NOTE THAT THIS RESOLUTION IS A SHAREHOLDER PROPOSAL: ADOPT A POLICY ON RESPONSIBLE USE OF ARTIFICIAL IN” at Shopify Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock06,304,094 00Against
Six Circles Trust0341,562 00Against
John Hancock0211,218 00Against
CARILLON SERIES TRUST047,900 00Against
Krane Shares Trust35,1650 00For
GREEN CENTURY FUNDS19,7790 00For
SP Funds Trust018,153 00Against
Advisors' Inner Circle Fund III10,6000 00For
Pacer Funds Trust9,7730 00For
Forethought Variable Insurance Trust04,473 00Against
TIMOTHY PLAN03,012 00Against
Innovator ETFs Trust02,356 00Against
EA Series Trust9350 00For
Northern Lights Fund Trust IV3340 00For
Rayliant Funds Trust0116 00Against
PACE SELECT ADVISORS TRUST660 00For

Not shown here: this season’s fund filings also report 1 item from the meeting of June 17, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest Shopify Inc. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Shopify Inc. shareholders by shares voted on “Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the…”, 2025-2026
#Asset manager Shares voted
1Capital Group 68,483,549
2Vanguard 45,962,161
3Fidelity 40,046,587
4Invesco 33,574,252
5T. Rowe Price 11,037,384
6BlackRock 8,024,922
7JPMorgan 7,829,485
8INVESTMENT CO OF AMERICA 5,231,071
9EUPAC FUND 4,843,102
10TIAA 4,820,017
Institutional-manager reports: top Shopify Inc. shareholders by shares voted on “Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the…”, 2025-2026
#Asset manager Shares voted
1BlackRock 50,352,976
2JENNISON ASSOCIATES LLC 13,738,322
3BAILLIE GIFFORD OVERSEAS LTD 11,487,439
4MACKENZIE FINANCIAL CORP 9,699,992
5Wellington 7,492,629
6BAILLIE GIFFORD & CO LTD 6,598,118
71832 Asset Management L.P. 6,272,519
8CI INVESTMENTS INC. 4,413,582
9EDGEWOOD MANAGEMENT LLC 3,280,703
10APG Asset Management US Inc. 2,877,874

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Shopify Inc. for the 2025-2026 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on October 13, 2026; a live search always shows the current data.

At Shopify Inc.'s shareholder meeting held June 16, 2026, in the 2025-2026 proxy season, 883 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,928 separate fund positions. Their filings are grouped here into 16 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Non-binding Advisory Vote on Executive Compensation Non- binding advisory vote that the… — FOR was 81% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Shopify Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 16, 2026.

Shopify Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.