SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Brevan Howard Capital Management LP's Holding History (CIK: 0001512857)

Note: Option positions (PUT/CALL) are excluded.

Q3 2025

Shares 2,100 Value ($000) $312 Avg Close $135.57 Range $111.33 - $159.01

Q1 2025

Shares 93,782 Value ($000) $8,954 Avg Close $108.97 Range $89.10 - $129.38

Q4 2024

Shares 7,050 Value ($000) $750 Avg Close $97.26 Range $77.12 - $120.72

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	2,100	$312	$135.57	$111.33 - $159.01
Q1 2025	93,782	$8,954	$108.97	$89.10 - $129.38
Q4 2024	7,050	$750	$97.26	$77.12 - $120.72