SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Capula Management Ltd's Holding History (CIK: 0001557017)

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

Q4 2025

Shares 12,359 Value ($000) $1,989 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 32,618 Value ($000) $4,847 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 57,728 Value ($000) $6,659 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 58,829 Value ($000) $5,617 Avg Close $108.97 Range $89.10 - $129.38

Q4 2024

Shares 3,861 Value ($000) $411 Avg Close $97.26 Range $77.12 - $120.72

Q2 2021

Shares 100 Value ($000) $146 Avg Close $123.22 Range $102.51 - $155.22

Q1 2021

Shares 152 Value ($000) $168 Avg Close $120.82 Range $100.51 - $149.97

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,359	$1,989	$160.56	$136.18 - $182.19
Q3 2025	32,618	$4,847	$135.57	$111.33 - $159.01
Q2 2025	57,728	$6,659	$100.02	$69.84 - $117.36
Q1 2025	58,829	$5,617	$108.97	$89.10 - $129.38
Q4 2024	3,861	$411	$97.26	$77.12 - $120.72
Q2 2021	100	$146	$123.22	$102.51 - $155.22
Q1 2021	152	$168	$120.82	$100.51 - $149.97