SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Rheos Capital Works Inc.'s Holding History (CIK: 0001735445)

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

Q4 2025
Shares 138,000 Value ($000) $22 Avg Close $160.56 Range $136.18 - $182.19
Q3 2025
Shares 188,000 Value ($000) $28 Avg Close $135.57 Range $111.33 - $159.01