SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

Infusive Asset Management Inc.'s Holding History (CIK: 0001749333)

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

Q4 2025

Shares 34,237 Value ($000) $5,511 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 39,135 Value ($000) $5,816 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 70,455 Value ($000) $8,127 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 64,529 Value ($000) $6,158 Avg Close $108.97 Range $89.10 - $129.38

Q4 2024

Shares 55,503 Value ($000) $5,902 Avg Close $97.26 Range $77.12 - $120.72

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	34,237	$5,511	$160.56	$136.18 - $182.19
Q3 2025	39,135	$5,816	$135.57	$111.33 - $159.01
Q2 2025	70,455	$8,127	$100.02	$69.84 - $117.36
Q1 2025	64,529	$6,158	$108.97	$89.10 - $129.38
Q4 2024	55,503	$5,902	$97.26	$77.12 - $120.72