SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

FUNDSMITH INVESTMENT SERVICES LTD.'s Holding History (CIK: 0001868537)

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

Q2 2025

Shares 88,177 Value ($000) $10,171 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 88,177 Value ($000) $8,419 Avg Close $108.97 Range $89.10 - $129.38

Q4 2024

Shares 96,127 Value ($000) $10,221 Avg Close $97.26 Range $77.12 - $120.72

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	88,177	$10,171	$100.02	$69.84 - $117.36
Q1 2025	88,177	$8,419	$108.97	$89.10 - $129.38
Q4 2024	96,127	$10,221	$97.26	$77.12 - $120.72