SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

TIAA TRUST, NATIONAL ASSOCIATION's Holding History (CIK: 0001997405)

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

Q4 2025

Shares 39,540 Value ($000) $6,365 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 86,348 Value ($000) $12,832 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 4,172 Value ($000) $481 Avg Close $100.02 Range $69.84 - $117.36

Q1 2025

Shares 151,435 Value ($000) $14,459 Avg Close $108.97 Range $89.10 - $129.38

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	39,540	$6,365	$160.56	$136.18 - $182.19
Q3 2025	86,348	$12,832	$135.57	$111.33 - $159.01
Q2 2025	4,172	$481	$100.02	$69.84 - $117.36
Q1 2025	151,435	$14,459	$108.97	$89.10 - $129.38