SHOPIFY INC

Ticker: SHOP CUSIP: 82509L107 Class: CL A

111 Capital's Holding History (CIK: 0002060412)

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

Q4 2025

Shares 12,235 Value ($000) $1,970 Avg Close $160.56 Range $136.18 - $182.19

Q3 2025

Shares 15,540 Value ($000) $2,309 Avg Close $135.57 Range $111.33 - $159.01

Q2 2025

Shares 14,899 Value ($000) $1,719 Avg Close $100.02 Range $69.84 - $117.36

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,235	$1,970	$160.56	$136.18 - $182.19
Q3 2025	15,540	$2,309	$135.57	$111.33 - $159.01
Q2 2025	14,899	$1,719	$100.02	$69.84 - $117.36