Shopify Announces Results of its 2021 Annual Meeting of Shareholders

About this update from Shopify Inc.

[{"type":"text","content":"Internet, Everywhere--(Newsfile Corp. - May 26, 2021) - Shopify Inc. (NYSE: SHOP) (TSX: SHOP), a leading global commerce company, today announced the results from its Annual Meeting of Shareholders (the \"Meeting\") which took place today. All director nominees were re-elected to the Board of Directors and PricewaterhouseCoopers LLP was appointed as auditors. Shareholders approved the second amendment and restatement of each of the Company's Stock Option Plan and the Company's Long Term Option Plan and approved all unallocated options under the Stock Option Plan, as amended, and all unallocated awards under the Long Term Option Plan, as amended, all as further described in the Company's management information circular dated April 22, 2021 (the \"Circular\"). Shareholders approved the advisory resolution on the approach to executive compensation disclosed in the Circular.\nThe detailed results of the Meeting were as follows:\n1. Election of Directors\nThe six (6) nominees for Director that were proposed by management of the Company were elected pursuant to a vote conducted by ballot. The votes were cast for each nominee as follows:\n\n\n\nDirector\nVotes\nfor\n% of\nVotes for\nVotes\nWithheld\n% of\nVotes Withheld\n\n\nTobias Lütke\n185,422,777\n99.16%\n1,572,000\n0.84%\n\n\nRobert Ashe\n184,402,284\n98.61%\n2,592,493\n1.39%\n\n\nGail Goodman\n186,367,943\n99.66%\n626,834\n0.34%\n\n\nColleen Johnston\n185,788,556\n99.35%\n1,206,221\n0.65%\n\n\nJeremy Levine\n185,678,248\n99.30%\n1,316,529\n0.70%\n\n\nJohn Phillips\n179,238,787\n95.85%\n7,755,990\n4.15%\n\n\n\n \n2. Appointment of Auditor\nPricewaterhouseCoopers LLP were appointed as the Company's auditors and the directors were authorized to fix the auditor's compensation pursuant to a vote conducted by ballot. The votes were cast as follows:\n\n\n\nVotes\nfor\n% of\nVotes for\nVotes\nWithheld\n% of\nVotes Withheld\n\n\n191,064,471\n99.89%\n209,555\n0.11%\n\n\n\n \n3. Approval of Amended and Restated Stock Option Plan\nThe Company's Second Amended and Restated Stock Option Plan and all unallocated options under such Stock Option Plan, as amended, were approved pursuant to a vote conducted by ballot. The votes were cast as follows:\n\n\n\nVotes\nfor\n% of\nVotes for\nVotes\nAgainst\n% of\nVotes Against\n\n\n144,288,559\n77.16%\n42,706,218\n22.84%\n\n\n\n \n4. Approval of Amended a...

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