### **SHOPIFY INC., Class A (SHOP)**

**Shopify Inc., Class A (SHOP)** is a global e-commerce platform that enables businesses of all sizes to build, manage, and scale their online stores.

The company provides cloud-based software solutions covering inventory management, payments, and multi-channel sales integration. Shopify’s business model is centered on serving as core commerce infrastructure, empowering entrepreneurs and brands to grow within the expanding digital economy.

**Additional Details**
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<table id="table">
    <tr>
        <th>Issuer</th>
        <td>Pi Securities Public Company Limited</td>
    </tr>
    <tr>
        <th>DR Symbol</th>
        <td>SHOP03</td>
    </tr>
    <tr>
        <th>DR Reference Ratio</th>
        <td>1500 DR : 1 UL</td>
    </tr>
    <tr>
        <th>Underlying Security</th>
        <td>SHOPIFY INC., Class A (SHOP)</td>
    </tr>
    <tr>
        <th>Type of Underlying Security</th>
        <td>Common Stock</td>
    </tr>
    <tr>
        <th>Exchange of Underlying Security</th>
        <td>U.S. Equities Exchanges</td>
    </tr>
    <tr>
        <th>Reference Asset Issuer’s Website</th>
        <td><a href="https://www.shopify.com/"_blank">SHOPIFY Website</a></td>
    </tr>
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Issuer	Pi Securities Public Company Limited
DR Symbol	SHOP03
DR Reference Ratio	1500 DR : 1 UL
Underlying Security	SHOPIFY INC., Class A (SHOP)
Type of Underlying Security	Common Stock
Exchange of Underlying Security	U.S. Equities Exchanges
Reference Asset Issuer’s Website	SHOPIFY Website

SHOP03 – Shopify Inc. (SHOP) The backbone of online commerce worldwide

SHOPIFY INC., Class A (SHOP)