Ms. Kerrie Cohen of Warburg Pincus reports

EARLY WARNING REPORT REGARDING AGREEMENT TO DISPOSE OF COMMON SHARES BY WARBURG PINCUS IN DOCEBO INC.

This press release is issued by Warburg Pincus LLC on behalf of the funds and investment vehicles managed by Warburg listed under Item 2.1 of the accompanying early warning report (collectively, the Warburg entities) to note that WPGG 14 Investment Ltd. IV has entered into a definitive agreement with Intercap Equity Inc. to sell to Intercap 3,630,715 common shares of Docebo Inc., representing all of the common shares owned or controlled by the Warburg entities. Pursuant to the transaction, WPGG 14 Investment Ltd. IV will receive aggregate cash proceeds of $68,148,520.55 (U.S.) ($95,810,005.04 (Canadian)), being $18.77 (U.S.) ($26.39) per common share. The closing of the transaction is expected to occur on or about Feb. 27, 2026, subject to limited closing conditions.

Before giving effect to the transaction, the Warburg entities beneficially owned or controlled 3,630,715 common shares, representing approximately 12.63 per cent of the issued and outstanding common shares (on a non-diluted basis). After giving effect to the transaction, the Warburg entities will no longer own or control any common shares.

The transaction was agreed to in the ordinary course of business. Depending on market conditions, Warburg's view of Docebo's prospects and other factors considered relevant by Warburg, the Warburg entities may, from time to time, acquire additional shares, dispose of shares or hold shares.

This press release is issued pursuant to the requirements of National Instruments 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. An early warning report with additional information in respect of the foregoing matters will be filed and made available on SEDAR+ under the company's issuer profile. To obtain copies of the early warning report, please contact the Warburg entities.

The address of Warburg Entities is care of Warburg Pincus, 450 Lexington Ave., New York, N.Y., 10017. Docebo's head office is located at 55 York St., 12th floor, Toronto, Ont., M5J 1R7.