Mr. Mike McCarthy reports

DOCEBO INC. ANNOUNCES COMMENCEMENT OF PREVIOUSLY ANNOUNCED SUBSTANTIAL ISSUER BID

Docebo Inc. has formally commenced the previously announced substantial issuer bid under which the company will offer to repurchase for cancellation up to 2,941,176 of its outstanding common shares at a price of $20.40 (U.S.) per common share, for an aggregate price not exceeding $60-million (U.S.). The offer commences on the date hereof and will expire on March 10, 2026, unless extended, varied or withdrawn. Further details regarding the offer can be found in the company's news release of Jan. 29, 2026.

The offer documents have been filed with the applicable securities regulators and were mailed to shareholders on Feb. 3, 2026. The offer documents will be available free of charge under the company's SEDAR+ profile and on EDGAR. Shareholders should carefully read the offer documents prior to making a decision with respect to the offer.

About Docebo Inc.

Docebo is redefining the way enterprises leverage technology to create and manage content, deliver training, and measure the business impact of their learning programs. With Docebo's end-to-end learning platform, organizations worldwide are equipped to deliver scaled, personalized learning across all their audiences and use cases, driving growth and powering their business.

We seek Safe Harbor.