Mr. Alessio Artuffo reports

DOCEBO ANNOUNCES PRELIMINARY UNAUDITED RESULTS FOR THE Q1-2026 AND PROVIDES UPDATED OUTLOOK FOR FISCAL YEAR 2026

Docebo Inc. has released the preliminary (unaudited) financial results for the first quarter ended March 31, 2026 (Q1 2026), reported in accordance with IFRS (international financial reporting standards) measures (IFRS) and in United States dollars. As previously announced, the company expects to report its full Q1 2026 financial results before the market opens on Friday, May 8, 2026.

"Docebo delivered an exceptional start to 2026, exceeding our expectations across the board and reinforcing the strength of our market positioning. Our performance reflects both disciplined execution and growing demand for our AI work force readiness platform as organizations prioritize work force readiness in an increasingly complex operating environment," said Alessio Artuffo, president and chief executive officer. "With Docebo Inspire beginning today in Miami, we look forward to showcasing innovations that further strengthen our position in the market."

Preliminary (unaudited) Q1 2026 financial results

Preliminary (unaudited) financial results for the three months ended March 31, 2026, were as follows:

• Total revenue is expected to be between $65.4-million (U.S.) and $65.6-million (U.S.), an increase of 14.3 per cent compared with $57.3-million for the first quarter of 2025.
• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) is expected to be between $10.8-million (U.S.) and $11.0-million (U.S.), an increase of 22.5 per cent compared with $8.9-million (U.S.) for the first quarter of 2025.
• Annual recurring revenue (ARR) is expected to be $248.9-million (U.S.) as of March 31, 2026, an increase of 10.6 per cent compared with $225.1-million (U.S.) as of March 31, 2025. ARR was negatively impacted in the quarter by $1.4-million due to the effects of foreign exchange.
• The company's largest OEM (original equipment manufacturer) customer is expected to represent 3.2 per cent of ARR as of March 31, 2026, compared with 9.4 per cent as of March 31, 2025.
• Excluding the company's largest OEM customer, acquired ARR from acquisitions and after adjusting for the above noted negative impact due to the effects of foreign exchange, ARR increased by approximately 13.7 per cent from the comparative period in the prior year.

Updated financial outlook

Additionally, Docebo revised its guidance for the fiscal year ending Dec. 31, 2026, as shown in the attached table.

Investor briefing at Docebo Inspire Miami -- Tuesday, April 21, 2026 -- 2 p.m. ET

As previously announced, Docebo will present a livestream webcast of its investor briefing later today, Tuesday, April 21, 2026, at 2 p.m. ET. A live webcast and replay of the presentation will be available on the Docebo website.

Q1 2026 conference call and webcast information -- Friday, May 8, 2026 -- 8 a.m. ET

Docebo will present a live audio webcast of a conference call to review its Q1 2026 financial results on Friday, May 8, 2026, at 8 a.m. ET.

Investors can access the live call by dialling into 1-888-440-6840 or by accessing the webcast which will be available through the company's website.

About Docebo Inc.

Docebo is redefining how enterprises build human capability at scale. The company's AI (artificial intelligence) work force readiness platform connects skills intelligence, learning execution and measurable outcomes in a single closed loop, giving organizations the tools to close skills gaps, develop talent and perform at their best in an AI-driven world.

We seek Safe Harbor.