Mr. Mike McCarthy reports

DOCEBO INC. ANNOUNCES SUBSTANTIAL ISSUER BID PRICE INCREASE AND EXTENSION

Docebo Inc. has amended the terms of its previously announced substantial issuer bid under which the company has offered to repurchase from its shareholders for cancellation up to $70-million (U.S.) of its outstanding common shares.

The offer has been amended to increase the price to $25.00 (U.S.) per common share and in connection with the price increase (i) the expiry date of the offer has been extended to 5 p.m. Eastern Time on Sept. 8, 2026, unless further extended, varied or withdrawn by Docebo; and (ii) the maximum number of common shares that may be purchased pursuant to the offer has decreased to 2.8 million common shares. All other terms of the offer remain unchanged.

A notice of variation and extension will be mailed to shareholders and available free of charge under the company's SEDAR+ profile and on EDGAR. Shareholders who wish to deposit common shares under the offer and who hold common shares registered in the name of an investment dealer, stock broker, bank, trust company or other nominee, should immediately contact their nominee in order to take the necessary steps to be able to deposit the common shares held under the offer.

The foregoing is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell common shares. The solicitation and the offer to buy common shares will only be made pursuant to the offer documents, which have been filed with the applicable securities regulators in Canada and the United States.

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.