Ms. Manon Brouillette reports

LIGHTSPEED COMMERCE APPOINTS TECHNOLOGY INDUSTRY VETERAN RUPAL HOLLENBECK TO BOARD OF DIRECTORS

Lightspeed Commerce Inc. has appointed Rupal Hollenbeck to its board of directors, effective Oct. 1, 2026.

"I'm delighted to join the Lightspeed board at such an exciting time in the company's journey," said Ms. Hollenbeck. "Lightspeed has built a differentiated platform for ambitious independent businesses around the world, and I look forward to drawing upon my global technology track record and go-to-market expertise to help the company realize its full potential and create long-term value for its shareholders."

Ms. Hollenbeck is a technology industry leader with 30 years of experience across hardware, software and services, with a record of building and transforming brands and businesses across global and local markets.

Ms. Hollenbeck currently serves as the president and chief business officer of NextSilicon, a leader in next-generation computing solutions for AI (artificial intelligence) and high-performance computing. Previously, Ms. Hollenbeck served as president and chief commercial officer of Check Point Software Technologies, where she led global go-to-market operations. She has also served as chief marketing officer at Cerebras Systems and Oracle and held senior sales, marketing and general management roles at Intel, including leadership positions in the data centre business and across the Asia Pacific region. She currently serves on the board of directors of Cequence Security, a privately owned enterprise software security company.

"Rupal's combination of operating leadership, commercial expertise and global perspective will be an invaluable addition to our board," said Manon Brouillette, executive chair of Lightspeed's board. "Her experience scaling technology businesses and building high-performing, global go-to-market organizations sets her up extremely well to add immediate value to Lightspeed as we execute our strategy and continue to deliver profitable growth for our shareholders."

Simultaneously, Lightspeed announced that Nathalie Gaveau will step down from the company's board of directors, effective Sept. 30, 2026. Lightspeed thanks Ms. Gaveau for her valuable contributions and dedicated service to the board.

About Lightspeed Commerce Inc.

Lightspeed is the POS (point-of-sale) and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations.

With fast, flexible omnichannel technology, Lightspeed brings together point-of-sale, e-commerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network. Backed by insights and expert support, Lightspeed helps businesses run more efficiently and focus on what they do best.

Founded in Montreal, Canada, in 2005, Lightspeed is dual listed on the New York Stock Exchange and Toronto Stock Exchange, with teams across North America, Europe and Asia Pacific.

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