Docebo Inc. Announces Commencement of Previously Announced Substantial Issuer Bid

Executive Summary

• Docebo Inc. announced the commencement of a substantial issuer bid to repurchase up‑to 2,941,176 common shares at US$20.40 per share, for a maximum aggregate consideration of US$60 million.
• The offer is effective immediately and will remain open until March 10, 2026 unless extended, varied or withdrawn.
• Offer documents have been filed with securities regulators and mailed to shareholders on February 3, 2026; they are also available free of charge on SEDAR+ and EDGAR.

Key Details

• Maximum Shares Repurchased: 2,941,176 common shares (approximately X% of outstanding shares – not disclosed).
• Repurchase Price: US$20.40 per common share.
• Total Potential Consideration: Up to US$60,000,000.
• Offer Period: Commences on February 4, 2026 and expires on March 10, 2026, subject to possible extension, variation or withdrawal.
• Regulatory Filings: Offer documents filed with Canadian and U.S. securities regulators; mailed to shareholders on February 3, 2026.
• Access to Documents: Available free of charge via the Company’s SEDAR+ profile (www.sedarplus.ca) and EDGAR (www.sec.gov).
• Purpose Statement: The repurchase is intended for cancellation of shares, providing liquidity to shareholders and potentially enhancing per‑share metrics.

Notable Quotes

(No direct quotes were included in the release.)