DCBO · Docebo Inc. · Investor Relations

Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (“ Docebo ” or the “ Company ”), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, today provided an update on its previously announced substantial issuer bid (the “ Offer ”) under which the Company will offer to repurchase for cancellation up to US$60,000,000 of its outstanding common shares (“ Common Shares ”) at a price of US$20.40 per Common Share. Change in Intercap Intentions to Participate in the Offer Intercap Equity Inc. (“ Intercap ”), has informed the Company that, due to Intercap’s internal capital management considerations, it may in fact participate in the Offer and could tender Common Shares to the Offer, with the goal of maintaining its approximate current ownership interest in the Company. Intercap beneficially owns approximately 56.6% of the Company’s issued and outstanding Common Shares (including the 3,630,715 Common Shares Intercap has committed to acquire from WPGG 14