Docebo Inc. (NASDAQ:DCBO, TSX:DCBO) ("Docebo" or the "Company"), the Enterprise Platform for the AI-era workforce, unifying skills intelligence, learning, and knowledge in one closed loop, announced today the amendment of the terms of its previously announced substantial issuer bid (the "Offer") under which the Company has offered to repurchase from its shareholders ("Shareholders") for cancellation up to US$70,000,000 of its outstanding common shares ("Common Shares").

The Offer has been amended to increase the price to US$25.00 per Common Share and in connection with the price increase (i) the expiry date of the Offer has been extended to 5:00 p.m. (Eastern time) on September 8, 2026, unless further extended, varied or withdrawn by Docebo and (ii) the maximum number of Common Shares that may be purchased pursuant to the Offer has decreased to 2,800,000 Common Shares. All other terms of the Offer remain unchanged.