Slide 1: Investor Presentation
August 2026 Investor Presentation Note: All financials presented are in US$ unless otherwise noted.
Slide 2: Disclaimer
Disclaimer General This presentation is property of Docebo Inc. (the “Company”, “Docebo”, “us” or “we”). It cannot be circulated or forwarded without our consent. Any graphs, tables or other information demonstrating our historical performance or that of any other entity contained in this presentati
Slide 3: Meet Docebo
Meet Docebo Upskill your people across the globe with learning, knowledge, and skills intelligence in one AI platform
Slide 4: Docebo-at-a-glance
Docebo-at-a-glance Docebo is the largest public company focused exclusively on corporate learning & skills 3,578 US$255.1M 900+ Customers1 ARR2 Employees 93% 10 20.2% Subscription Revenues3 Offices: Toronto, Atlanta and Subscription Revenue CAGR4 Athens-GA, Melbourne, Milano, Munich, London, Paris,
Slide 5: Docebo is a single platform for every workforce readiness use case
Docebo is a single platform for every workforce readiness use case External Training Internal Learning Skills Intelligence Customer education Employee onboarding Workforce planning Accelerate time-to-value and keep Ramp up new employees so they can get Use skills and capabilities data to guide custo
Slide 6: Docebo delivers AI learning for every enterprise need
Docebo delivers AI learning DOCEBO LEARNING for every enterprise need Unify an LMS, LXP, AI authoring, roleplay, ecommerce, and more in a single platform Learning Management AI Content Creation Content Marketplace Deliver scalable, personalized Create modern learning Access 90,000+ courses from lear
Slide 7: Trusted by global enterprises that take workforce readiness seriously
Trusted by global enterprises that take workforce readiness seriously
Slide 8: World-class customers find impact with Docebo
World-class customers find impact with Docebo Zoom trains 2 million customers worldwide with their Zoom Learning Center, powered 30% by Docebo. faster employee onboarding
Slide 9: Why world-class enterprises choose Docebo
Why world-class enterprises choose Docebo Flexible Unified Skills-based AI-powered Outcome-driven Customizable for Multiple audiences Robust inference & Orchestration and Learning tied to every use case in one platform intelligence personalization performance
Slide 10: We're reinventing learning by uniting three categories with AI
We’re reinventing learning by uniting three categories with AI Learning Knowledge LEARNING KNOWLEDGE Platforms Platforms Traditionally static and manual. Enterprise Search, wikis, and AI copilots. Built for delivery and completion. Powerful but disconnected. AGENTS & HEADLESS SKILLS Skills Platforms
Slide 11: Docebo AI Workforce Readiness Platform
Docebo AI Workforce Readiness Platform Docebo AI Headless MCP Browser Companion Integrations & APIs AgentHub Skills Learning Enterprise Intelligence Management Knowledge Talent Marketplace AI Roleplay Enterprise connectors Career Developer AI Content Creation Collection management Gap Analysis 20+ o
Slide 12: Skills intelligence to transform and upskill your workforce
Skills intelligence to transform DOCEBO SKILLS INTELLIGENCE and upskill your workforce 365Talents, a Docebo company, is the enterprise operating system for skill transformation, talent development, and workforce intelligence Skills & Workforce Talent Career Intelligence Marketplace Developer Skills
Slide 13: All your company knowledge. From scattered to searchable.
All your company knowledge. DOCEBO KNOWLEDGE From scattered to searchable. Give your workforce the info they need, right when they need it. Unite knowledge across enterprise systems with the learning platform they already use. Connect to any enterprise software or system Curate collections of truste
Slide 14: Agents that power the work of global learning & upskilling
Agents that power the work DOCEBO AGENTHUB of global learning & upskilling AI agents that autonomously create content, simply admin, and personalize learning across your global team Pre-built agents for common use cases No-code agent builder for custom agents Choose models, autonomy, and permissions
Slide 15: What is Workforce Readiness?
What is Workforce Readiness? The future of learning and talent is a closed loop Learning, skills, knowledge and agents work together to create continuous improvement ● Detect skills at scale, map your global talent, and identify gaps for improvement ● Grow talent with personalized learning, developm
Slide 16: The Data Moat
The Data Moat: Docebo holds billions of proprietary data records The platform makes them actionable for upskilling and impacting the business Compliance Skills Learning External Records Graph History Training Data Legally mandated. The canonical map of Millions of learners. Customers, partners, Audi
Slide 17: Expanding our addressable market
Expanding our addressable market ~$40B $30.0B Corporate Learning $3.0B US Government (FED + SLED) $25B $7.0B Skills Intelligence Corporate Learning TAM 2023 2026 TAM Source: Docebo Analysis. Company and industry research, government data and publications.
Slide 18: Expanded GTM
Expanded GTM Mid Market EMEA Enterprise SMB Government Mid-Market Skills EMEA 2019 2026 Source: Docebo Analysis. Company and industry research, government data and publications.
Slide 19: Partner Ecosystem
Partner Ecosystem We’re fueling growth and adoption with partners across the globe Global System Integrators Marketplace Service Partners Distribution Partners
Slide 20: Pillars of Growth
Pillars of Growth Land & Expand Expansion into Expansion into Customer Strategic Enterprise with Government the Enterprise Experience Partnerships multiple departments Currently use legacy Address complex Learning Resell, embedded, and use cases / on-prem solutions multi-use case and managed 1 ~60%
Slide 21: Moving upmarket
Moving +3X Enterprise customer count +9pt Higher 3-Year Avg. NDRR for $100K+ vs. upmarket increase <$50K Customers Customers with ARR < $50K Customers with ARR > $100K
Slide 22: ARR deceleration to re-acceleration
ARR ARR1 and Year-over-Year Growth USD in Millions deceleration to re-acceleration 19% Total ARR 2021 - 2025 CAGR 1 ARR is for the three months ended June 30, 2026. ARR is also a Non-IFRS measure. See the disclaimer, including "Non-IFRS Measures and Industry Metrics" therein and refer to the Appendi
Slide 23: Consistent Execution Driving Customer Growth
Consistent Execution Consistent ACV Driving Customer Growth Growth 93% ~4x 99% 1 of ARR added in 2025 represented by Growth in Average Contract Net Dollar Retention Rate in 20253 customers that chose multi-year contract Value since 20172 1. ARR is a non-IFRS measure. See "Non-IFRS Measures and Indus
Slide 24: Target Operating Model
Target Operating Model1 subscription Drive continued double digit revenue growth through Revenues improved new customer adds and net retention 10%-15% revenue growth Research and Organic innovation accelerating leading to Development broadening product and module portfolio 15-17% of revenue General
Slide 25: Experienced Executive Management and Board
Experienced Executive Management and Board Alessio Artuffo Brandon Farber Mark Kosoglow Kyle Lacy GLOBAL MANAGEMENT TEAM SUMMARY CAPITALIZATION President, CEO and Chief Financial Officer Chief Revenue Officer Chief Marketing Officer Current Ownership Summary Board Member Joined Docebo in October 202
Slide 26: Appendix
Appendix docebo
Slide 27: Non-IFRS Measures and Reconciliation of Non-IFRS measures
APPENDIX: Non-IFRS Measures and Reconciliation of Non-IFRS measures Key Performance Indicators Annual Recurring Revenue: We define Annual Recurring Revenue as the annualized equivalent value of the subscription revenue of all existing contracts (including Original Equipment Manufacturer (“OEM”) cont
Slide 28: Non-IFRS Measures and Reconciliation of Non-IFRS measures
APPENDIX: Non-IFRS Measures and Reconciliation of Non-IFRS measures Adjusted EBITDA Adjusted EBITDA is defined as net income excluding net finance income, depreciation and amortization, income taxes, share-based compensation and related payroll taxes, other income, foreign exchange gains and losses,
Slide 29: Non-IFRS Measures and Reconciliation of Non-IFRS measures
APPENDIX Non-IFRS Measures and Reconciliation of Non-IFRS measures Adjusted Net Income is defined as net income excluding amortization of intangible assets, share-based compensation and related payroll taxes, acquisition related compensation, transaction related expenses, restructuring costs, foreig