Docebo Investor Presentation Deck

Growing >2X the LMS Industry 150 100 50 0 US$10M 2016 Recurring Subscription Revenue US$17M +74% 2017 } US$27M +58% 2018 US$41M +53% 2019 Non-recurring Revenue US$63M +52% 2020 US$104M +66% 2021 US$143M +37% 2022 52% Recurring Revenue CAGR¹ US$182M Annual Recurring Revenue² 26% ARR Growth² 1. 2. docebo CAGR between fiscal year 2019 and fiscal year 2022. As at September 30, 2023. ARR is a non-IFRS measure. See "Non-IFRS Measures and Industry Metrics" in the disclaimer and refer to the Appendix to this presentation for details on how we calculate ARR. Growth driven by recurring revenue from SaaS model

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