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Docebo Investor Presentation Deck

125 100 75 50 25 0 US$9.9M 2016 Recurring Subscription Revenue Non-recurring Revenue US$17.1M +74% Growing >2X the LMS industry 2017 US$27.1M +58% 2018 US$41.4M +53% 2019 US$62.9M +52% 2020 US$104.2M +66% 2021 66% Recurring Revenue CAGR¹ US$129M Annual Recurring Revenue² 91% Recurring Revenue³ (1) (2) (3) CAGR between fiscal year 2016 and fiscal year 2021 As at March 31, 2022. Refer to the Appendix to this presentation for details on how we calculate ARR For the three months ended March 31, 2022 Growth driven by recurring revenue from SaaS model
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