Mr. Dax Dasilva reports

LIGHTSPEED COMMERCE HIGHLIGHTS NEW PRODUCT INNOVATIONS SOLVING BUSINESS CHALLENGES ACROSS RETAIL AND HOSPITALITY

Lightspeed Commerce Inc. today highlighted some of the groundbreaking new product innovations the company released this past quarter.

"Q3 brought about some significant product innovations designed to help customers realize real value in their day-to-day business operations," said Dax Dasilva, founder and chief executive officer of Lightspeed. "From selling on Scanner, to our kitchen display system, we're bringing transformative solutions to our merchants and restauranteurs, helping them find new opportunities to surprise and delight their customers."

Lightspeed's Q3 innovations brought a number of new products and feature sets across the retail and hospitality industries, including:

Retail

• Expanded Lightspeed Scanner revolutionizes the retail shopping experience -- Lightspeed has expanded its Scanner app with selling capabilities, addressing the frustration of long lines and interrupted shopping experiences. Now available on the iPhone version of the app, the updated Scanner enables complete purchases directly from the shop floor using mobile selling. It is designed to create a more customized, seamless experience for customers while empowering retailers to scale up registers more efficiently during busy times.
• Pushing Out more powerful promotions for retailers and wholesalers -- Lightspeed gives both retailers and brands more flexibility when it comes to running promotions. Now retailers can create one promotion to run across multiple sales channels -- in store and on-line. Brands have the ability to offer new advanced promotions including free shipping, net term extensions and target these based on a range of conditions such as product availability or previous order history. Now both retailers and brands have more tools for their promotional strategies.
• Growing a one-million-plus product catalogue to support retail success -- Lightspeed's supplier network now includes over one million new products, offering retailers high-quality data from leading brands across key verticals such as pet, home and garden, and golf. This growth simplifies inventory management and enables retailers to meet customer demand with tailored, seamless shopping experience.
• Improved work force management capabilities with Homebase -- Lightspeed's time clock is now integrated with Homebase, enabling flagship retail customers to streamline employee tracking and management. This integration helps reduce missed shifts, early clock-ins, and accidental overtime-saving time and simplifying operations.
• Enhanced retail inventory control -- Through an enhanced collaboration between Cin7 Core and Lightspeed Retail, customers can access a cloud-based, automated and real-time solution for managing a retailer's entire inventory life cycle. The integration helps retailers automate data synchronization, streamlining stock levels, sales orders, purchases and stock adjustments between both systems.
• Streamlined special order fulfilment -- Lightspeed extends its capability to manage complex sales workflows, enhancing special order fulfilment for cashiers. This launch is tailored to provide a seamless experience for customers purchasing multiple items that require separate forms of fulfilment. Retailers can now easily identify which items the customer takes immediately versus those that need to be fulfilled later, simplifying operations and maximizing sales opportunities.
• More tools to showcase product catalogue on-line -- Lightspeed extended its on-line tools to help merchants showcase their products on-line to grow sales with more options to display the catalogue and draw attention to key offerings, discounts, sale offers and brands offered. Improve the customer experience on the online storefronts with subcategory navigation, ensuring consumers can quickly find the products they want.

Hospitality

• Modernizing kitchen operations with the new kitchen display system -- Lightspeed's KDS seamlessly connects front-of-house and back-of-house operations. Orders flow directly from the POS or Tableside into the kitchen for smooth execution. With support for diverse hardware and advanced coursing features, KDS helps kitchens prioritize and complete orders efficiently, even during peak hours.
• Simplify management with multilocation reporting -- Effortlessly oversee your entire restaurant group with Lightspeed's multilocation reporting tools. Compare sales metrics across all locations with gauge menu performance, monitor trends and analyze real-time data-empowering smarter decisions for consistent growth.
• Faster access to funds with instant payouts -- Managing cash flow just got easier for restaurants with Lightspeed Payments' Instant Payouts. Eligible customers in select markets can now access funds within 30 minutes -- even on weekends and holidays. Innovated to allow businesses to cover expenses faster and keep operations running smoothly, with instant deposits available directly through Lightspeed Back Office.
• Actionable insights on the go with Lightspeed Pulse -- Lightspeed Pulse delivers restaurants operators with real-time access to essential metrics right from their mobile devices. From tracking performance to monitoring team efficiency, Pulse delivers actionable insights for quick, informed decisions. Designed to keep operators connected to their business anytime, anywhere, Lightspeed Pulse helps businesses stay ahead of trends.
• Streamlined payroll and operations management with 7shifts -- With an expanded partnership with 7shifts, Lightspeed Restaurant customers in North America can simplify payroll processing, reduce labour costs and improve team scheduling efficiency -- saving time while driving operational excellence.

Golf

• Revolutionize golf course operations with Lightspeed scheduling -- Simple, integrated scheduling tools help operators maximize bookings and revenue from an unlimited number of services with ease. Ranging from golf lessons and simulator bay bookings to pickleball court reservations, Lightspeed Scheduling allows golf operators to serve the growing customer demand for off-course golf activities at the club.
• Transforming golf operations with landscapes golf management partnership -- Landscapes Golf Management extended a multiyear partnership with Lightspeed earlier this year to deliver powerful tools that streamline operations and elevate the guest experience across 60-plus properties in the Landscapes portfolio. From simplified tee time management to integrated point-of-sale and actionable insights, this collaboration helps operators improve workflows and drive revenue growth across their portfolio.

Lightspeed powers the world's best restaurants and retailers including: Taverne Atlantic (Montreal), Tony's Chocolonely (Amsterdam), Alinea Group (Chicago), L'Occitane (New Zealand) and Kei (Paris).

About Lightspeed Commerce Inc.

Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional omnichannel customer experiences. The company's cloud commerce solution transforms and unifies on-line and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.

Founded in Montreal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange. With teams across North America, Europe and Asia-Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

We seek Safe Harbor.