Mr. Dax Dasilva reports

LIGHTSPEED COMMERCE APPOINTS GLEN LEBLANC TO BOARD OF DIRECTORS

Lightspeed Commerce Inc. has appointed Glen LeBlanc to its board of directors, effective July 1, 2025.

"As an organization, Lightspeed has an incredibly impressive track record of disciplined growth, innovation and industry leading product development," said Mr. LeBlanc. "I'm looking forward to adding my perspective to an already well established board of directors to help Lightspeed achieve its full potential under its new exciting plan."

Mr. LeBlanc brings over 30 years of experience in the telecommunications and technology industries, including in financial leadership roles. Mr. LeBlanc currently serves as the vice-chair, Atlantic Canada, with BCE Inc. where he has also previously held the positions of executive vice-president and CFO (chief financial officer). Prior to joining BCE, Mr. LeBlanc was executive vice-president and CFO of Aliant, which was acquired by BCE in 2014. He also currently serves on the board of directors for Northwestel and Maple Leaf Sports & Entertainment.

"We're thrilled to welcome Glen to the Lightspeed board," said Dax Dasilva, founder and chief executive officer of Lightspeed. "Glen's experience at the forefront of Canada's telecom and technology sectors brings fresh insight that will help guide our next phase of innovation and sustainable growth."

"Glen's financial expertise and disciplined approach will strengthen our board's ability to steward Lightspeed's transformation and long-term success," said Manon Brouillette, executive chair of Lightspeed's board. "His proven leadership in driving growth and managing through complex market dynamics will be an invaluable addition to the organization."

In addition to this appointment, Lightspeed announced that Paul McFeeters will not be standing for re-election at the company's annual shareholders meeting on July 31, 2025. Mr. LeBlanc will be appointed to the company's audit committee and risk committee effective July 1, 2025, and subject to his election at the company's annual shareholders meeting will succeed Mr. McFeeters as chair of the audit committee following the meeting.

"Lightspeed is grateful to Paul McFeeters for his invaluable contributions and dedicated service to the board. His leadership, guidance and strategic insight have played a pivotal role in shaping the company's growth and success," said Mr. Dasilva.

About Lightspeed Commerce Inc.

Lightspeed is the POS (point of sale) and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences and run smarter across all channels and locations.

With fast, flexible omnichannel technology, Lightspeed brings together point of sale, e-commerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network. Backed by insights and expert support, Lightspeed helps businesses run more efficiently and focus on what they do best.

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.

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