Ms. Asha Bakshani reports

LIGHTSPEED ANNOUNCES VOTING RESULTS FROM ITS ANNUAL AND SPECIAL SHAREHOLDERS' MEETING

Lightspeed Commerce Inc. has released the voting results for the items of business put forth by the company at its annual and special shareholders meeting held on July 30, 2026.

Shareholders of the company voted in favour of all items of business put forth at the meeting by the company. The voting results for each item of business at the meeting are presented below.

1. Election of directors

The seven candidates proposed as directors were duly elected directors of the company by a majority of the votes cast by the shareholders present or represented by proxy at the meeting, as follows.

2. Appointment of auditor

A ballot was conducted with respect to the appointment of PricewaterhouseCoopers LLP (PwC) as the company's auditor. According to the proxies received and ballots cast, PwC was appointed as the company's auditor with the following results.

Votes for:  91,715,046 (99.54 per cent)

Votes withheld:  426,212 (0.46 per cent)

3. Advisory vote on executive compensation

A ballot was conducted with respect to approving an advisory, non-binding resolution on the company's approach to executive compensation as more fully described in the company's management information circular. According to the proxies received and ballots cast, such advisory, non-binding resolution on the company's approach to executive compensation was approved with the following results.

Votes for:  87,432,295 (98.16 per cent)

Votes against:  1,643,263 (1.84 per cent)

4. Ordinary resolution in respect of the amended and restated omnibus incentive plan

A ballot was conducted with respect to approving an ordinary resolution, the full text of which is reproduced on Schedule D to the management information circular for the meeting, to: (1) approve an amendment to the company's amended and restated omnibus incentive plan (as defined in the management information circular) to extend the term of such plan to the 10th anniversary of the meeting; and (2) approve all unallocated options, rights and other entitlements thereunder. According to the proxies received and ballots cast, such ordinary resolution in respect of the amended and restated omnibus incentive plan was approved with the following results.

Votes for:  62,280,332 (70.04 per cent)

Votes against:  26,645,364 (29.96 per cent)

Final voting results on all matters voted at the meeting are available on Lightspeed's website and on SEDAR+ and EDGAR.

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, golf 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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