Company Announcements

Montreal, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) is proud to announce, for the second year in a row, the company has been named one of the best places to work in its hometown of Montréal. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs who wish to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

Mediacorp Canada Inc., organizers of the annual Montréal’s Top Employers project, announced results Tuesday, February 27th. This award recognizes organizations in the Greater Montréal area that offer exceptional workplaces.

“In 2005, I made a deliberate decision to start a company in Montréal, believing that the city is an excellent hub of culture and innovation,” said Dax Dasilva, Lightspeed’s Founder and CEO. “To now be recognized as a recurring top employer in the city is a huge honor. Yes, we have amazing health and wellness benefits. Above all else, we have a fantastic culture—in large part because of the wonderful city we call home.”

On top of an unlimited time off policy in North America and an equity incentive plan that provides wealth creation opportunities for its broader employee base, Lightspeed provides referral bonuses to encourage employees to recruit top talent from their network.

Shirvani Mudaly, Lightspeed's Chief People Officer, notes that “we want every single one of Lightspeed’s employees to find meaning and purpose in the work they do. We’re a great place to work and we empower people to do great work.”

Thinking of making a career change? Lightspeed is hiring for roles across Canada and around the world.

About Lightspeed

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 customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions and connection to supplier networks.

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

For more information, see www.lightspeedhq.com.

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Forward-Looking Statements

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR at www.sedarplus.ca and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed's subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information:

Media Contacts:

Canada:
Victoria Baker, NKPR - victoriab@nkpr.net

USA:
Jennifer Fugel, Newsmaker Group- jfugel@newsmakergroup.com

Lightspeed Media Relations - media@lightspeedhq.com

Investor Relations:
Gus Papageorgiou, Lightspeed Investor Relations - investorrelations@lightspeedhq.com

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• Lightspeed Shines in Montréal