<SEC-DOCUMENT>0000929638-19-000630.txt : 20190613
<SEC-HEADER>0000929638-19-000630.hdr.sgml : 20190613
<ACCEPTANCE-DATETIME>20190613162245
ACCESSION NUMBER:		0000929638-19-000630
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20190613
FILED AS OF DATE:		20190613
DATE AS OF CHANGE:		20190613

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DESCARTES SYSTEMS GROUP INC
		CENTRAL INDEX KEY:			0001050140
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-29970
		FILM NUMBER:		19896354

	BUSINESS ADDRESS:	
		STREET 1:		120 RANDALL ST
		CITY:			WATERLOO
		STATE:			A6
		ZIP:			N2V 1C6
		BUSINESS PHONE:		519-746-8110

	MAIL ADDRESS:	
		STREET 1:		120 RANDALL DRIVE
		CITY:			WATERLOO, ONTARIO, CANADA
		STATE:			XX
		ZIP:			N2V 1C6
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
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              <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Washington, D.C. 20549</div>
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              <div style="FONT-SIZE: 12pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</div>
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              <div style="FONT-SIZE: 12pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">THE SECURITIES EXCHANGE ACT OF 1934</div>
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              <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">For the month of June 2019</div>
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              <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Commission File Number:&#160;&#160;000-29970</div>
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            <td style="font-size: 10pt; font-family: times new roman; width: 100%;" valign="top">&#160; </td>
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              <div style="FONT-SIZE: 18pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">THE DESCARTES SYSTEMS GROUP INC.</div>
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              <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Translation of registrant&#8217;s name into English)</div>
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              <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Address of principal executive office)</div>
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    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form
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    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
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    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
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      permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated,
      domiciled or legally organized (the registrant&#8217;s &#8220;home country&#8221;), or under the rules of the home country exchange on which the registrant&#8217;s securities are traded, as long as the report or other document is not a press release, is not required to be
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    <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left; MARGIN-LEFT: 36pt; DISPLAY: block">The attached Material Change Report dated June 13, 2019 is furnished herewith as Exhibit 99.1. </div>
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    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 36pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
      this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
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            <td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 47%" colspan="2" valign="top">&#160; </td>
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              <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Registrant)</div>
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              <div style="TEXT-DECORATION: underline; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">/s/ Michael Verhoeve&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </div>
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    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Date:&#160; June 13, 2019<br>
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              <div style="font-size: 10pt; font-family: &quot;times new roman&quot;; font-weight: bold; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Description</div>
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            <td style="font-size: 10pt; font-family: &quot;times new roman&quot;; width: 15%;" valign="top">&#160;</td>
            <td style="font-size: 10pt; font-family: &quot;times new roman&quot;; width: 85%;" valign="top">&#160;</td>
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            <td style="font-size: 10pt; font-family: &quot;times new roman&quot;; width: 15%;" align="left" valign="top"><a href="exhibit99-1.htm">99.1</a></td>
            <td style="font-size: 10pt; font-family: &quot;times new roman&quot;; width: 85%;" align="left" valign="top"><a href="exhibit99-1.htm">Material Change Report dated June 13, 2019</a></td>
          </tr>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>MATERIAL CHANGE REPORT DATED JUNE 13, 2019
<TEXT>
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  <div style="text-align: center; font-family: Arial; font-size: 10pt; font-weight: bold;">Form 51-102F3<font style="font-size: 10pt; font-family: Arial;"><br>
    </font>Material Change Report</div>
  <div>&#160;</div>
  <div style="text-align: left;">
    <div>
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            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">1.</font></td>
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              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Name and Address of Company:</font></div>
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  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">The Descartes Systems Group Inc. (&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Descartes</font>&#8221;)</font></div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">120 Randall Drive</font></div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">Waterloo, Ontario N2V 106</font></div>
  <div>&#160;</div>
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          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">2.</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Date of Material Change:</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">June 4, 2019</font></div>
  <div>&#160;</div>
  <div style="text-align: left;">
    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zdf47575b115344a7afa61a33fc958768" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">3.</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">News Release:</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">A news release disclosing the material change was issued and disseminated by Descartes through the services of Globe Newswire on June 4, 2019.</font></div>
  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">A copy of the news release is attached hereto as Schedule &#8220;A&#8221;.</font></div>
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      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zbc9c264d636647a5a74f5dd2f1f0dc20" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">4.</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Summary of Material Change:</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">On June 4, 2019, Descartes announced the commencement of a marketed, underwritten public offering in the United States and in Canada of 6,000,000
      common shares of Descartes (&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Common Shares</font>&#8221;), to be made through an underwriting group. The underwriters were also granted an option, exercisable at any time not later than
      the 30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day after the filing of the final prospectus supplement relating to the offering, to purchase up to 900,000 additional Common Shares on the same terms and
      conditions, to cover their over-allocation position, if any.</font></div>
  <div>&#160;</div>
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    <div>
      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zeb19970cb7464122b3678e3b61045836" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">5.</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Full Description of Material Change:</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">On June 4, 2019, Descartes announced the commencement of a marketed, underwritten public offering in the United States and in Canada of 6,000,000
      Common Shares, to be made through an underwriting group co-led by Barclays and RBC Capital Markets, who acted as joint book-running managers of the offering and as representatives of the underwriters, which included Scotiabank, BMO Capital Markets,
      CIBC Capital Markets, GMP Securities L.P., Raymond James Ltd. William Blair, Canaccord Genuity and TD Securities Inc. (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Underwriters</font>&#8221;). The Underwriters
      were also granted an option, exercisable at any time not later than the 30<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day after the filing of the final prospectus supplement relating to the offering, to
      purchase up to 900,000 additional Common Shares on the same terms and conditions, to cover their over-allocation position, if any.</font></div>
  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">Subsequent to the material change, on June 5, 2019, Descartes announced that it would offer the Common Shares at a price of US$35.50 per share. On
      June 10, 2019, Descartes closed the public offering and the Underwriters exercised the over-allotment option in full. The total offering of 6,900,000 Common Shares resulted in aggregate gross proceeds of US$244,950,000.</font></div>
  <div>&#160;</div>
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          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">6.</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Reliance on Subsection 7.1(2) of National Instrument 51-102:</font></div>
            </td>
          </tr>

      </table>
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  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">Not applicable.</font></div>
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            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">7.</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Omitted Information:</font></div>
            </td>
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      </table>
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  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">Not applicable.</font></div>
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            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">8.</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Executive Officer:</font></div>
            </td>
          </tr>

      </table>
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  </div>
  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">Michael Verhoeve</font></div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">Executive Vice President, Legal,</font></div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">General Counsel &amp; Corporate Secretary</font></div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">The Descartes Systems Group Inc.</font></div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">Tel: 1-519-746-8110 x202323</font></div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial; color: #0000FF;"><font style="font-size: 10pt; font-family: Arial;">MVerhoeve@descartes.com</font></font></div>
  <div>&#160;</div>
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      <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z2f5a9d388bcd48beb8801f58e754a0f8" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">9.</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Date of Report:</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div>&#160;</div>
  <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">June 13, 2019</font></div>
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  <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SCHEDULE &#8220;A&#8221;</font></div>
  <div>
    <div style="TEXT-ALIGN: left; LINE-HEIGHT: 18.25pt"><img src="descartes_logo.jpg"></div>
    <div style="TEXT-ALIGN: left; LINE-HEIGHT: 18.25pt">&#160;</div>
    <div style="text-align: center; line-height: 18.25pt;">&#160;<img src="pressrelease_banner.jpg"></div>
    <div style="TEXT-ALIGN: left; LINE-HEIGHT: 18.25pt">&#160;</div>
    <font style="font-family: Verdana,&quot;sans-serif&quot;;"> </font>
    <div style="text-align: center; line-height: 18.25pt; font-family: Verdana,&quot;sans-serif&quot;;"></div>
    <div style="margin: 0px 0px 25pt; line-height: 18.25pt; font-family: Verdana, 'sans-serif'; font-size: 16pt; text-align: center;">Descartes Announces Commencement of Public Offering<br>
    </div>
    <font style="font-family: Verdana,&quot;sans-serif&quot;;"> <strong><font style="font-weight: normal;"> </font></strong> </font>
    <div><font style="font-family: Verdana,&quot;sans-serif&quot;;"><strong><font style="font-weight: normal;"> </font></strong></font>
      <div style="text-align: justify; font-family: Verdana, sans-serif; font-size: 9pt;"><font style="font-size: 9pt; font-family: Verdana, sans-serif; font-weight: bold;">WATERLOO, Ontario &#8212; June 4, 2019 </font>&#8212; The Descartes Systems Group Inc.
        ("Descartes") (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, today announced the commencement of a marketed, underwritten public offering of 6,000,000 common shares. The Company expects to grant
        the underwriters an option to purchase up to 900,000 additional common shares, at any time not later than the 30th day after the date of the final prospectus supplement, on the same terms and conditions, to cover their over-allocation position, if
        any.</div>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;">Completion of the offering is subject to market conditions and approval by the Toronto Stock Exchange. There can be no assurance as to whether or when
          the offering may be completed, or as to the actual size, price or other terms of the offering. Descartes intends to use the net proceeds of the offering to repay outstanding indebtedness under its revolving debt facility, for potential future
          acquisition opportunities and </font><font style="font-size: 9pt; font-family: Verdana, sans-serif;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;">for general corporate purposes</font>.</font></div>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;">The offering is being made through an underwriting group with Barclays and RBC Capital Markets acting as joint book-running managers of the offering and
          as representatives of the underwriters.</font></div>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;">The offering is being conducted in Canada pursuant to a short form base shelf prospectus filed with the securities regulatory authorities in each of the
          provinces of Canada, other than Quebec, and in the United States pursuant to Descartes' effective shelf registration statement on Form F-10, which was filed with the U.S. Securities and Exchange Commission (the "SEC") and of which the short form
          base shelf prospectus forms a part. A preliminary prospectus supplement containing important information relating to the offering will be filed in the United States with the SEC and in Canada with the securities commissions in each of the
          provinces of Canada, other than Quebec. The preliminary prospectus supplement will still be subject to completion or amendment. A final prospectus supplement relating to the offering will also be filed in the United States with the SEC and in
          Canada with the securities commissions in each of the provinces of Canada, other than Quebec. Copies of the preliminary prospectus supplement relating to these securities and final prospectus supplement, when available, may be obtained by
          visiting the SEC's website at <font style="font-size: 9pt; font-family: Verdana, sans-serif; color: #0000FF;"><u>www.sec.gov</u></font>, on SEDAR at <font style="font-size: 9pt; font-family: Verdana, sans-serif; color: #0000FF;"><u>www.sedar.com</u></font>
          or from: Barclays c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or via telephone: (888) 603-5847, or via email: Barclaysprospectus@broadridge.com or RBC Capital Markets, 180 Wellington Street West, 8th Floor,
          Toronto, ON M5J 0C2, Attn: Simon Yeung, or via telephone: (416) 842-5349, or via email at <font style="color: rgb(0, 0, 255);"><u><font style="font-size: 9pt; font-family: Verdana, sans-serif;">simon.yeung@rbc.com</font></u></font> or RBC
          Capital Markets, 200 Vesey Street, 8th&#160;Floor, New York, NY&#160;10281-8098, Attn: Equity Syndicate, or via telephone: (877) 822-4089&#160;or via email: <font style="color: rgb(0, 0, 255);"><u><font style="font-size: 9pt; font-family: Verdana, sans-serif;">equityprospectus@rbccm.com</font></u></font><font style="font-size: 9pt; font-family: Verdana,sans-serif; color: rgb(0, 0, 0);">.</font></font></div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 9pt; font-family: Verdana, sans-serif; font-style: italic;">No securities regulatory authority has either approved or disapproved the contents of this press release. This press release shall
          not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any</font></div>
      <font style="font-family: Verdana,&quot;sans-serif&quot;;"><strong></strong></font><font style="font-family: Verdana,&quot;sans-serif&quot;;"><strong><font style="font-weight: normal;">
            <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: Verdana, 'sans-serif'; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;">1</font></div>
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            <p style="font-size: 9pt; font-style: italic;" class="MsoNormal">province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such
              province, state or jurisdiction.</p>
          </font></strong></font>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 9pt; font-family: Verdana, sans-serif; font-weight: bold;">About Descartes</font></div>
      <div style="text-align: justify;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;">Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity,
          performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay
          transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community.
          Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world.</font></div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 9pt; font-family: Verdana, sans-serif; font-weight: bold;">Cautionary Statement Regarding Forward-Looking Statements</font></div>
      <div style="text-align: justify;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;">This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") including statements
          regarding the proposed public offering, the terms of the offering, the proposed use of proceeds, the underwriters and the availability of the preliminary and final prospectus supplements. Such forward-looking statements involve known and unknown
          risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such
          forward-looking statements. Such factors include, but are not limited to, market conditions, regulatory approvals and the factors and assumptions discussed in the sections entitled "Risk Factors" in the short form base shelf prospectus, the
          preliminary prospectus supplements and the final prospectus supplements, as well as the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the SEC, the Ontario Securities Commission and other securities
          regulatory authorities across Canada, including Descartes' most recently filed interim management's discussion and analysis for the three months ended April 30, 2019. If any such risks actually occur, they could materially adversely affect our
          business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which
          speak only as of the date made. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be
          appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events,
          conditions or circumstances on which any such statement is based, except as required by law.</font></div>
      <div style="text-align: justify;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;"><br>
          <font style="font-size: 9pt; font-family: Verdana, sans-serif;"><br>
          </font><font style="font-size: 9pt; font-family: Verdana, sans-serif; font-weight: bold;">Descartes Investor Contact:</font></font></div>
      <div style="text-align: left;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;">Laurie McCauley +1-519-746-6114 x202358</font></div>
      <div style="text-align: left;"><u><font style="font-size: 9pt; font-family: Verdana, sans-serif;"><font style="font-size: 9pt; font-family: Verdana, sans-serif;">investor@descartes.com</font></font></u></div>
      <div><br>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
