<SEC-DOCUMENT>0001823306-24-000057.txt : 20241202
<SEC-HEADER>0001823306-24-000057.hdr.sgml : 20241202
<ACCEPTANCE-DATETIME>20241202071014
ACCESSION NUMBER:		0001823306-24-000057
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20241202
FILED AS OF DATE:		20241202
DATE AS OF CHANGE:		20241202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lightspeed Commerce Inc.
		CENTRAL INDEX KEY:			0001823306
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				981137623
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39498
		FILM NUMBER:		241517397

	BUSINESS ADDRESS:	
		STREET 1:		700 SAINT-ANTOINE STREET EAST, SUITE 300
		CITY:			MONTREAL
		STATE:			Z4
		ZIP:			H2Y 1A6
		BUSINESS PHONE:		(514) 907-1801

	MAIL ADDRESS:	
		STREET 1:		700 SAINT-ANTOINE STREET EAST, SUITE 300
		CITY:			MONTREAL
		STATE:			Z4
		ZIP:			H2Y 1A6

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Lightspeed POS Inc.
		DATE OF NAME CHANGE:	20200901
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>december220246-k.htm
<DESCRIPTION>6-K
<TEXT>
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<title>Document</title></head><body><div id="i417f52c8210d49c7a1f687bbb7e0d7a8_1"></div><div style="min-height:112.47pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:6pt;padding-right:-9.63pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:3pt double #000000;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;padding-right:-4.1pt;text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:252%">UNITED STATES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:252%">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:252%">Washington, D.C. 20549</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:252%">FORM 6-K</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </font></div><div style="margin-bottom:6pt;padding-right:-12.12pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:29.884%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:29.884%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.612%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.059%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">For the month of</font></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">December</font></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">2024</font></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Commission File Number</font></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">001-39498</font></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;</font></td></tr></table></div><div style="margin-bottom:6pt;padding-right:-9.63pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:2.65pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:826%">&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:24pt;font-weight:700;line-height:826%">LIGHTSPEED COMMERCE INC.</font></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">(Translation of registrant&#8217;s name into English)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-top:2.65pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">700 Saint-Antoine Street East, Suite 300</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Montr&#233;al, Qu&#233;bec, Canada </font></div><div style="margin-bottom:1.5pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">H2Y 1A6</font></div></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">(Address of principal executive offices)</font></td></tr></table></div><div style="margin-top:6pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:187%">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F&#58;</font></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:47.660%"><tr><td style="width:1.0%"></td><td style="width:31.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.691%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:31.415%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.079%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Form 20-F</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:712%">&#160;</font><font style="font-family:'Wingdings',sans-serif;font-size:10pt;font-weight:400;line-height:712%"></font></div></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Form 40-F</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Wingdings',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#9746;</font></td></tr></table></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark if the registrant is submitting the Form&#160;6-K in paper as permitted by Regulation&#160;S-T Rule&#160;101(b)(1)&#58; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark if the registrant is submitting the Form&#160;6-K in paper as permitted by Regulation&#160;S-T Rule&#160;101(b)(7)&#58;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div><font><br></font></div><div style="margin-bottom:6pt;padding-right:-9.63pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:3pt double #000000;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;padding-right:-4.1pt;text-align:center"><font><br></font></div><div style="height:112.47pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="i417f52c8210d49c7a1f687bbb7e0d7a8_4"></div><hr style="page-break-after:always"><div style="min-height:112.47pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:826%">DOCUMENTS INCLUDED AS PART OF THIS REPORT</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:7.945%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:89.855%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Exhibit</font></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;</font></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;</font></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:0.02pt"><font style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;text-decoration:underline"><a href="dec22024preng.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;text-decoration:underline">99.1</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:133%">Lightspeed Commerce Announces Strategic Reorganization, Continues to Optimize for Profitable Growth</font></div></td></tr></table></div><div style="margin-top:6pt"><font><br></font></div><div style="margin-top:6pt"><font><br></font></div><div style="margin-top:6pt"><font><br></font></div><div style="height:112.47pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:826%">2</font></div></div></div><div id="i417f52c8210d49c7a1f687bbb7e0d7a8_7"></div><hr style="page-break-after:always"><div style="min-height:112.47pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:115%">SIGNATURES</font></div><div style="text-align:center"><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">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.</font></div><div><font><br></font></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:86.695%"><tr><td style="width:1.0%"></td><td style="width:22.677%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.727%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.308%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.319%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:47.469%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Lightspeed Commerce Inc.</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">(Registrant)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">December 2, 2024</font></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:1.5pt;margin-top:2.65pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:146%">&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:146%">By</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:146%">&#58;</font></div></td><td colspan="6" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">&#160;&#47;s&#47; Dan Micak</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Name&#58;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">&#160;Dan Micak</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt 2px 1.02pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Title&#58;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:1.5pt;margin-top:2.65pt;padding-left:3.15pt;text-indent:-3.15pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;Chief Legal Officer</font></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt"><font><br></font></div><div style="height:112.47pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:826%">3</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>dec22024preng.htm
<DESCRIPTION>EX-99.1
<TEXT>
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<!-- Document created using Wdesk -->
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<title>Document</title></head><body><div id="ib312e115fd8d45eead0d419a55c6d1cd_1"></div><div style="min-height:89.28pt;width:100%"><div><font><br></font></div></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Lato',sans-serif;font-size:15pt;font-weight:700;line-height:133%">Lightspeed Commerce Announces Strategic Reorganization, Continues to Optimize for Profitable Growth</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Lato',sans-serif;font-size:10.5pt;font-style:italic;font-weight:400;line-height:133%">Savings from the reorganization to be redeployed across growth areas of Lightspeed&#8217;s business</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Lato',sans-serif;font-size:10.5pt;font-style:italic;font-weight:400;line-height:133%">Lightspeed reaffirms financial outlook for fiscal 2025 revenue and Adjusted EBITDA&#185;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:700;line-height:133%">MONTREAL, December 2, 2024 &#47;PRNewswire&#47; </font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">- </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">Lightspeed Commerce Inc.</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%"> (NYSE &#124; TSX&#58; LSPD) (&#8220;</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:700;line-height:133%">Lightspeed</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">&#8221; or the &#8220;</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:700;line-height:133%">Company</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">&#8221;), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced a reorganization to further optimize its operations toward executing on the Company&#8217;s focused profitable growth strategy. This initiative is designed to prioritize resources for strategic areas of the business, maximizing the Company&#8217;s long-term growth opportunity, and redefining the organizational structure and operations of other areas of the business.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">The reorganization will impact approximately 200 individuals, with the resulting savings being redeployed across other areas of Lightspeed's business, in line with the Company's strategic objective of further driving profitable growth. Lightspeed expects that the majority of the restructuring charges will be incurred in the third quarter of fiscal 2025.  </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">&#8220;As we discussed on our Second Quarter Earnings Call on November 7, Lightspeed is focused on growing where we have the strongest product-market fit and right-to-win, particularly in North American retail and EMEA hospitality. We will continue to deliver exceptional services and products to all our customers, with a focus on reducing the complexity of our business and strengthening our competitive positioning,&#8221; said Lightspeed Founder and Chief Executive Officer, Dax Dasilva.  &#8220;Since I returned as CEO, Lightspeed has been working harder to deliver on our profitable growth strategy. Today&#8217;s announcement reaffirms our commitment to building an organization that can fulfill its true potential.&#8221; </font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">The Company continues to be engaged in its previously announced review of strategic alternatives. The reorganization announced today is part of Lightspeed&#8217;s optimization efforts aimed at achieving profitable growth, and does not affect, or inhibit, the ongoing strategic review process. There can be no assurances given, at this time, as to the outcome of this strategic review.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">Lightspeed reaffirms its previously-established revenue and Adjusted EBITDA financial outlook as set out in its press release dated November 7th, 2024.</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:7.15pt;font-weight:400;line-height:133%;position:relative;top:-3.85pt;vertical-align:baseline">1</font></div><div style="border-bottom:1pt solid #000000;margin-bottom:5pt;margin-top:10pt;opacity:1;width:150pt"></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:7.15pt;font-weight:400;line-height:120%;position:relative;top:-3.85pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The purpose of the financial outlook is to provide the reader with a description of management's expectations regarding our financial performance and may not be appropriate for other purposes. See the section entitled &#34;Financial Outlook&#34;, &#34;Financial Outlook Assumptions&#34; and &#34;Forward-Looking Statements&#34; in the Company's earnings press release dated November 7, 2024, for the assumptions, risks and uncertainties related to Lightspeed's outlook, and the section entitled &#34;Forward-Looking Statements&#34; of this press release. The financial outlook is fully qualified by such sections.</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:89.28pt;width:100%"><div><font><br></font></div></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:700;line-height:133%;text-decoration:underline">About Lightspeed </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">Powering the businesses that are the backbone of the global economy, Lightspeed&#8217;s one-stop commerce platform helps merchants innovate to simplify, scale, and provide exceptional omnichannel 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.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">Founded in Montr&#233;al, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange (NYSE&#58; LSPD) (TSX&#58; LSPD). With teams across North America, Europe, and Asia Pacific, the company serves retail, hospitality, and golf businesses in over 100 countries.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">Follow us on social media&#58; </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">LinkedIn</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">, </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">Facebook</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">, </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">Instagram</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">, </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">YouTube</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">, and </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">X</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:700;line-height:133%;text-decoration:underline">Forward-Looking Statements</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws (&#34;</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:700;line-height:133%">forward-looking statements</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">&#34;), including information regarding Lightspeed's fiscal 2025 financial outlook (including revenue and Adjusted EBITDA outlook), reorganization and cost reduction initiatives, Lightspeed&#8217;s review of strategic alternatives, the process relating to such review and potential outcomes thereof. 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 &#34;will&#34;, &#34;expects&#34;, &#34;anticipates&#34;, &#34;intends&#34;, &#34;plans&#34;, &#34;believes&#34;, &#34;estimates&#34; 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 &#34;Risk Factors&#34; 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 </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">www.sedarplus.com</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%"> and on EDGAR at </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">www.sec.gov</font><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">. 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.</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:89.28pt;width:100%"><div><font><br></font></div></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">For further information&#58; Lightspeed Media Relations - media&#64;lightspeedhq.com&#59; </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%">Investor Relations&#58; Gus Papageorgiou, Lightspeed Investor Relations - </font><font style="color:#1155cc;font-family:'Lato',sans-serif;font-size:11pt;font-weight:400;line-height:133%;text-decoration:underline">investorrelations&#64;lightspeedhq.com</font></div><div style="padding-left:36pt"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
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