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Lightspeed POS Inc. Files Preliminary Prospectus for Initial Public Offering

Financings

Lightspeed POS Inc. Files Preliminary Prospectus for Initial Public Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES

OR DISSEMINATION IN THE UNITED STATES

MONTRÉAL, QC, February 6, 2019 -- Lightspeed POS Inc. (“Lightspeed” or the “Company”) today

announced that it has filed a preliminary prospectus with the securities regulatory authorities in each of the

provinces and territories of Canada (the “Preliminary Prospectu s”) for a proposed initial public offering of

subordinate voting shares (the “Offering”). The number and pri ce of the subordinate voting shares to be

sold have not yet been determined.

BMO Capital Markets, National Bank Financial Inc. and J.P. Morg an Securities Canada Inc. are acting as

lead underwriters and joint bookrunners for the Offering.

The Preliminary Prospectus contains important information relat ing to the Offering and is still subject to

completion or amendment. The Preliminary Prospectus is availabl e on SEDAR at www.sedar.com. There

will not be any sale or any acceptance of an offer to buy the s ubordinate voting shares until a receipt for

the final prospectus has been issued.

No securities regulatory authority has either approved or disapproved of the contents of this news release.

The subordinate voting shares have not been and will not be registered under the United States Securities

Act of 1933, as amended (the “U.S . Securities Act”), or any sta te securities laws. Accordingly, the

subordinate voting shares may not be offered or sold within the United States unless registered under the

U.S. Securities Act and applicabl e state securities laws or pur suant to exemptions from the registration

requirements of the U.S. Securities Act and applicable state se curities laws. This news release does not

constitute an offer to sell or a solicitation of an offer to bu y any securities of Lightspeed in any jurisdiction

in which such offer, solicitation or sale would be unlawful.

About Lightspeed

Headquartered in Montréal, Canada, Lightspeed provides an easy- to-use, omni-channel commerce-

enabling platform. The Company’s software platform provides its customers with the critical functionalities

they need to engage with consumers, manage their operations, accept payments, and grow their business.

Lightspeed operates globally in approximately 100 countries, empowering single- and multi-location small-

and medium-sized businesses to compete successfully in an omni- channel market environment by

engaging with consumers across online, mobile, social, and phys ical channels. Founded in 2005, the

Company has grown to approximately 700 employees, with global o ffices in Canada, the United States,

Europe, and Australia.

Contact:

Philip Koven

647-496-7858

[email protected]