Lightspeed Appoints Ex-Google Executive as Chief Product and Technology Officer

Ryan Tabone joins Lightspeed to lead product and technology development as the leadership team grows.

Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), the all-in-one commerce platform that enables businesses around the world to simplify, grow and deliver exceptional customer experiences, announced today today the appointment of Ryan Tabone as Chief Product and Technology Officer.

Ryan brings impressive expertise in solving large-scale technology challenges, and empowering product and technology teams to keep creativity and innovation at the heart of everything they do.says JP Chauvet, CEO of Lightspeed. Lightspeed solutions are the key to the success of retailers and restaurateurs everywhere, who need us more than ever in today’s dynamic environment. Ryan will play a pivotal role in ensuring the solutions brought to market fuel the success of our customers, while providing new resources to enable them to adapt to the unexpected.

Ryan Tabone joins Lightspeed after many years at Google, where he held several positions, including founding member of the team that created the Chromebook and, most recently, Vice President and General Manager of Google Pay and Google Finance. He has also served as Advisor and Executive-in-Residence for companies in the Other Bets division, including Wing, Intrinsic and more.

I have dedicated my career to solving problems to create fundamental changes in industries for the benefit of businesses and consumerssays Ryan Tabone, chief product and technology officer at Lightspeed. Small and medium-sized businesses, in particular, spend a considerable amount of time on the infrastructure of their business, which prevents them from doing what they love: providing their customers with unique added value. With its suite of products, Lightspeed is well positioned to dramatically simplify merchants’ business tools. I’m very excited about enabling businesses around the world to more effectively serve their customers, online as well as in person, by reducing the effort required to grow and operate their businesses.

For nearly 15 years, Ryan Tabone oversaw the development of several groundbreaking products at Google, including the Chromebook, the G Suite solution, and the Google Finance service. Ryan holds a Bachelor of Science degree from Johns Hopkins University and a Master of Science degree in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology.

About Lightspeed

Powering the commerce that drives the global economy, Lightspeed’s all-in-one commerce platform helps merchants innovate to simplify, grow, and deliver exceptional customer experiences. The cloud-based solution transforms and unifies online and physical operations, multi-channel sales, new location expansion, global payments, financing and connecting to supplier networks.
Founded in Montreal, Canada in 2005, Lightspeed is listed on both the New York Stock Exchange (NYSE: LSPD) and the Toronto Stock Exchange (TSX: LSPD). With teams across North America, Europe and Asia-Pacific, the company serves retail, restaurant and golf businesses in more than 100 countries.

Forward-looking statements

This press release may contain forward-looking information and forward-looking statements, within the meaning of applicable securities laws (the “ forward-looking statements “). Forward-looking statements include information of a predictive nature, depend on or refer to future events and can be recognized by the use of expressions such as “ go », « foresees », « anticipates », « is considering », « planned », « believes », « valued or other similar expressions concerning matters that are not historical facts. These statements are based on the current expectations of Lightspeed’s management and involve various known and unknown risks and uncertainties, including economic factors. Many risks, uncertainties and other factors could cause actual results to differ materially from the forward-looking statements contained in this press release, including, but not limited to, the risk factors mentioned. in our most recent management report as well as under the heading “ Risk factors of our most recent Annual Information Form, and in our other information filings with the Canadian Securities Administrators and the US Securities and Exchange Committee, which may be viewed on SEDAR at www.sedar.com and on EDGAR at www. .sec.gov. Readers are cautioned to carefully consider all of these and other factors before making any decision regarding Lightspeed’s subordinate voting shares and not to place undue reliance on any forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and, although based on certain assumptions that Lightspeed believes are reasonable, actual events and results could differ materially from those expressed or implied by the statements. forward-looking statements made by Lightspeed. Except as required by applicable law, Lightspeed undertakes no obligation to publicly update or revise these forward-looking statements, including as a result of new information or events.

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