• Transformational combination of Qoria and Aura to establish a world-leading safety and online security platform
• Qoria shareholders to receive 1 Aura CDI for every ~17.2 Qoria shares
• Aura to raise US$75 million through equity placement at A$12.38 per share

Qoria Limited (Qoria) and Aura Consolidated Group Inc. (Aura) have entered into a binding merger implementation deed providing for the acquisition of Qoria by Aura through an Australian scheme of arrangement. The combination will establish a world-leading safety and online security platform for home, work, and school, unlocking cross-market cross-sell potential and innovation scale. Upon completion, Qoria shareholders will receive 1 Aura CHESS Depositary Interest (CDI) for every ~17.2 Qoria ordinary shares. Aura has also received commitments to raise US$75 million through an equity placement at an expected price of ~A$12.38 per share, which equates to an implied price per Qoria share of A$0.72. The newly combined group will trade on the ASX with the ticker symbol AXQ. The transaction is expected to be value accretive to Qoria shareholders and is subject to various conditions, including Qoria shareholder approval, court approval, and regulatory approvals. The Qoria Board unanimously recommends shareholders vote in favor of the scheme.

The combined business has a proforma ARR at 31 December 2025 of ~US$316 million, is targeting ARR growth of >20% in CY26, and is targeting positive free cash flow in CY26 (from Transaction completion).

The combination of Aura and Qoria will establish a world-leading safety and online security platform for home, work, and school, unlocking cross-market cross-sell potential and innovation scale. This platform is expected to deliver immediate value via an enhanced product distribution network, an expanded global portfolio, operational synergies, and robust cross-selling opportunities in a vast, growing addressable market.