• Acusensus reaches global settlement with Redflex Traffic Systems
• Acusensus to pay $6m cash and issue 6.1m shares to Verra Mobility
• Acusensus retains ownership of its patent portfolio and can continue using its technology

Acusensus Limited (ASX:ACE) has announced that it has reached a global settlement with Redflex Traffic Systems Pty Ltd (Redflex) in relation to the Federal Court proceedings that Redflex served in June 2025 on Acusensus IP Pty Ltd (a subsidiary of the Company), the Company and Acusensus' Managing Director, Alexander Jannink. The key outcomes of the settlement agreement are: the proceedings will be dismissed with no order as to costs; Acusensus will provide a total settlement package valued at AU$16m to VM Consolidated, Inc., a wholly owned subsidiary of Verra Mobility (NASDAQ:VRRM), comprising a cash component of $6m and 6,136,475 new shares in the Company to be held in voluntary escrow for 12 months; Acusensus IP Pty Ltd continues to be the registered proprietor of its existing worldwide patent portfolio and can continue using its technology unencumbered; Acusensus has agreed to provide a global non-exclusive licence of relevant patents held by Acusensus IP Pty Ltd to relevant Redflex entities and their affiliates; and the parties have released one another from all claims on a worldwide basis related to the dispute. This outcome allows Acusensus to continue delivering its services to its customers and to grow its business without the distraction and ongoing costs of the litigation.