• Retracts estimated valuation figures from IP report
• Valuation information not to be relied upon
• Report intended as indicative, assumption-based modelling

ION Video Limited (IOV.ASX) has issued a clarification regarding the independent IP assessment report it released on 11 May 2026. The company advises that the report included prospective financial information in the form of estimated valuation figures for its patent portfolio, derived from financial modelling based on forward-looking assumptions. Following discussions with the ASX, ION has determined to retract these estimated valuation figures and advise investors that the valuation information contained in the report should not be relied upon. The company notes that the valuation component of the report was intended to be presented as indicative, assumption-based modelling, rather than as representing a current or realised market valuation of the portfolio. ION has confirmed that the report has been removed from the company's website pending further review, but may continue to be used in the context of confidential commercial discussions. The company emphasizes that nothing in this announcement affects its ongoing commercialisation activities or continued development of its intellectual property portfolio, and it will continue to comply with its continuous disclosure obligations.