Australian Taxation Office signs 3-year Expense8 contract

• ATO signs 3-year Expense8 contract with options to extend
• Total contract value is $1.95m including GST
• ATO has over 20,000 users, expanding Expense8's government footprint
• Expense8 has 50,000 users within federal government
• 8common has over 195,000 users across 190 government entities

8common Ltd announced that its wholly-owned subsidiary Expense8 has signed a 3-year contract with the Australian Taxation Office (ATO) for a total contract value of $1.95 million including GST. This contract covers Expense8's SaaS, transaction, and related services. The ATO has over 20,000 users, making this a significant deployment for Expense8. The contract includes options for three 1-year extensions and is expected to be recognized over the 3-year term upon go-live. The ATO contract further expands 8common's Commonwealth Government footprint and adds to its base of more than 190 state and federal government entities with over 195,000 users.

Total Contract Value of $1.95m including GST for Expense8 SaaS, transaction and related services over the contract term

Revenue under the contract is expected to be recognized over the 3-year term upon go-live, subject to normal implementation and service delivery timing.