• Acquisition of Spatial Vision, a Melbourne-based spatial solutions provider
• Strengthens and diversifies Veris' digital solutions and advisory services
• Expands Veris' reach to key government clients across Australia

Veris Limited (ASX: VRS), a leading digital and spatial data advisory and consulting firm, has executed a Share Sale Agreement to acquire 100% of Spatial Vision Innovations Pty Ltd ('Spatial Vision'), for an enterprise value of up to $3.0 million. Spatial Vision is a Melbourne-based provider of spatial solutions and GIS services to both Government and the private sector. The acquisition will significantly strengthen and diversify Veris' existing broad-based digital solutions and advisory service offering, and expand its reach to key clients across Local, State and Federal Government agencies. Founded in 1999, Spatial Vision is a founder-led company dedicated to addressing spatial, social, and environmental challenges through innovative geospatial solutions and information technology. Spatial Vision's core services include Spatial and GIS Services, Enterprise GIS, and Application Development. The acquisition aligns with Veris' strategy to deliver bespoke end-to-end spatial data driven solutions for its clients through product innovation and value-added insights. The integration of Spatial Vision's capabilities in strategic consulting, spatial data analysis, and GIS services will enhance Veris' existing service offering. The acquisition is expected to be earnings accretive from FY26, with significant operational and financial synergies identified.

Veris expects the acquisition of Spatial Vision to be accretive to its performance from FY26 onwards.

The acquisition of Spatial Vision aligns with Veris' strategy to provide unparalleled digital solutions, consulting and advisory services, and will open new avenues for collaboration and growth, particularly in the government sector.