Market Update regarding US bank account transaction anomalies investigation

We are providing a further update on our investigation into transaction anomalies at our US subsidiary, Straker Translations Inc. Further investigations have now identified, with a high degree of confidence, misappropriated fund transactions totalling approximately US$3.3 million in FY26 and the first two months of FY27 (an increase of US$0.3 million from previously advised figures), and approximately US$0.7 million across FY23 to FY25. We are assessing, in consultation with our auditor, whether these fraudulent transactions may require restatement of previous financial statements, and we intend to appoint external forensic accountants to further assist the review. Our shares remain suspended from ASX trading pending release of our audited FY2026 Annual Report. Refer to the lodged PDF for the full statement.