Annual General Meeting Statement

Acuity (AIM: ACRM), the software group focused on cybersecurity risk management, announces that at the Annual General Meeting to be held later today, Angus Forrest, Chair, will read the following statement to the meeting.

"2025 was a year of change, with the new management team led by David Rajakovich focused on improving the financial performance and revitalising the business, which they achieved by a combination of a material reduction in costs, focusing the business on risk management in the cybersecurity sector, and continued product development. Key achievements for the year included:

The operating subsidiary has been trading profitably since October 2025, stopping its previous significant losses.

Focus on risk management in the cybersecurity sector building on the strength of existing installed user base.

Emphasis on leadership and achievement of key goals.

Development of new software - giving a wider product range with new technology to broaden market appeal.

Launch in autumn 2025 of Vendor Management Hub ("VMH"), an entry level product which helps protect against cyber-attacks via trusted third-party suppliers. This has been well received by users, and has already recovered its development costs.

Development of STREAM

®

Cloud, a SaaS version of the proven STREAM

®

platform designed for mid-market commercial organisations which was launched in March 2026. STREAM

®

Cloud features fast, easy onboarding for both direct customers and channel partners to deploy the product with minimal support from Acuity. The product represents the Group's first purpose-built product for the private sector mid-market.

The focus for 2026, utilising the recently secured equity funding, is to grow the number of customers by securing new orders for the Group's software products. This should be achieved by a combination of:

Revitalised sales and marketing efforts to grow pipeline and secure orders by focusing on:

Opportunities for direct sales to mid-market commercial organisations; and

Partnerships with cyber security specialist systems consultants, integrators and resellers.

Securing the existing pipeline of public sector / defence related contracts in the second half of 2026.

Completing the development of the new Risk OS software which is expected to be launched in the fourth quarter of 2026.

Risk OS is a next generation AI-native product that will provide Chief Information Security Officers ("CISOs") with far greater visibility and control over cyber risk.

Leveraging artificial intelligence to drive operational efficiency.

The Group has already seen the first positive signs of momentum in the sales of STREAM

®

Cloud as demonstrated by the first sale of the software to a leading provider of funeral services operating throughout the UK as announced on 13 July 2026.

The effect of success in 2026 should be a virtuous circle of securing new customer orders, further product development, and continued investment in sales and marketing.

The emphasis in 2026 is to build the customer base in the UK and through partners in Europe. Stronger financials in turn would enable investment in future growth in North America during 2027, which is the largest global market."