Awarded $1.3 Million Contract

Narf Industries plc (LSE: NARF) (OTCQB: NFIN.F), the cybersecurity group specialising in high-end threat intelligence and critical infrastructure security, is pleased to announce that it has won a $1.3 million subcontract from Charles River Analytics ('CRA') for work on the US Government's Intelligence Advanced Research Projects Agency ('IARPA') ReSCIND Programme.

The IARPA programme "Reimagining Cyber Psychology Informed Network Defense (ReSCIND)" looks to increase the time, effort, and resources required to attack network vulnerabilities by more deeply understanding a cyber attacker's decisions and choices.

IARPA invests in high-risk, high-payoff research programmes to tackle some of the most difficult challenges of the agencies and disciplines in the Intelligence Community ('IC'). IARPA collaborates across the IC to address cross-agency challenges, leveraging both operational and research and development expertise from across the IC, and coordinating transition strategies with its IC partners.

NARF is pleased to have been selected by CRA for this transformative project. This collaboration positions NARF alongside a team of leading researchers, contributing its expertise and dedication to advancing the next generation of active defence for critical systems.

Michael E. Locasto, VP, Government Research and Development of NARF said: "This cognitive-based approach establishes a dynamic defence, harnessing psychological insights to proactively counteract potential threats. It moves beyond today's passive measures to sway the balance in favour of our cyber defenders."

Steve Bassi, CEO of NARF said: "This continues our leading-edge research work and deepens our relationship across the U.S. Advanced Research Projects Agencies as we further build a pipeline of next generation government systems and commercial product offerings."

This research is based upon work supported in part by the Office of the Director of National Intelligence (ODNI), Intelligence Advanced Research Projects Activity (IARPA), via N66001-24-C-4501. The views and conclusions contained herein are those of the authors and should not be interpreted as necessarily representing the official policies, either expressed or implied, of ODNI, IARPA, or the U.S. Government. The U.S. Government is authorized to reproduce and distribute reprints for governmental purposes notwithstanding any copyright annotation therein.