Mr. Chuck Myers reports

QUARTERHILL AND INDIANA DEPARTMENT OF TRANSPORTATION EXPAND PARTNERSHIP WITH $13 MILLION WEIGH-IN-MOTION PROJECTS

Quarterhill Inc. has expanded its long-standing partnership with the Indiana Department of Transportation (INDOT) via two new quantity purchase award (QPA) agreements supporting the continued expansion, maintenance and enhancement of INDOT's weigh-in-motion (WIM) and virtual weigh-in-motion (VWIM) systems. These agreements build on Quarterhill's existing deployments across Indiana and reflect the next phase of the company's work with INDOT.

The QPA agreements, with a combined estimated value of $13-million, will run from May 1, 2026, through April 30, 2030, and provide INDOT with a flexible framework to deploy and scale commercial vehicle monitoring technologies across Indiana's highway network.

Quarterhill will supply equipment, software, installation, maintenance, calibration and system repairs for WIM and VWIM locations statewide. This includes continuing support for previously deployed systems alongside new installations, enabling INDOT to expand its commercial vehicle data and screening programs over time.

"Indiana has established a proactive approach to commercial vehicle data collection and weight compliance, and these new projects will allow us to continue supporting the state's transportation initiatives," said Chuck Myers, chief executive officer of Quarterhill. "With INDOT, we're focused on strengthening Indiana's transportation infrastructure with data-driven solutions that improve roadway safety, enable smarter infrastructure planning and keep freight moving efficiently across the state."

The WIM systems deliver high-accuracy vehicle weight and classification data used for transportation planning, pavement and bridge design, asset management, and freight analysis. These data helps agencies better understand roadway usage, save costs, protect critical infrastructure, improve safety and plan for future demand. VWIM systems build on these capabilities by adding connectivity, image capture and real-time access -- helping agencies improve screening efficiency while allowing compliant trucks to move more efficiently through the network.

As part of this contract framework, INDOT will also have access to Quarterhill's ITHEIA AI-powered, video-based classification technology, which enables accurate vehicle classification using advanced computer vision and machine-learning algorithms without the need for traditional in-road sensors. This provides added flexibility in locations where in-road installations may be difficult or disruptive. When integrated with WIM and VWIM deployments, ITHEIA enhances data quality and system resilience, supporting reliable vehicle classification across a wider range of environments.

About Quarterhill Inc.

Quarterhill is a global leader in the intelligent transportation system (ITS) industry, advancing mobility through smart infrastructure solutions that reduce congestion, improve roadway safety and create more sustainable travel. Each year, Quarterhill's platforms process billions of transactions, perform compliance and safety inspections on millions of commercial vehicles, and enable transportation agencies worldwide to optimize thousands of lanes of traffic to improve travel for everyone. Leveraging advanced artificial intelligence and machine learning technologies, Quarterhill's platform delivers automation and predictive insight to help agencies manage transportation networks more efficiently. By working in close partnership with governments, communities and industry leaders, Quarterhill is building today's connected roadways while shaping the next generation of intelligent, resilient mobility. Quarterhill is listed on the Toronto Stock Exchange under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF.

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