£4.2m Rail Systems Purchase Order

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.

29 May 2025

Journeo plc

("Journeo", or the "Company")

 £4.2 million rail systems purchase order

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities is pleased to announce a £4.2 million purchase order from Alstom SA, a major supplier within the rail industry, to design and supply CCTV and Automatic Passenger Counting (APC) systems to enhance safety, security and operational efficiency on CrossCountry's Voyager fleets.

The purchase order forms part of a major refurbishment programme being caried out by Alstom for 70 Voyager trains and encompasses 312 cars, comprising 136 Voyager (Class 220) and 176 Super Voyager (Class 221) vehicles respectively.

Alstom has 37 locations, 6,000 employees and is the UK and Ireland's leading supplier of new trains and train services, and a leading signalling and rail infrastructure provider. Alstom have built or are building approximately 40% of the UK mainline train fleet, as well as the entire fleets in service with London Underground and Dublin Luas. Half of all UK rail journeys are made on an Alstom train.

Journeo have already commenced design and initial equipment supply and will support Alstom during the installation phase being carried out at their Derby Litchurch Lane facility which is due for completion in 2027. It is expected that the majority of the revenue from this purchase order will be recognised during FY26 and FY27.

Journeo anticipates that approximately £2 million additional revenue will be generated over five years for SaaS subscriptions and associated support services as the fleet of Voyager trains return to service

Russ Singleton commented, "We are delighted to be working with Alstom at their historic Litchurch Lane facility in Derby as an integral part of this important refurbishment programme of the CrossCountry Voyager fleet. The application of Journeo's technology to help prolong the life of existing rolling stock, alongside its implementation on new trains, demonstrates the flexibility of our solutions and how their use can support sustainable rejuvenation of fleets. The installations are underpinned by Journeo's core IP, enabling the operator to manage operation-critical data, such as occupancy data and securely captured and stored high-definition CCTV evidence through the SaaS Journeo Portal."

A digital copy of this announcement will be available on the Group's website: www.journeo.com.

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Notes to editors:

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports, and the public transport networks that connect them. The Company works extensively with local and combined authorities, Network Rail and many of the largest multinational transport operators, supporting them as systems converge towards a more efficient and sustainable future.

The business has five operating companies:

· Journeo Fleet Systems: CCTV video surveillance to improve passenger & driver safety, telematics for vehicle and driver performance monitoring, real-time communications for remote condition monitoring and automatic passenger counting.

· Journeo Passenger Systems: design, manufacture, installation, and management of hardware and software for electronic public transport information systems, in and around towns, cities, ferry terminals and airports which includes smart-ticketing and wayfinding.

· Infotec: design, advanced manufacture, installation and software management of information displays hardware for rail applications in stations, on-platform and on-vehicle.

· Journeo AS (based in Aarhus, Denmark): full-service provider of Intelligent Transport Systems ("ITS") with customers in Denmark, Sweden and Iceland.

· Journeo AB (based in Stockholm, Sweden): technical services provider to public transport customers in Sweden.

In the last 4 years, the Company has invested over £6 million in research and development, enabling it to design and supply powerful innovative solutions for customers' complex requirements and the demands of modern public transport. With an Internet of Things ("IoT") approach and open standards, together with field-proven and reliable engineering, Journeo is able to offer flexible, scalable products and services that can integrate with existing technology while preparing for future advancements.