Update on legal proceedings

BirdDog Technology Limited (ASX: $BDT) has filed a defence and counterclaim in the Federal Court of Australia in response to the allegations made by Bolin. Bolin alleges that BirdDog breached its supply agreement, repudiated purchase orders, and engaged in misleading or deceptive conduct, seeking approximately US$11M in damages. BirdDog rejects all allegations and counterclaims for loss and damages against Bolin. The legal proceedings are ongoing, and the Company will continue to provide updates as they progress.

Executive commentary

We are committed to vigorously defending ourselves against the allegations made by Bolin. We firmly believe that Bolin breached the relevant purchase orders and engaged in misleading or deceptive conduct. We have filed a defence and counterclaim to protect our rights and seek compensation for the losses incurred. We will continue to focus on our core business and provide high-quality video solutions to our customers while addressing these legal matters.

Summary of legal proceedings

BirdDog Technology Limited (ASX: $BDT) has taken a firm stance in response to the legal proceedings initiated by Bolin. The Company has filed a defence and counterclaim in the Federal Court of Australia, disputing all allegations and seeking compensation for the losses incurred. The ongoing legal proceedings reflect BirdDog's commitment to upholding its supply agreements and addressing any misleading or deceptive conduct. As the matters progress, BirdDog will continue to keep the market informed. Despite the legal challenges, BirdDog remains dedicated to developing and delivering broadcast-quality video technology solutions to a diverse range of market segments, including Professional Video, Broadcast, Audio Visual, and large private and public sector organizations.