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This Notice was sent to you pursuant to Court Order because you or someone in your family or an investment account for which you serve as custodian may have (1) held Centricus Securities as of the July 26, 2021 record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the Merger; (2) purchased or otherwise acquired Arqit Securities in connection with the Merger or on a U.S. stock exchange during the Class Period; or (3) purchased or otherwise acquired Arqit Securities pursuant or traceable to the effective Offering Materials filed with the SEC for the September 2, 2021 Offering of Arqit Securities in connection with the Merger.
This Notice explains the class action lawsuit, the Settlement, Settlement Class Members’ legal rights in connection with the Settlement, what benefits are available, who is eligible for them, and how to get them.
The Court in charge of the Action is the United States District Court for the Eastern District of New York, and the case is known as In re Arqit Quantum Inc. Securities Litigation, No. 1:22-cv-02604-PKC-SDE (E.D.N.Y.). The case has been assigned to the Honorable Pamela K. Chen. The individuals representing the Settlement Classes are the Plaintiffs; and the company, and individuals they sued and who have now settled are called the Defendants.
On September 8, 2023, Plaintiffs filed a Consolidated Class action Complaint for Violations of the Federal Securities Laws (ECF 43, the “Complaint”), which alleges, among other things, that, in connection with the Merger and during the September 7, 2021 through December 13, 2022 putative Class Period, Defendants misrepresented that: (a) Arqit had “pioneered a unique quantum encryption technology which makes the communications links of any networked device secure against current and future forms of cyber-attack – even an attack from a quantum computer;” (b) Arqit’s technology and software “has been launched live to customers” and is “being sold to and used by customers today;” (c) QuantumCloud, as designed to include the use of satellites, would create encryption keys “that are low cost,” “in infinite volumes at minimal cost,” and was “easily scalable,” including that Arqit itself was “capable of hyper scaling” its operations; (d) QuantumCloud “solves all previously known problems of quantum key distribution”; and (e) Arqit had a “backlog of $130 million of binding revenue contracts…where the revenues will definitely be delivered.” E.g. ECF 43 ¶ 9.
The Complaint alleged claims for (1) violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (“Exchange Act”) and SEC Rule 10b-5 (collectively, “Section 10(b) Claims”) on behalf of the Section 10(b) Class (as defined below); (2) violations of Sections 11, 12(a)(2), and 15 ( “Securities Act Claims”) of the Securities Act of 1933 (“Securities Act”) on behalf of the Securities Act Class (as defined below); and (3) violations of Sections 14(a) and 20(a) of the Exchange Act and SEC Rule 14a-9 (“Section 14(a) Claims”) on behalf of the Section 14(a) Class (as defined below).
The Complaint alleges that the truth concerning the Defendants’ alleged false and misleading statements was first revealed through a corrective disclosure on April 18, 2022, when, during pre-market hours, the Wall Street Journal published an Article titled “British Encryption Startup Arqit Overstates Its Prospects, Former Staff and Others Say” (“WSJ Article”). The Complaint further alleges that the WSJ Article revealed, based on interviews with “former employees and other people familiar with the company, and documents viewed by” the WSJ: (a) when Arqit stock started trading in September 2021, “its signature product was an early-stage prototype unable to encrypt anything in practical use,” “[n]o commercial customer was using Arqit’s encryption system with live data … and the system couldn’t meaningfully use any of the common internet protocols required to do nearly anything online,” and “its revenue consisted of a handful of government grants and small research contracts;” (b) in April 2021, shortly before the Merger was announced, “Arqit’s chief revenue officer [(“CRO”)] resigned after raising concerns with [Defendant Williams] that [Defendant Williams] was overstating contracts and giving unrealistic revenue projections to potential investors;” and (c) “British cybersecurity officials questioned the viability of Arqit’s proposed approach to encryption technology” in the summer of 2020. Complaint ¶ 189. On April 18, 2022, Arqit shares fell $2.57 per share, or 17%, closing at $12.49 per share, and Arqit warrants fell $1.4479 per warrant, or 37.6%, closing at $2.4021 per warrant. Complaint ¶ 190.
The Complaint also alleges that the truth concerning the Defendants’ alleged false and misleading statements was also revealed through a corrective disclosure on December 14, 2022, when, during pre-market hours, Arqit announced in its Annual Report for fiscal year ended September 30, 2022 (“2022 20-F”), a press release, and an investor conference call, that it had abandoned its quantum satellite technology, due in part to excessive cost, contrary to prior claims it was “low cost” and “solves all previously known problems” of quantum key distribution. Complaint ¶¶ 201-206. On December 14, 2022, Arqit shares fell $1.10 per share, or 17.6%, closing at $5.15 per share, and Arqit warrants fell $0.418 per warrant, or 34.8%, closing at $0.782 per warrant. Complaint ¶ 207.
Defendants deny each and all of the claims and contentions of wrongdoing alleged by Plaintiffs in the Action, as well as any and all allegations of fault, liability, wrongdoing, or damages whatsoever arising out of any of the conduct, statements, acts, or omissions that have been alleged, or that could have been alleged, in the Action. Defendants contend that they did not make any materially false or misleading statements, that they disclosed all material information required to be disclosed by the federal securities laws, and that, as relevant to Plaintiffs’ Section 10(b) Claims, any alleged misstatements or omissions were not made with the requisite intent or knowledge of wrongdoing. Defendants also contend that any losses allegedly suffered by Members of the Settlement Classes were not caused by any allegedly false or misleading statements by them. Defendants continue to believe that the claims asserted against them in the Action are without merit and that the Action itself should not be certified as a class action for purposes of trial or adjudication of liability and damages. Defendants also maintain that they have meritorious defenses to all claims that were raised or could have been raised in the Action.
On January 12, 2024, the Defendants moved to dismiss the Complaint. The motion to dismiss made numerous legal arguments as to why the allegations of the Complaint were not sufficient, including that the alleged statements were not false and misleading, the Plaintiffs had not properly pled scienter – an intent to defraud – as required by Section 10(b), and that the Plaintiffs did not have standing to bring certain claims. Plaintiffs opposed that motion. All motion papers were filed with the Court on April 26, 2024. On March 28, 2025, the Court issued a Memorandum and Order denying Defendants’ motion to dismiss in its entirety. While the Court denied the motion to dismiss, such a decision concerns only the sufficiency of the Complaint and is not a determinative ruling on the merits in favor of the Plaintiffs or the Defendants.
The Court has not decided in favor of Defendants or of the Plaintiffs and the Classes. Instead, both sides agreed to the Settlement to avoid the distraction, costs, and risks of further litigation, and Plaintiffs agreed to the Settlement in order to ensure that Settlement Class Members will receive compensation.
The Court directed that everyone who falls within at least one of the following Settlement Classes is a Settlement Class Member:
(a) “Section 14(a) Class”: all beneficial holders of Centricus Class A ordinary shares and Centricus units as of the July 26, 2021 record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the Merger, which resulted in the public listing of Arqit’s ordinary shares and warrants on the NASDAQ Global Markets exchange (“NASDAQ”) on September 7, 2021;
(b) “Section 10(b) Class”: all persons or entities who purchased or otherwise acquired Arqit Securities in connection with the Merger or on a U.S. stock exchange between September 7, 2021 and December 13, 2022, inclusive (the Class Period); and
(c) “Securities Act Class”: all persons or entities who purchased or otherwise acquired Arqit Securities pursuant or traceable to the effective Offering Materials filed with the SEC for the September 2, 2021 Offering of Arqit Securities in connection with the Merger.
Excluded from the Settlement Classes are Defendants, the current and former officers, directors, and employees of Arqit Quantum, Arqit Limited, and Centricus, (the “Excluded Persons”), members of Defendants’ and Excluded Persons’ immediate families, legal representatives, heirs, successors or assigns, D2BW Limited, Notion Capital Managers LLP, Notion Capital II GP LLP, NML Limited, MNL Nominees Limited, Centricus Heritage LLC, the Heritage Group, any other entity in which Defendants or the Excluded Persons have or had a controlling interest, and any Settlement Class Member who timely files a request for exclusion from the Settlement Classes in accordance with the provisions of the Preliminary Approval Order and the requirements set forth in question 11 below (a “Request for Exclusion”) that is accepted by the Court.
Please Note: Receipt of this Notice or the Postcard Notice does not mean that you are a Settlement Class Member or that you will be entitled to receive a payment from the Settlement. If you are a Settlement Class Member and you wish to be eligible to participate in the distribution of proceeds from the Settlement, you are required to submit the Proof of Claim that is either included with this Notice or available on the Settlement Website, and the required supporting documentation, such as broker confirmations or monthly or yearly brokerage statements, as set forth therein postmarked or submitted online on or before June 22, 2026.
If you are still not sure whether you are a Settlement Class Member, you can ask for free help. You can contact the Claims Administrator toll-free at (833) 754-5090, or you can fill out and return the Proof of Claim form enclosed with this Notice package, to see if you qualify.
The Settlement provides that, in exchange for the release of the Released Plaintiffs’ Claims (defined below) and dismissal of the Action, Defendants have agreed to provide consideration consisting of seven million dollars ($7,000,000) in cash. The Settlement Amount will be deposited with the Escrow Agent and, after deduction of any Taxes and Tax Expenses, any Notice and Administration Costs, and any Fee and Expense Award, will be distributed pro rata to Settlement Class Members who submit valid Proof of Claim forms, in accordance with the Court-approved Plan of Allocation. The Plan of Allocation is described in more detail at page [16-27] of this Notice.
Your share of the Net Settlement Fund will depend on several things, including the total claims for Arqit Securities represented by the valid Proof of Claim forms that Settlement Class Members send in, compared to the value of your claim, all as calculated under the Plan of Allocation discussed below.
To be eligible to receive a payment from the Settlement, you must submit a Proof of Claim form. A Proof of Claim form may be downloaded here. Read the instructions carefully, fill out the Proof of Claim, include all the documents the form asks for, sign it, and mail or submit it online so that it is postmarked or received no later than June 22, 2026. The Proof of Claim form may be submitted online at www.arqitsecuritiessettlement.com.
The Court will hold a Settlement Hearing on June 1, 2026, at 2:00 p.m., to decide whether to approve the Settlement. If the Court approves the Settlement, there might be appeals. It is always uncertain whether appeals can be resolved, and if so, how long it would take to resolve them. It also takes time for all the Proofs of Claim to be processed. Please be patient.
Unless you timely and validly exclude yourself, you are staying in the Settlement Classes, and that means you cannot sue, continue to sue, or be part of any other lawsuit against Defendants or Defendants’ Releasees about the Released Plaintiffs’ Claims (as defined below) in this case. It also means that all of the Court’s orders will apply to you and legally bind you. If you remain a Settlement Class Member, and if the Settlement is approved, you will give up all “Released Plaintiffs’ Claims” (as defined below), including “Unknown Claims” (as defined below), against the “Defendants’ Releasees” (as defined below):
- “Defendants’ Releasees” means Defendants and all of Defendants’ past and present officers, directors, employees, insurers, reinsurers, parents, subsidiaries, affiliates, successors, representatives, auditors, attorneys, underwriters, and agents, and the heirs, predecessors, and assigns of the foregoing.
- “Effective Date” means the first date by which all of the following events and conditions have been met/occurred: (a) the Court has entered the Preliminary Approval Order; (b) the Settlement Amount has been deposited into the Escrow Account; (c) Arqit has not exercised its option to terminate the Settlement Agreement pursuant to the Supplemental Agreement; and (d) the Court has entered the Judgment, and the Judgment has become Final.
- “Plaintiffs’ Releasees” means Plaintiffs, Plaintiffs’ Counsel, and all other Settlement Class Members, and their respective past and present officers, directors, employees, insurers, investigators, confidential witnesses referred to in the Complaint, reinsurers, subsidiaries, affiliates, successors, representatives, auditors, attorneys, and agents, and the heirs, predecessors, and assigns of the foregoing.
- “Released Claims” means the Released Defendants’ Claims and Released Plaintiffs’ Claims, including Unknown Claims.
- “Released Defendants’ Claims” means any and all claims and causes of action of every nature and description whatsoever, including both known claims and Unknown Claims, against Plaintiffs’ Releasees that arise out of or relate in any way to the institution, prosecution, or settlement of the claims against Defendants in the Litigation. “Released Defendants’ Claims” shall not include, and nothing in the Settlement Agreement or the Judgment shall release or affect, any claims, demands, rights, or causes of action by any of Defendants’ Releasees to effectuate the protections from liability granted hereunder or otherwise enforce the terms of the Settlement Agreement or the Judgment.
- “Released Parties” means Defendants’ Releasees and Plaintiffs’ Releasees.
- “Released Plaintiffs’ Claims” means the Settlement Class Claims, including Unknown Claims.
- “Settlement Class Claims” means any and all claims, demands, losses, rights, and causes of action of every nature and description, whether known or Unknown, whether arising under federal, state, common, or foreign law, that Plaintiffs or any other Member of the Settlement Classes (a) asserted in the Complaint, or (b) could have asserted in the Complaint or another action, or could in the future assert in any court or forum that (i) arise out of or relate to any of the allegations, transactions, facts, matters, occurrences, representations or omissions involved, set forth, or referred to in the Complaint and (ii) relate in any way, directly or indirectly, to the purchase or acquisition of the Company’s ordinary shares or warrants, or those of the Company’s predecessor, Centricus, the voting of Centricus’s Class A ordinary shares in connection with the Merger, or the decision to hold Centricus Securities through the Merger. “Settlement Class Claims” shall not include, and the release of the Settlement Class Claims shall not cover, include, or release (1) any claims relating to the enforcement of the Settlement Agreement; (2) any claims of any person or entity that submits a Request for Exclusion from the Settlement Classes that is accepted by the Court; or (3) any ERISA or derivative claims.
- “Unknown Claims” in reference to Released Claims means and includes any and all Settlement Class Claims that Plaintiffs or any Settlement Class Member do not know or suspect to exist in his, her or its favor at the time of the release of the Released Parties which, if known by him, her or it, might have affected his, her or its decision(s) with respect to the Settlement, or might have affected his, her or its decision not to object to the Settlement or seek exclusion from the Settlement Classes.
With respect to the Released Claims, the Parties stipulate and agree that upon the Effective Date, each Settlement Class Member and other Released Party shall be deemed to have waived, and by operation of the Judgment shall have expressly waived, any and all provisions, rights and benefits conferred by California Civil Code § 1542, or any law of any state or territory of the United States or principle of common law, that is similar, comparable, or equivalent to California Civil Code § 1542, which provides:
- A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.
The Parties may hereafter discover facts in addition to or different from those which he, she or it now knows or believes to be true with respect to the subject matter of the Released Claims, but Plaintiffs shall expressly, fully, finally, and forever settle and release, and each of Plaintiffs’ Releasees, including each Settlement Class Member, upon the Effective Date, shall be deemed to have, and by operation of the Judgment shall have, fully, finally, and forever settled and released, and Defendants shall expressly, fully, finally, and forever settle and release, and each of Defendants’ Releasees, upon the Effective Date, shall be deemed to have, and by operation of the Judgment shall have, fully, finally, and forever settled and released any and all Released Claims, in each case known or Unknown, suspected or unsuspected, contingent or non-contingent, disclosed or undisclosed, matured or unmatured, whether or not concealed or hidden, which now exist, or heretofore have existed, upon any theory of law or equity now existing or coming into existence in the future, including, but not limited to, conduct which is negligent, intentional, with or without malice, or a breach of any duty, law or rule, without regard to the subsequent discovery or existence of such different or additional facts. The Parties acknowledge, and the Settlement Class Members and the other Released Parties, by operation of the Judgment, shall be deemed to have acknowledged, that the foregoing waiver and inclusion of “Unknown Claims” in the definition of Released Claims was separately bargained for and is a material element of the Settlement of which these releases are a part.
EXCLUDING YOURSELF FROM THE CLASSES
If you do not want to participate in this Settlement, and you want to keep the right to potentially sue the Defendants and the other Defendants’ Releasees, on your own, about the claims being released by the Settlement, then you must take steps to remove yourself from the Settlement. This is called excluding yourself – or is sometimes referred to as “opting out.” If you are requesting exclusion because you want to bring your own lawsuit based on the matters alleged in this Action, you may want to consult an attorney and discuss whether any individual claim that you may wish to pursue would be time-barred by the applicable statutes of limitation or repose.
- “Defendants’ Releasees” means Defendants and all of Defendants’ past and present officers, directors, employees, insurers, reinsurers, parents, subsidiaries, affiliates, successors, representatives, auditors, attorneys, underwriters, and agents, and the heirs, predecessors, and assigns of the foregoing.
To exclude yourself from the Classes and the Settlement, you must send a letter or other document by First-Class Mail, overnight carrier, or hand deliver the letter, stating that you “request exclusion from the Classes in the Arqit Quantum Settlement.” The Request for Exclusion must include (a) the name, address, and telephone number of the Person seeking exclusion; (b) the caption of the Action: In re Arqit Quantum Inc. Securities Litigation, No. 1:22-cv-02604-PKC-SDE (E.D.N.Y.); (c) a list identifying (i) all holdings of Centricus Class A common stock or Centricus units by the Person requesting exclusion as of the July 26, 2021 record date for the special meeting of shareholders on August 31, 2021 to consider approval of the Merger, (ii) all transactions in Centricus Securities by the Person requesting exclusion between July 26, 2021 and September 2, 2021, and (iii) all Arqit Securities received by the Person requesting exclusion through the Merger and all transactions in Arqit Securities by the Person requesting exclusion during the Class Period; (d) for each transaction listed in section (c) of this paragraph, the date of each transaction and the price of each transaction; (e) documentation sufficient to evidence each holding and transaction listed in (c) and (d) of this paragraph; and (f) a statement that the Person wishes to be excluded from the Settlement Classes. Any Request for Exclusion must be in writing and signed under penalty of perjury by the beneficial owner(s) of the shares of Centricus Securities or Arqit Securities that are the subject of the Request for Exclusion. You must submit your exclusion request so that it is received no later than twenty-one (21) calendar days prior to the Settlement Hearing, i.e., May 11, 2026 to:
Arqit Securities Litigation
EXCLUSIONS
c/o Kroll Settlement Administration
PO Box 225391
New York, NY 10150-5391
If you ask to be excluded, you will not get any payment from the Settlement, and you cannot object to the Settlement. You will not be legally bound by anything that happens in this lawsuit, and you may be able to sue the Defendants and the other Released Parties about the Released Claims in the future.
No. Unless you exclude yourself, you give up any rights you may potentially have to sue the Defendants and the other Defendants’ Releasees for any and all Released Plaintiffs’ Claims. If you have a pending lawsuit against the Defendants’ Releases, speak to your lawyer in that case immediately. You must exclude yourself from the Settlement Classes in this Action to continue your own lawsuit. Remember, the exclusion deadline is May 11, 2026.
No. If you exclude yourself, you should not send in a Proof of Claim to ask for any money. But you may have the right to potentially sue or be part of a different lawsuit against the Defendants and the other Defendants’ Releasees.
The Court ordered that the law firms of Wolf Popper LLP and Levi & Korsinsky, LLP represent the Settlement Class Members, including you. These lawyers are called Plaintiffs’ Counsel. If you want to be represented by your own lawyer, you may hire one at your own expense.
Plaintiffs’ Counsel will apply to the Court for a Fee and Expense Award for (a) an award of attorneys’ fees not to exceed one third (1/3) of the Settlement Amount, and (b) expenses, costs and charges in an amount not to exceed $175,000 in connection with prosecuting the Litigation, plus interest on such fees and expenses at the same rate as earned by the Settlement Fund. The Fee and Expense Application will also ask the Court to award PSLRA Reimbursement Awards to each Plaintiff in an amount not to exceed $7,500 for Lead Plaintiff Weeks and $5,000 each for Named Plaintiffs Hagemeister, Lack and Littlejohn, to reimburse the Plaintiffs for their reasonable costs and expenses (including lost wages) directly relating to the representation of the Settlement Classes. Such sums as may be approved by the Court will be paid from the Settlement Fund.
If you are a Settlement Class Member, you can comment on or object to the proposed Settlement, the proposed Plan of Allocation and/or the Fee and Expense Application. You can write to the Court setting out your comment or objection. The Court will consider your views. To comment or object, you must send a letter or other document saying that you wish to comment on or object to the proposed Settlement in the Arqit QuantumInc. Securities Litigation Settlement. Any objection must (a) state the name, address and telephone number of the Settlement Class Member objecting and must be signed personally under penalty of perjury by the Settlement Class Member; (b) state the caption of the Action: In re Arqit Quantum Inc. Securities Litigation, No. 1:22-cv-02604-PKC-SDE (E.D.N.Y.); (c) contain a statement of the Settlement Class Member’s objection or objections, and the specific reasons for each objection, including any legal and evidentiary support the Settlement Class Member wishes to bring to the Court’s attention and whether the objections apply only to the objector, a specific subset of the Settlement Classes, or to all Settlement Class Members; (d) contain a list identifying (i) all Centricus Class A common stock or Centricus units held by the objecting Settlement Class Member as of the July 26, 2021 record date for the special meeting of shareholders on August 31, 2021 to consider approval of the Merger, (ii) all transactions in Centricus Securities by the objecting Settlement Class Member between July 26, 2021 and September 2, 2021, and (iii) all Arqit Securities received by the objecting Settlement Class Member through the Merger and all transactions in Arqit Securities by the Objecting Settlement Class Member during the Class Period; (e) for each transaction listed in section (d) of this paragraph, state the date of each transaction and the price of each transaction; (f) include documents sufficient to prove membership in the Settlement Classes, including documents sufficient to prove all of the objecting Settlement Class Member’s holdings and transactions in Centricus Securities and Arqit Securities set forth in sections (d) and (e) of this paragraph, the dates of the transactions, the number of shares purchased or sold or held, and the price paid or received for such purchase or sale.
Your comments or objection and any supporting papers must be filed with the Court and mailed or delivered to each of the following addresses such that it is received no later than twenty-one (21) calendar days prior to the Settlement Hearing, i.e., May 11, 2026:
COURT
CLERK OF THE COURT
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK
225 Cadman Plaza East
Brooklyn, NY 11201
PLAINTIFFS’ COUNSEL
WOLF POPPER LLP
Joshua W. Ruthizer
Through March 13, 2026:
845 Third Avenue, 12th Floor, New York, NY 10022
After March 13, 2026:
570 Lexington Avenue, 19th Floor, New York, NY 10022
PLEASE NOTE that all objections will be filed publicly with the Court. You should redact any personally identifiable information before submitting your objection, such as account numbers or social security numbers.Objecting is simply telling the Court that you do not like something about the Settlement. You can object only if you stay in the Settlement Classes.
Excluding yourself is telling the Court that you do not want to recover money from the Settlement and do not want to release any claims you think you may have against Defendants and the Defendants’ Releasees. If you exclude yourself, you cannot object to the Settlement because it does not affect you.
The Court will hold a Settlement Hearing at 2:00 p.m., on June 1, 2026, at the United States District Court for the Eastern District of New York, 225 Cadman Plaza East, Courtroom 4F, Brooklyn, New York 11201. At the hearing, the Court will consider whether the Settlement and the Plan of Allocation are fair, reasonable, and adequate. If there are objections, the Court will consider them, even if you do not ask to speak at the hearing. The Court will listen to people who have asked to speak at the hearing pursuant to the instructions in this Notice. The Court may also decide how much to award to Plaintiffs’ Counsel and Plaintiffs through the Fee and Expense Award. After the Settlement Hearing, the Court will decide whether to approve the Settlement and the Plan of Allocation. We do not know how long these decisions will take. You should be aware that the Court may change the date and time of the Settlement Hearing without another notice being sent to Settlement Class Members. If you want to attend the hearing, you should check with Plaintiffs’ Counsel or the Settlement website www.arqitsecuritiessettlement.com beforehand to be sure that the date and/or time has not changed.
No. Plaintiffs’ Counsel will answer questions the Court may have. But, you are welcome to come at your own expense. If you send an objection, you do not have to come to Court to talk about it. As long as your written objection was received by the deadline stated herein and otherwise complies with the requirements set forth herein, the Court will consider it. You may also pay your own lawyer to attend, but it is not necessary. Settlement Class Members do not need to appear at the hearing or take any other action to indicate their approval.
If you object to the Settlement, the Plan of Allocation, and/or the Fee and Expense Application, you may ask the Court for permission to speak at the Settlement Hearing. To do so, you must include in your written objection (see question 16 above) a written statement of your intention to appear at the hearing and to include in your written objections the identity of any witnesses you may call to testify and copies of any exhibits you intend to introduce into evidence at the Settlement Hearing. Your notice of intention to appear must be received with your written objection and be received no later than May 11, 2026, and addressed to the Clerk of the Court and Plaintiffs’ Counsel, at the addresses listed above in question 16.
You cannot speak at the hearing if you exclude yourself from the Classes.
If you do nothing, you will not receive any money from this Settlement. In addition, unless you exclude yourself, you will not be able to start a lawsuit, continue with a lawsuit, or be part of any other lawsuit against Defendants and the Defendants’ Releasees about the Released Plaintiffs’ Claims in this case.
You can obtain answers to common questions regarding the proposed Settlement by contacting the Claims Administrator at:
Arqit Quantum Inc. Securities Litigation Settlement
c/o Kroll Settlement Administration LLC
PO Box 225391
New York, NY 10150-5391
1-833-754-5090
Reference is also made to the Settlement Agreement, to the documents filed in support of the Settlement, to the Orders entered by the Court and to the other Settlement related papers filed in the Action, which are posted on the Settlement website at www.arqitsecuritiessettlement.com, and which may be inspected at the Office of the Clerk of the United States District Court for the Eastern District of New York, during regular business hours. For a fee, all papers filed in this Action are available at www.pacer.gov.
Inquiries should not be directed to Defendants, the Court, or the Clerk of the Court.
Inquiries, other than requests for copies of Notices, the Settlement Agreement, or for a Claim Form, may be made to Plaintiffs’ Counsel at the address and telephone number provided on the home page.
PLEASE DO NOT CONTACT THE COURT, THE CLERK’S OFFICE, DEFENDANTS, OR DEFENDANTS’ COUNSEL REGARDING THIS NOTICE.
This website is authorized by the Court, supervised by counsel to the Parties, and controlled by the Settlement Administrator approved by the Court. This is the only authorized website for this case.
For more information, please use the Contact Us page, or call (833) 754-5090. You may also write to:
Arqit Quantum Inc. Securities Litigation
c/o Kroll Settlement Administration
P.O. Box 225391
New York, NY 10150-5391
This website is authorized by the Court, supervised by counsel to the Parties, and controlled by the Settlement Administrator approved by the Court. This is the only authorized website for this case.
For more information, please use the Contact Us page, or call (833) 754-5090. You may also write to:
Arqit Quantum Inc. Securities Litigation
c/o Kroll Settlement Administration
P.O. Box 225391
New York, NY 10150-5391