News Release

New platform helps fleets move vehicles from acquisition to the road same-day, while reducing compliance risk

MESA, Ariz., Sept. 2, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, today announced an AI-driven Title & Registration (T&R) solution built to help fleets cut through the manual, state-by-state complexity that has long slowed vehicle deployment and increased compliance risk.

Fleet operators managing growth, geographic expansion, and new vehicle programs have historically relied on T&R processes that are manual, paper-based, and fragmented across jurisdictions, often requiring a trip to a state office or other brick-and-mortar location to complete a single transaction. Verra Mobility's modernized solution replaces that patchwork with AI-powered document intelligence, automated workflow orchestration, and real-time transaction visibility, built on more than 10 years of T&R operating experience.

Verra Mobility currently processes more than 1.7 million T&R transactions annually with 99.8% accuracy, supported by direct electronic connections to DMVs in 15 states and expanding nationwide coverage options. The company's new AI-powered document intelligence identifies document types, extracts required data, and applies jurisdiction-specific rules automatically, processing qualifying transaction documents in under 90 seconds. Combined with automated workflow orchestration, the result is same-day processing for qualifying transactions and an average processing time of roughly half a day - up to 80% faster than the industry's typical 3- to 5-day turnaround.

"We understand where customers feel the most friction and what they need from a modern solution," said Stacey Moser, chief customer officer, Verra Mobility. "Every day a vehicle sits waiting on paperwork is a day it isn't generating revenue for our customers. We've built AI directly into that operational foundation to help our customers get vehicles on the road faster, lower total cost of ownership, and provide stronger compliance confidence at scale."

Verra Mobility's Title & Registration solution is designed to support a range of fleet and mobility use cases, including:

• Commercial and corporate fleets seeking a streamlined process across states that reduces administrative burden
• Autonomous vehicle programs requiring scalable infrastructure that supports compliance in non-standard data environments
• Rental car operations that depend on fast vehicle turnaround, high utilization, and predictable processing timelines
• IRP/IFTA and carrier fleet teams that need governed reporting, audit-ready documentation, and consistent compliance support

Key capabilities include:

• AI-driven workflow orchestration to streamline T&R processes
• Automated renewals and milestone tracking for greater visibility and fewer manual touchpoints
• Centralized process management that replaces fragmented, state-by-state coordination
• Improved compliance support through more consistent documentation and managed workflows
• Operational efficiency gains that help fleets reduce rework, accelerate in-fleeting, and better support revenue readiness

As fleets face growing pressure to activate vehicles faster while managing compliance across an increasingly complex regulatory landscape, T&R is shifting from a back-office function into an operational lever that directly affects revenue readiness. Building on a decade of operational experience, the new AI-driven capabilities extend automation to a process that has historically lagged behind other areas of fleet operations.

To learn more about Verra Mobility's Title & Registration solution, visit www.verramobility.com.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

We describe initiatives that drive our business and future results in this press release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future including with respect to the AI They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near-and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. These forward-looking statements should be considered in light of the information included in this press release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.

We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.

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SOURCE Verra Mobility