Vari Audio Lost opening Cubase 11 saved project in Cubase 12

It looks like all vari audio data is lost when opening any of my Cubase 11 projects in Cubase 12. I’ve seen numerous posts about vari audio issues with import functionality in the past, but nothing specifically about opening a project in Cubase 12.

Is there another option besides manually redoing the vari audio work in Cubase 12?