@BlaineB Thanks for reaching out. The features like track and Revoke is unfortunately not available with AIP v2 (Unified Labeling). This feature is only available with AIP classic. The team is working for replacement but it is not available yet.
More information can be read at : https://techcommunity.microsoft.com/t5/azure-information-protection/announcing-timelines-for-sunsetting-label-management-in-the/ba-p/1226179
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