
Box-style camera AW-UB50 is based on LUMIX digital interchangeable lens camera technology and equipped with a host of new functions designed to streamline video production workflows. The AW-UB50 is the 4K multi-purpose camera supporting all common IP control protocols used in Panasonic's remote camera systems. Despite their robust performance, AW-UB50 is compact and lightweight, making them suitable for a variety of applications.
As you know, the Panasonic AW-UB50 record .MP4 & .MOV files (the container), and the files are compressed using the h.264 or h.265 codec. But it seems that DaVinci Resolve (including DaVinci Resolve 20) does not like H.265. The file type is a compressed output format; it's not ideal for editing in NLE system. To effectively edit Panasonic AW-UB10 H.265 videos in DaVinci Resolve, consider creating proxy files or transcoding to a more editing-friendly format like ProRes or DNxHD. While DaVinci Resolve 20 can import H.265, it's generally not the most efficient format for editing due to its high compression and the computational demands it places on the system.
Actually, DaVinci Resolve has no ingest transcoder, nor timeline rendering, therefore we have to use another program like Acrok Video Converter Ultimate to transcode the Panasonic AW-UB50 videos for DaVinci Resolve (12-20). The program works as the best Panasonic Video Converter. It helps you fast transcode Panasonic MOV, MP4, MXF and MTS footage to DaVinci Resolve preferred formats e.g. DNxHD, Apple ProRes for easier editing. Plus, it supports converting all Panasonic camera footage to DaVinci Resolve with fast encoding speed and without quality loss. What's more, it's the optimal tool for transcoding Fujifilm, Leica, GoPro, RED, Sony, Blackmagic Design, Canon, Nikon, DJI, etc camera or camcorder videos to kinds of NLE programs Premiere Pro, Avid Media Composer, Vegas Pro, Pinnacle Studio, iMovie, Final Cut Pro and more. Just download it and follow the simple guide to achieve your goal.
Free download H.265 Video Converter for Panasonic AW-UB50
It is an all-in-all converter that can help all Mac users losslessly convert the 8K/6K/5.3K/4K footages and Blu-ray/DVD files to most popular video formats as well as importing H.265 to Premiere Pro, Final Cut Pro, iMovie, etc. for editing. Besides, this smart converting program also provides users with useful editing functions and new features such as converting 2D videos to 3D, etc. Below is the simple process of converting Panasonic AW-UB50 H.265 to DaVinci Resolve native format.
[Guide] How to decode Panasonic AW-UB50 H.265 files for editing in DaVinci Resolve
Step 1. Load source videos.
Launch Acrok Video Converter Ultimate on your PC or Mac and then click "Add file" button at the top left corner to browse and select target Panasonic AW-UB50 videos. You can also simply drag and drop source video files into the main screen of this H.265 video converter.

Step 2. Set output format.
For Windows user, click the "Format" bar at the bottom. Choose a format preset that DaVinci Resolve can support. And DNxHD MOV from Editing Software category is recommended since the output files can preserve image quality with the smallest file size. You can also choose Apple ProRes 422 MOV as the output file. For Mac user, Please select the Apple ProRes profiles in the Final Cut Pro category.

Tip: By clicking the Settings button beside "Format", you can adjust the output video/audio resolution, frame rate, bit rate, etc. to customize the output files to get the best quality you want. Various video editing functions are available in this 4K Video Converter to assist you with creating personal videos with customized adjustments. And it takes only a few minutes for all novices to personalize your video quickly and easily with the built-in video editor.

Step 3. Start the conversion.
Click Output to specify a destination folder to save the converted video file. When you have finished everything, simply click "Convert" button to perform H.265 to DNxHD or Apple ProRes conversion in no time. After the conversion is complete, get the resulted files via clicking the Open button and then you can import the result files to DaVinci Resolve 20 or lower version without any trouble.
Conclusion
If you encounter DaVinci Resolve video import failure issue, it's probably caused by missing codecs or the codec inside video is not supported. Therefore, the easiest and most effective solution recommended by us is to convert the video file. You can use DaVinci Resolve's export feature to convert the file to another format. You can also use a third-party video converter, such as Acrok Video Converter Ultimate.
Acrok Video Converter Ultimate can automatically remove any common Blu-ray copy protections: AACS (Advanced Access Content System), BD+, BD-J, RC, Country Code, MKB, etc. And it can also decrypt protected DVDs with CSS, RCE, Sony ArccOS, UOPs, Disney X-project (99-title DVD copy protection) and so on. Even if your discs are scratched, damaged or unplayable, the software is here to offer a solution. So it is a best Blu-ray ripping software too. With this software, you can convert Blu-ray and DVD to any video / audio formats with simple clicks. Let you play Blu-ray/DVD on tablet, smartphone, smart tv for free.