PeriShip Global Enters 3-Year UPS Partnership To Enhance Time-Sensitive And Perishable Shipment Logistics

On July 29, 2025, PeriShip Global, LLC ("Periship"), a wholly-owned subsidiary of VerifyMe, Inc., entered into (i) a UPS Digital Channel Program Agreement (the "Program Agreement") with United Parcel Service, Inc., an Ohio corporation ("UPS Ohio") and UPS Worldwide Forwarding, Inc., a Delaware corporation ("UPS WWF"), and (ii) a UPS Partner API Access Agreement (the "Integration Agreement" and together with the Program Agreement, the "Agreements") with UPS Digital, Inc., ("UPS Digital" and collectively with UPS Ohio and UPS WWF, "UPS"). The Agreements provide Periship access to designated UPS services at promotional rates as part of a specialized logistics management services for time-sensitive and perishable shipments, including proactive monitoring, weather tracking, and issue resolution through certain UPS digital channel program applications. Pursuant to the Integration Agreement, UPS will allow Periship to develop Interfaces to certain UPS APIs, access UPS Access Services and the use of UPS Information (as such terms are defined in the Integration Agreement). The Agreements have a term of three years, subject to customary termination and renewal provisions.

The Agreements also contain customary confidentiality, limitation of liability, and indemnification provisions and customary representations, warranties and covenants by the parties for transactions of this type.

The foregoing descriptions of the Program Agreement and the Integration Agreement are subject to and qualified in their entirety by the terms of the Program Agreement and the Integration Agreement, copies of which will be filed as exhibits to the Company's Quarterly Report on Form 10-Q for the period ended September 30, 2025.