Mr. Elliott Etheredge reports

PUDO INC. PARTNERS WITH ANNEX BRANDS TO EXPAND ITS NORTH AMERICAN E-COMMERCE PUDOPOINT NETWORK

Pudo Inc. has entered a partnership with Annex Brands Inc., a leading franchisor for more than 800 retail and commercial shipping and business service centres in North America.

Through this partnership, Pudo will establish Pudopoint locations at over 570 Annex Brands retail sites across the United States, significantly expanding its geographic footprint and enhancing the convenience of package pickup and drop-off alternatives for consumers and businesses alike.

"This collaboration will accelerate our expansion of Pudopoint locations in the United States by doubling our footprint from approximately 800 to 1,370 locations. This partnership will further our goal to provide more cost-effective and convenient parcel drop-off and pickup points to our retail and 3PL customers," said Elliott Etheredge, chief executive officer of Pudo.

The initiative aligns with Pudo's continuing strategy to scale its Pudopoint counters across Canada and the United States, creating a low-cost network of parcel return and pickup locations that support the last-mile logistics needs of on-line retailers, logistics providers and consumers.

About Pudo Inc.

Pudo is one of North America's largest e-commerce pickup and drop-off networks. Its technology and network of Pudopoint counters help solve the last-mile problem for e-commerce returns and missed deliveries. Pudo connects retailers, couriers and consumers through a secure, convenient parcel ecosystem.

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