Michael Petusky

Jack Vander Aarde

- VerifyMe, Inc. received notice from FedEx Corporation on **August 26, 2025**, that it will no longer be an approved FedEx preferred shipper effective **September 24, 2025**.  **[1104038_0001214659-25-013626_i9102518k.htm:1]** 
- This change impacts VerifyMe's Proactive services to FedEx customers, which comprised approximately **85% of revenue** and **60% of gross profits** for the quarter ended **June 30, 2025**.  **[1104038_0001214659-25-013626_i9102518k.htm:1]** 
- VerifyMe's Periship Precision Logistics division will cease offering FedEx shipping services for Proactive customers and will begin offering these services with a **new shipping partner** later in September 2025, with an expectation for customer shipping cost savings.  **[1104038_0001214659-25-013626_ex99_1.htm:0]**

VerifyMe (VRME)