PUDO Inc. Partners with Annex Brands to Expand its North American e-Commerce PUDOpoint Network

TORONTO, Aug. 6, 2025 /CNW/ - PUDO Inc. ("PUDO" or the "Company") (CSE: PDO) (OTCQB: PDPTF), operator of one of North America's largest e-commerce pickup and drop-off networks, is pleased to announce its partnership with Annex Brands, Inc., a leading franchisor for more than 800 retail and commercial shipping and business service centers in North America.

Through this partnership, PUDO will establish PUDOpoint locations at over 570 of 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, CEO of PUDO Inc.

The initiative aligns with PUDO's ongoing strategy to scale its PUDOpoint™ Counters across Canada and the U.S., creating a low-cost network of parcel return and pickup locations that support the last mile logistics needs of online retailers, logistics providers, and consumers.

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About PUDO Inc.

PUDO Inc. 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. For more information, visit www.pudopoint.com.

About Annex Brands, Inc.

Annex Brands, Inc. licenses and franchises over 800 locations in the United States, Canada, and Mexico under the brands PostalAnnex, Pak Mail, AIM Mail Centers, Parcel Plus, Sunshine Pack & Ship, Navis Pack & Ship and Handle With Care Packaging Store. Headquartered in San Diego, Calif., Annex Brands has been providing business ownership opportunities since 1985. Locations offer a range of shipping options from multiple carriers such as UPS, FedEx and USPS, as well as freight shipping for large, awkward, high-value, or fragile items. Additional offerings include packaging supplies and custom packing solutions for parcels and wooden crates, as well as mailbox services and other office services such as notary public services, copy and print services, and more. For more information, visit www.annexbrands.com.

Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO's technology and possible future expansions of PUDO's operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO's ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words "anticipate", "believe", "expect", "plan", "intend", "can", "will", "should", and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company's public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management's reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes.

The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by law.

SOURCE PUDO Inc.

For further information about PUDO contact: Elliott Etheredge, CEO, 1 [phone] | [email protected]; or Karen Speight, Admin Director, 1 [phone] | [email protected]