Freight Technologies, Inc.

Corporate History of Freight Technologies, Inc. Fr8Tech, Inc. is a technology-driven logistics company focused on providing digital freight brokerage and transportation management solutions for cross-border and domestic freight movements in North America. The Company is incorporated under the laws of the British Virgin Islands. Our principal operating subsidiary, Freight App, Inc. (formerly known as Freight Hub, Inc. and hereinafter referred to as Fr8App ) was incorporated in 2015 as a Delaware corporation. It was founded with a vision to develop and bring solutions to the relatively unorganized cross-border commercial freight market on the U.S.-Mexico border, and by extension, the U.S.-Canada border. In January 2019, Freight Hub M xico, S.A De C.V., a wholly-owned subsidiary of Fr8App was formed. In December 2021, Freight Hub Mexico, S.A De C.V. changed its name to Freight App de Mexico, S.A De C.V. ( Freight App Mexico ). Freight logistics operations and our Fr8App marketplace solution, begins with Shippers and with Carriers. Within the demand and supply equation, Shippers seeking suitable means of transportation for their goods or products represent demand and Carriers with freight transportation capabilities represent supply. The Fr8App marketplace was designed to facilitate matching the two: demand with supply. The first commercial version of Fr8App’s products was launched in 2017. Fr8App’s initial commercial efforts focused on promoting the Fr8App marketplace to freight brokers in the logistics industry.