JANEL CORP

Janel Corporation is a holding company with subsidiaries operating in three business segments: Logistics, Life Sciences, and Manufacturing. The company aims to increase shareholder value by supporting its businesses in making investments and building long-term profits, allocating capital at high risk-adjusted rates of return, and attracting and retaining skilled employees. Janel's management focuses on major capital allocation decisions, corporate governance, and supporting its subsidiaries. The company plans to grow through its subsidiaries' internal growth and by acquiring businesses within existing segments or expanding into new strategic areas. Its acquisition strategy targets reasonably priced companies with strong management, attractive existing business economics, and stable earnings. Janel was incorporated on August 31, 2000, in Nevada, with its corporate headquarters in New York, New York. As of September 30, 2025, Janel and its consolidated subsidiaries employed 353 full-time employees in the United States, none of whom are covered by a collective bargaining agreement. The Logistics segment, comprised of wholly-owned subsidiaries, provides non-asset based, full-service cargo transportation logistics management. This includes freight forwarding via air, ocean, and land carriers; customs brokerage; warehousing and distribution; trucking; and other value-added logistics services.