Mr. Bill Frain reports

LIBERTY DEFENSE EXPANDS U.S. DISTRIBUTION FOOTPRINT WITH NEW AGREEMENT WITH VMI SECURITY FOR HEXWAVE

Liberty Defense Holdings Ltd. has executed a strategic, non-exclusive distribution agreement with VMI Security.

VMI Security is a recognized leader in non-intrusive security inspection solutions, serving a broad range of market verticals, including aviation, critical infrastructure, government and public venues. The agreement expands Liberty's U.S. sales channel network and strengthens the company's ability to address the large and growing demand for total security screening applications.

Under the agreement, VMI will offer Liberty's Hexwave walk-through screening system as part of its security solution portfolio. Hexwave combines advanced artificial intelligence and machine learning with active sensing technology to detect metallic and non-metallic weapons, explosives, and other emerging threats in real time, while enabling a high-throughput, frictionless screening experience.

The partnership provides Liberty with access to VMI's established customer relationships, extensive sales infrastructure and deep expertise across airports, critical infrastructure, public venues and other security-sensitive environments. VMI's established market presence and ability to integrate multiple security technologies into comprehensive screening solutions are expected to enhance Liberty's ability to introduce Hexwave to new customers and support additional commercial opportunities.

"The partnership with VMI Security comes at a critical time for the expanding U.S. security screening market," said Bill Frain, chief executive officer of Liberty Defense. "VMI has a proven track record of delivering next-generation security inspection technologies and the ability to provide customers with end-to-end checkpoint screening solutions, now including Hexwave. We believe the combination of VMI's security expertise and customer reach with Liberty's AI-enabled detection capabilities creates a compelling opportunity to expand the adoption of Hexwave in high-value security applications.

"We are extremely excited to add Hexwave to VMI's growing portfolio of security screening solutions," said Scott Ortolani, chief operating officer of VMI Security. "I have personally followed the development of Hexwave since its introduction to the market, watching the technology evolve and the product demonstrate its capabilities in real-world security environments. I have been consistently impressed by both the technology and Liberty Defense's vision for what advanced, high-throughput screening can become."

The company also announces that, on Sept. 24, 2026, it granted an aggregate of 43,888 restricted share units to certain directors and officers of the company pursuant to the company's omnibus long-term incentive plan dated for reference Nov. 6, 2025. Of the RSUs granted, 23,888 RSUs vest on Sept. 24, 2027, and 20,000 RSUs vest on Sept. 24, 2028. All RSUs have an expiry date of Sept. 24, 2031. Each RSU entitles the holder to receive one common share of the company upon vesting and settlement.

About Liberty Defense Holdings Ltd.

Liberty Defense provides multitechnology security solutions for concealed weapon detection in high-volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty's Hexwave product, for which the company has secured an exclusive licence from Massachusetts Institute of Technology, as well as a technology transfer agreement for patents related to active 3-D radar imaging technology, provides discrete, modular and scalable protection to provide layered, standoff detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimetre-wave-based, high-definition advanced imaging technology body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions.

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