UPS · United Parcel Service, Inc.

Kevin M. Warsh's resignation from the UPS Board was predetermined and automatically effective upon his Senate confirmation on May 13, 2026, to serve as Chairman of the Federal Reserve Board of Governors, as previously announced in the Company's February 6, 2026, 8-K filing. This move removes a director with significant financial policy expertise from UPS governance but carries no negative implications for the Company, as explicitly stated there was no disagreement on operations, policies, or practices.