Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 57

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 57
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 Improper activities by third-parties, advances in computer and software capabilities and encryption technology, new
tools and discoveries and other events or developments may facilitate or result in a compromise or breach of our security systems. Veea’s
security measures may not be effective in preventing unauthorized access to the customer data stored on Veea’s servers. If a breach
of our security occurs, Veea could face damages for contract breach, penalties for violation of applicable laws or regulations, possible
lawsuits by individuals affected by the breach and significant remediation costs and efforts to prevent future occurrences. In addition,
whether there is an actual or a perceived breach of Veea’s security, the market perception of the effectiveness of Veea’s
security measures could be harmed and Veea could lose current or potential customers.

Cybersecurity incidents may have a material adverse effect on Veea’s business, operations, financial performance, customer and vendor relationships, reputation and brand, and may introduce the possibility of litigations or regulatory investigations or actions.

Veea’s business operations
are vulnerable to cybersecurity incidents that may impact the confidentiality, availability or integrity of information assets, IT assets,
products, services, or solutions. These incidents may include data breaches, intrusions, espionage, data privacy infringements, leakage
of confidential or sensitive data, unauthorized or accidental modification of data and general malfeasance.

Events or incidents that
are caused as a result of vulnerabilities in software or products supplied to us could have a material adverse effect upon Veea, Veea’s
business, financial performance, reputation and brand, potentially slowing operations, leaking valuable or sensitive information, personal
data or damaging Veea’s products that have been installed in Veea’s customers’ networks.

It is possible that a cybersecurity
incident in Veea’s operations or supply chain could have an adverse impact on the integrity of solutions or services provided by
Veea as well as Veea’s ability to comply with legal, regulatory or contractual requirements. These incidents may include tampering
with components, the inclusion of backdoors or implants, the unintentional inclusion of vulnerabilities in components or software, and
cybersecurity incidents which prevent a supplier from being able to fulfil commitments to Veea.

Any cybersecurity incident
including unintended use, misconfiguration, or unintended actions, involving Veea’s operations, supply chain, product development,
services, third-party providers or installed product base, could cause severe harm to Veea and could have a material adverse effect on
Veea’s business, financial performance, customer and vendor