Quest Holdings S.A. (hereinafter the Company) following its announcement dated October 21^st, 2024 regarding the agreement between the Company and GENERAL LOGISTICS SYSTEMS B.V. (hereinafter "GLS") (https://gls-group.com/GROUP/en/home/), for its participation in the share capital of ACS POSTAL SERVICES S.A.E.E. (hereinafter ACS), announces that GLS informed the Company, that will not exercise on October 2025 its right to purchase ("call option") for the remaining 80% of the shares of ACS. Based on the agreement, GLS reserves the right to execute its call option to purchase the remaining shares (80%) of ACS on 30-10-2026. In case GLS does not exercise the above call option, the Company will have the right to repurchase from GLS the 20% of ACS’s shares subject to a pre-agreed mechanism.