ANNOUNCEMENT

Quest Holdings S.A. ("Quest") announces that, the company GENERAL LOGISTICS SYSTEMS B.V. ("GLS") did not exercise on Friday 30/10/26 its right to purchase 80% of ACS S.A. ("ACS"), in accordance with the Share Purchase Agreement (SPA) between Quest and GLS, which was signed in October 2024.

On the same day (30/10/26), Quest has exercised its right to repurchase 20% of ACS, pursuant to the above Share Purchase Agreement (SPA) between Quest and GLS. More specifically, on 30 October 2026, Quest notified GLS with a written notice requesting the transfer of 66,000 registered shares, representing a 20% stake in ACS, for €37 million, plus the adjustments provided in SPA. Completion is expected at the end of November 2026. Upon completion, Quest will own 100% of the share capital of ACS.

It is noted that Quest had transferred the above stake (20%) to GLS in October 2024 for a consideration of €74 million plus about €3 million adjustments. The repurchase of this stake corresponds to a net financial benefit of approximately €37 million for Quest Group from the overall transaction.