Amsterdam, October 28, 2024 – GLS, a leading parcel service provider in Europe, and SF, China's largest integrated logistics service provider, are excited to announce a bilateral network partnership. The collaboration marks a pivotal moment in the global expansion endeavours of both GLS and SF, promising to significantly boost their distribution capabilities.

As part of this partnership, GLS customers will gain access to SF’s extensive network in China, as well as in the Pacific Rim, including countries like India, Singapore, Vietnam, South Korea and Japan, ensuring fast and efficient deliveries. Meanwhile, SF will strengthen its exposure to the European market by extending service capability out of Europe through this partnership.

“I’m extremely proud that we have entered a partnership with SF. We have been building the interfaces during the last couple of months and I’m pleased to say that the service level to Asia is exceptionally good and has even outperformed our expectations”, said Saadi Al-Soudani, Chief International Officer of IDS. “This partnership enables our customers to utilise the probably most integrated and efficient Express Network in the entire Asian Pacific Rim.”

“We are very excited about the partnership with GLS, for we have been repeatedly impressed by how professional and resourceful GLS is in the European market. We are extremely confident in this partnership as it will enable both parties to unlock value for customers of international express services,” added Tina Wang, Chief Strategy Officer & Deputy CEO of SF.

This partnership is designed to combine the local expertise and strength of each network, unlock significant synergies, and ensure streamlined operations while delivering maximum value to customers.

Key benefits include:
Wider network reach: Customers gain access to the extensive networks of both partners, enhancing distribution capabilities in Europe and Asia.
Competitive pricing: Customers benefit from competitive rates while enjoying fast and reliable delivery services.
Enhanced customer experience: The seamless alignment of systems ensures a smooth and consistent experience, driven by a shared commitment to excellence.

About GLS Group

GLS Group is one of the largest parcel services providers in Europe, with a strong local presence in almost all countries across the continent. It also operates through wholly-owned subsidiaries in Canada and on the USA’s West Coast within one GLS network. This allows GLS to seamlessly connect its customers and communities with millions of parcels and stories every day. GLS’ network connects its markets with high velocity and flexibility to respond to their fast-changing and dynamic nature. The company provides its customers across 40 countries high-quality service that best suits their needs. The GLS network consists of over 120 hubs and more than 1,600 depots, supported by more than 36,600 walkers, light vehicles and vans, and 6,500 trucks. This offers network resilience, superior flexibility, and extended reach. In 2023/24, GLS generated record revenues of 5.6 billion euros and delivered 905 million parcels across the markets. For more information, visit www.gls-group.com

GLS Group Media Contact

press@gls-group.com

About SF

SF is the largest integrated logistics service provider in China and Asia, and the fourth largest in the world, providing customers with domestic and international end-to-end one-stop supply chain services. Through leveraging leading technology and research and development capabilities, SF strives to create a digital supply chain ecosystem and be a front-runner in global intelligent supply chain.

SF Group Media Contact

ggzy@sf-efpress.com

Amsterdam, October 21, 2024 – GLS, a leading parcel service provider with a strong presence in Europe and North America, is pleased to announce the acquisition of E-Log Logística Insular, S.L. (hereinafter “e-Log”), a specialised company with expertise in e-commerce fulfilment and logistics solutions, particularly to and from the Spanish peninsula and the Spanish Islands. This strategic acquisition positions GLS Spain to expand its service offerings and enter the rapidly growing fulfilment market.

GLS, a leading parcel service provider with presence in Europe and North America, has entered into a definitive agreement to acquire a 20% stake in the Greek parcel carrier ACS Postal Services (“ACS”). In addition to the initial investment, GLS has secured an option to acquire the remaining 80% of ACS's share capital within two years.

ACS is Greece’s leading domestic parcel carrier, serving over 30,000 customers. The closer integration of ACS into GLS’ broader network will provide even more seamless shipping services for both businesses and consumers across Europe and Greece. This strategic move also aligns with GLS’ strategy to enhance its European leadership in domestic and cross-border parcel services within the B2B, B2C and C2X segments.

Commenting on today’s announcement, Dr. Karl Pfaff, Chief Executive of GLS Group, said: “Greece is a high-growth parcel market, which is why we are excited to take an initial equity stake in the leading Greek parcel carrier, ACS. This investment supports our strategy to strengthen our domestic positions and, at the same time, to increase our overall European footprint.”

Saadi Al-Soudani, Chief International Officer of IDS, added: “ACS has been a reliable and high-quality network partner for GLS in Greece for the last 20 years and this investment cements our relationship. I am pleased that this partnership will continue to be strengthened and bring even more benefits to our customers across Greece and Europe.”

Apostolos Georgantzis, Chief Executive of ACS, said: “This is a significant development for our company, and we are very excited to work more closely with GLS and IDS Group. This development will strengthen our position as the leading player in Greece’s evolving courier and parcel delivery market, while providing us with greater access to the GLS network. It means we can deliver even more value to our customers by offering an expanded range of products, services and solutions that fit their needs.”

ACS’ comprehensive network provides 100% coverage across mainland Greece and the Greek Islands. It is comprised of over 271 ACS outlets operated by exclusive independent agents offering competitive and flexible collection and delivery services, 269 parcel shops and 8 hubs. This includes a new, highly automated central hub in Athens with a capacity of 50,000 parcels/hour.

The transaction is expected to close by the end of October 2024, marking the beginning of a new chapter in GLS and ACS’ long-standing partnership.

About GLS Group

GLS Group is one of the largest parcel services providers in Europe, with a strong local presence in almost all countries across the continent. It also operates through wholly-owned subsidiaries in Canada and on the USA’s West Coast within one GLS network. This allows GLS to seamlessly connect its customers and communities with millions of parcels and stories every day. GLS’ network connects its markets with high velocity and flexibility to respond to their fast-changing and dynamic nature. The company provides its customers across 40 countries high-quality service that best suits their needs. The GLS network consists of over 120 hubs and more than 1,600 depots, supported by more than 36,600 walkers, light vehicles and vans, and 6,500 trucks. This offers network resilience, superior flexibility, and extended reach. In 2023/24, GLS generated record revenues of 5.6 billion euros and delivered 905 million parcels across the markets. For more information, visit www.gls-group.com

GLS Group Media Contact

press@gls-group.com

About ACS

ACS Postal Services S.M.S.A., founded in 1981, is the leading company in the field of courier services, in Greece. The company has the largest autonomous network in Greece, with more than 750 service points and 3.500 specialised employees. ACS is leading in its market by continuously investing in innovative systems, infrastructure and automation, to enhance and expand its service offering. It has more than 60.000 m2 of operational and warehouse space, handling more than 55 million shipments (courier and post) annually while its network presence extends to Cyprus, Albania and Bulgaria. Find more information about ACS at www.acscourier.net .

Quest Holdings/ACS IR Announcements Contact

Mr. Dimitris Papadiamantopoulos

Tel: +30 2119994762

d.papadiamantopoulos@info.quest.gr

Oude Meer, July 2, 2024 – GLS, a leading parcel service provider with a strong presence in Europe and North America, is pleased to announce the acquisition of E-Log Logística Insular, S.L. (hereinafter “e-Log”), a specialised company with expertise in e-commerce fulfilment and logistics solutions, particularly to and from the Spanish peninsula and the Spanish Islands. This strategic acquisition positions GLS Spain to expand its service offerings and enter the rapidly growing fulfilment market.

Dr. Karl Pfaff, Chief Executive of GLS Group, commented, “This acquisition is an exciting strategic step for GLS as we aim to expand our service offerings and strengthen our market presence. With e-Log’s expertise and specialised services, we can now offer a broader range of solutions to our customers, especially in the fulfilment sector. We are delighted to welcome Javier Vargas and his team to the GLS family and look forward to achieving great success together.”

Javier Vargas, Chief Executive of e-Log, added, “Partnering with GLS represents an exciting new chapter for e-Log. With our combined expertise and resources, we are well-positioned to deliver high-quality fulfilment and logistics solutions, greatly benefiting our customers. We are enthusiastic about the growth and possibilities this acquisition will bring.”

Founded in 2015 and headquartered in Coslada (Madrid), e-Log specialises in two main areas: E-Log Last Mile (Canary Islands/Balearic Islands), providing fulfilment, logistics, and transport solutions to and from the Spanish peninsula and the Spanish Islands, Ceuta, and Melilla; and E-Log Logística, offering specialised logistics solutions tailored to the needs of the e-commerce and travel sectors. Over the past two years, e-Log has demonstrated strong growth and profitability, making it a valuable addition to the GLS family.

Building on its cross-border strength, GLS aims to diversify with parcel fulfilment as one of its growth vectors. The acquisition of e-Log is a key strategic step to introduce GLS Spain into the fulfilment sector. E-Log’s expertise and proven track record in the fulfilment and logistics market make it an ideal partner for GLS Spain’s expansion.

About GLS

GLS Group is one of the largest self-reliant parcel services providers in Europe, with a strong local presence in almost all countries across the continent. It also operates through wholly-owned subsidiaries in Canada and on the USA’s West Coast within one GLS network. This allows GLS to seamlessly connect its customers and communities with millions of parcels and stories every day. GLS’ network connects its markets with high velocity and flexibility to respond to their fast-changing and dynamic nature. The company takes pride in providing its customers across 40 countries high-quality service that best suits their needs. The GLS network consists of over 120 hubs and more than 1,600 depots, supported by more than 36,600 walkers, light vehicles and vans, and 6,500 trucks. This offers network resilience, superior flexibility, and extended reach. In 2023/24, GLS generated record revenues of 5.6 billion euros and delivered 905 million parcels across the markets. For more information, visit www.gls-group.com .

About e-Log

E-Log is a Spanish logistics company based in Madrid (Spain) which started operating in June 2016. The company serves their customers providing fulfilment, logistics and transport services as well as special logistics solutions between the Spanish peninsula and the Spanish Islands, Ceuta and Melilla. Their operation is supported by a network of 4 warehouses located in Madrid, Las Palmas de Gran Canaria; Palma de Mallorca and Tenerife and a team of 21 dedicated and enthusiastic employees.

E-Log is proud of having built a good reputation among small and medium customers in Spain with a solid, long-lasting relationship with its customer base, which lead in 2023 to a record revenue performance of € 3.5m. For more information, visit https://e-log.es/ .

For more information, please contact:

press@gls-group.com

Oude Meer, July 2, 2024 – GLS, a leading parcel service provider with presence in Europe and North America, has announced the acquisition of Hungarian e-commerce fulfilment company iLogistic. This strategic move enables GLS to offer e-commerce fulfilment services to GLS customers in and outside Hungary, as part of its approach to further diversify and grow its portfolio.

GLS aims to enhance its operational scope and capabilities, with parcel fulfilment as a key area of growth. The company is working towards becoming a more versatile logistics provider while maintaining its strong position in the parcel market.

"We are committed to providing high-quality services to our customers, and we believe that by partnering with an innovative and rapidly growing company like iLogistic, we can further assist our partners on the path to success and growth," said Gergely Farkas, Managing Director of the GLS Group Eastern Europe region. "Our strategic goal is to support the export capabilities of domestic traders, for which outsourced logistics services present an ideal new option. With the help of the GLS network, our mutual partners can more easily meet the challenges in both domestic and foreign markets."

ILogistic, a Hungarian company specialising in logistics services to online shops including pick and pack, inventory management and returns, has been a trusted partner of GLS prior to this acquisition. The collaboration between GLS and iLogistic has been strengthened over time, with GLS serving as their last-mile delivery partner.

“Partnering with GLS marks a major milestone for iLogistic. We're enthusiastic about the potential this acquisition will offer for advancing our services and delivering even greater value to our clients,” says Bálint Csereklyei, CEO of iLogistic. "Together we are ready to set new standards of excellence in the logistics industry while leveraging GLS’ reputation and service quality to drive our international growth.”

The acquisition is aligned with GLS’ expansion strategy, including in adjacent markets, and represents a key step in deepening its service offering within Hungary. With a focus on serving businesses ranging from small enterprises to large service providers across various industries, iLogistic's significant growth reflects the increasing demand for market-leading fulfilment services.

This acquisition marks an exciting chapter in GLS's continued growth and commitment to serving the evolving needs of businesses across Hungary and beyond.

About GLS

GLS Group is one of the largest self-reliant parcel services providers in Europe, with a strong local presence in almost all countries across the continent. It also operates through wholly-owned subsidiaries in Canada and on the USA’s West Coast within one GLS network. This allows GLS to seamlessly connect its customers and communities with millions of parcels and stories every day. GLS’ network connects its markets with high velocity and flexibility to respond to their fast-changing and dynamic nature. The company takes pride in providing its customers across 40 countries high-quality service that best suits their needs. The GLS network consists of over 120 hubs and more than 1,600 depots, supported by more than 36,600 walkers, light vehicles and vans, and 6,500 trucks. This offers network resilience, superior flexibility, and extended reach. In 2023/24, GLS generated record revenues of 5.6 billion euros and delivered 905 million parcels across the markets. For more information, visit www.gls-group.com .

About iLogistic

iLogistic is one of Hungary's largest fulfilment service providers, offering scalable back-end support to its partners based on its extensive experience in warehouse management and logistics solutions since its establishment in 2016. In 2023, the company fulfiled over 1 million orders with the assistance of subcontractor partners, primarily through cooperation with GLS. iLogistic currently handles the daily turnover of around 300 e-commerce companies, including some of the largest players in the Hungarian market, all with a 100-person operation and over 14,000 square meters of warehouse space, while maintaining flexible and customer-focused operations. In addition to its significant presence in the Hungarian market, approximately 10% of its revenue already comes from international shipments, primarily targeting the European Union. iLogistic aims to be the leading service provider in the region, offering scalable and reliable services to its partners throughout the year with predictable pricing. For more information, visit www.ilogistic.hu/

GLS, Italy's leading express courier player, is back in the saddle, confirming its role as official sponsor of the 107th edition of the iconic 'Pink Race' for the third year running. For the first year, moreover, GLS will also be a sponsor of the Giro d'Italia Women.

The company, which will once again be present at the Giro d'Italia with a 'Traguardo Volante', will award the cyclist who crossed the GLS arch first in the previous stage each day, and, on 26 May in Rome, the overall winner of the GLS Traguardo Volante.

The Giro d'Italia is one of the three most important and prestigious stage road cycling races on the international calendar, together with the Tour de France and the Vuelta a España. A sporting event organised by RCS Sport lasting three weeks, starting, this year, on 4 May from Venaria Reale in Piedmont and finishing on 26 May in Rome, when the riders will have completed the 21 demanding stages. The Giro d'Italia Women, on the other hand, will be held from 7 to 14 July, in eight stages, starting in Brescia and finishing in Pescara.

This year, GLS will also transform its stand at the Open Village in the starting cities into a real travelling Parcel Shop that will allow the public, staff and partners to quickly and easily make shipments by purchasing them online from the GLS Store portal and dropping the parcel off directly at the GLS stand.

"We are proud to be able to ride alongside the world's best cyclists for all 3,400 km of the Giro d'Italia, which every year showcases the scenic and cultural wonders of our country," comments Elisa Piazzola, Chief Commercial Officer of GLS. "We have confirmed our commitment because we believe that the values of our company go perfectly with those of this beautiful sport, and because the 21 stages will prove to be a wonderful opportunity to meet all those communities where we work every day for the third year.

Milano, 19 March 2024 – GLS Italy, Italy's leading express courier player, has decided to "run" with the 22nd edition of the Milano Marathon. In fact, the company will once again be the Official Partner of one of the most important international running events.

GLS will be present with a stand at MiCo at the Milano Running Festival from 04 April to 6 April and on 7 April at Piazza San Babila.

Once again this year, the company has decided to involve customers and employees, who together will take part not only in the Relay Marathon and the Marathon on Sunday, but also in the Family Run, a 3 km run to be held on Saturday 6 April, starting from the Maspes-Vigorelli Velodrome and finishing at MiCo.

"Year after year, the Milano Marathon gathers more and more adhesions, confirming itself as one of the best-known events in the world of running,' comments Elisa Piazzola, GLS Chief Commercial Officer. 'Our company is proud to be Official Partner of this great event that not only embodies the values of determination and passion typical of sport, but also renews its spirit of solidarity, linking the event with a fundraising event in favour of non-profit organisations.”

About GLS Group

GLS Group is one of the largest self-reliant parcel services providers in Europe, with a strong local presence in almost all countries across the continent. It also operates through wholly-owned subsidiaries in Canada and on the USA’s West Coast within one GLS network. This allows GLS to seamlessly connect its customers and communities with millions of parcels and stories every day. GLS is proactive regarding network management, connecting its markets flexibly and agilely to respond to their fast-changing and dynamic nature. The company takes pride in providing its customers across about 40 countries with high-quality service that best suits their needs. The GLS network consists of over 120 hubs and more than 1,600 depots, supported by approximately 36,000 final-mile delivery vehicles and 6,200 long-distance trucks. This offers network resilience, superior flexibility, and extended reach. In 2022/23, GLS generated record revenues of 5.4 billion euros and delivered 862 million parcels across the markets.