Quest Holdings S.A. (''quest''), following its announcement dated 4-8-2023 and following subsequent press articles stating that it does not participate in the process of a possible acquisition of Kotsovolos, points out that, as stated in its above announcement, it has not submitted a binding offer, for which it would have an obligation to inform the investment public. In particular, it is clarified that ''QUEST'' participates in the Kotsovolos process, which at this stage is in the phase of submitting indicative & non-binding offers, having respectively submitted its own indicative & non-binding offer. This process is in progress, so it is not certain that this process will lead to a definitive agreement with QUEST.
QUEST will, in accordance with the law, make without delay the required announcements to inform the investors and the public, if and when any binding agreement is concluded.