• GLS and SF connect their networks to support and benefit from each other’s continental strengths.
• Key benefits of the partnership include wider network reach, competitive pricing and enhanced service.

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

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-express.com

Neuenstein/Aschaffenburg October 23, 2024 – DPD and GLS announce a partnership to offer their respective customers one of the densest networks of drop-off and collection points in Germany by putting a nationwide ‘Out of Home’ partner network (parcel shops and open network of lockers) into operation.

The partnership aims to:

• Establish a comprehensive out-of-home partner network
• Set up provider-open parcel stations throughout Germany
• Give senders and receivers access to a total of around 20,000 out-of-home points within the next three years

DPD and GLS are already active players in the out-of-home delivery market, each operating around 8,000 parcel drop-off and pick-up points. To answer the growing market demand, the two key players are now partnering. This allows customers to use the parcel shops of both services to send and receive parcels. They also have the option of receiving and sending their parcels via shared parcel lockers. Online retailers and parcel shop operators will also benefit: they will be able to offer their customers an even greater choice of delivery options in the future.

DPD and GLS are now extending the opportunity for parcel shop operators to work with both companies. In addition, the two companies will create an open network of lockers across the country, starting with an investment equally supported by each partner to reach one thousand lockers by the end of 2025. The parcel lockers will be offered as an open system to all market players and CEP services.

DPD and GLS thus represent a customer-friendly alternative to closed system providers.

The joint development of the parcel locker network will naturally be based on close cooperation with retailers and third-party providers of parcel lockers, who will continue to play an important role in expanding the service. It will also ensure that lockers are within walking distance or a few minutes away from consumers, making it even easier to integrate sending and receiving parcels into their everyday lives - for example, on the way to work, after sports or when shopping.

Dr Achim Dünnwald, CEO of GLS Germany, says: "We consistently view the situation from our customers' perspective. We want to offer more services and greater flexibility when sending and receiving parcels outside their own four walls. Thanks to our cooperation with DPD, we can do this much better in one fell swoop: more contact points mean shorter distances for our parcel customers and more business for our parcel shop partners. This cooperation goes hand in hand with the aim of fundamentally accelerating the transformation of the 2C business of two strong partners."

Dr Karsten Schwarz, CEO of DPD Germany, explains: "This network partnership is the fastest way to offer our customers the best service. According to our Geopost E-Shopper Barometer , more than a quarter of German e-shoppers already prefer delivery in a parcel shop - and the trend is rising. The parcel industry needs creative solutions to best fulfill their customers’ needs for convenience and sustainable future – and this partnership is exactly that.”

With this partnership, the two key players underline their commitment to the sustainable development of the parcel delivery market in Germany. The joint creation of a strong out-of-home network will strengthen their respective positions and support the development of each of their delivery services while their customers and partners will continue to benefit from the specific features of both parcel services.

About DPD Germany

DPD has 79 depots and around 8,000 Pickup parcel shops throughout Germany. More than 8,500 employees and 11,500 delivery staff are on duty for customers every day. Every year DPD transports over 350 million parcels in the German parcel market. With innovative technologies and a consistent focus on the needs of all customers and consignees, DPD offers a simple, convenient and flexible service for B2B and B2C parcel shipping. DPD Germany is part of Geopost, a European leader in parcel delivery and solutions for e-commerce, operating in more than 50 countries, and providing more than 100,000 out-of-home contact points in Europe. Geopost generated a 15.7 billion euros revenue and delivered 2.1 billion parcels worldwide in 2023.

About GLS Germany

GLS Group is one of the largest independent parcel service providers in Europe with a strong local presence in almost every country on the continent as well as subsidiaries in Canada and on the west coast of the USA. The company was founded in 1989 as "German Parcel" from which GLS Germany emerged as part of the international GLS Group. With over 30 years of working experience, GLS operates a proactive network management and connects markets flexibly and agilely. GLS is proud to offer customers a high-quality service in around 40 countries. In Germany alone, GLS' out-of-home network consists of over 8,000 parcel shops and parcel lockers. In the 2023/24 financial year, the GLS Group generated a record turnover of 5.6 billion euros. Around 905 million parcels were delivered in all markets.

• GLS has agreed to acquire a 20% stake in Greek parcel carrier ACS.
• As the Greek market is geared towards long-term growth, this move strengthens GLS’ position by adding domestic parcel services to the existing cross-border offering.

Amsterdam, October 21, 2024 – 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 http://www.acscourier.net .

Quest Holdings/ACS IR Announcements Contact

Mr. Dimitris Papadiamantopoulos

Tel: +30 2119994762

d.papadiamantopoulos@info.quest.gr

• GLS opens a new national hub in the South of Paris, France, enhancing capacity and efficiency.
• The facility can process 15,000 parcels per hour and features advanced sorting systems and sustainable technologies, designed to significantly enhance productivity.

Oude Meer, September 26, 2024 – GLS, a leading parcel service provider with presence in Europe and North America, has officially opened its new national hub in the South of Paris (Coudray-Montceaux), France, on September 25th, 2024. Equipped with the latest technologies, this hub is designed to enhance GLS' capabilities in the parcel transport market, both in France and internationally.

The state-of-the-art hub will enable GLS France to meet the evolving needs of the e-commerce market and serve its customers even better through improved delivery tracking using geo-localised services, and by allowing last-minute changes for ultra-flexible delivery options.

Nicolas Robert, Managing Director of GLS France, commented: “We are proud to announce the opening of our new national hub in Coudray-Montceaux. The new hub will enhance our operational efficiency and enable us to meet the growing demands of our customers, reflecting our commitment to continuously improve our operations to deliver even more value to our customers.”

The hub features user-friendly automated sorting systems, modern IT management and real-time, dynamic production steering. It also includes advanced barcode scanning, tools for measuring parcel size and efficient truck movement management. A key focus in the site's design was ensuring staff safety through improved processes, equipment and training.

The facility meets the strictest environmental standards and aligns with GLS’ sustainability objectives. The simple and sleek structure includes photovoltaic solutions, 100% LED lighting adjustable based on external brightness and a rainwater harvesting system.
Key figures for the Coudray-Montceaux hub:

• 11,000 m² of operational space
• 1,600 m² of offices
• 114 Heavy Goods Vehicle doors with weatherproof seals, industrial lights, dock bumpers, external telescopic lip mini-levellers and reinforced jacks with concrete floors
• 15,000 parcels/hour with the highest quality standards
• 2 minutes 30 seconds from entry to exit
• Less than 6% non-conveyable
• 1,200 photovoltaic panels
• 5,000 litres of rainwater harvesting capacity
• 100% natural LED lighting
• 14 electric charging stations, including one heavy-duty supercharger

About GLS

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

GLS France Media Contact

communication@gls-france.com

• GLS expands portfolio with acquisition of Hungarian e-commerce fulfilment company iLogistic
• The acquisition of iLogistic represents another stride in GLS' strategy to enhance its prominent presence in Europe, leveraging local and national strengths

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 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’ 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 .

GLS Group Media Contact

Press@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 Poland and ORLEN are entering a strategic partnership creating Poland’s first shared network for parcel machines.
• Domestic and international GLS parcels can soon be picked up and shipped at ORLEN parcel machines.

Oude Meer, July 17, 2024 – GLS Poland and ORLEN are pleased to announce a strategic partnership, combining GLS’ leading parcel delivery services with ORLEN's extensive parcel machine network in Poland.

Commenting on today’s announcement, Tomek Zwiercan, Managing Director of GLS Poland, said: “This is a milestone in the development of GLS in Poland and a key step in expanding our out-of-home delivery network. When looking at how to serve our customers even better in the last mile, we identified a partnership with ORLEN as the most attractive option for our customers.”

GLS Poland is the first local parcel service provider to have access to the ORLEN parcel locker network. The new partnership gives GLS customers access to over 6,000 ORLEN parcel machines throughout Poland and is the start of a long-term partnership that will allow GLS Poland to meet future customer needs flexibly. Including the existing network, GLS will deliver to over 11,000 points throughout Poland.

Maciej Chlodziński, Head of the Parcel Machines Network Department at ORLEN, said: “This is the realisation of previously announced plans to develop the ORLEN parcel machine network and a response to the demand of parcel service providers in Poland. Sharing the network will enable more efficient utilisation and will result in reduced environmental impact.”

GLS customers will be able to pick up parcels from ORLEN parcel machines in Poland by October, before the start of the peak season. As a next step, customers will also be able to send parcels through the ORLEN network.

The partnership not only enhances local delivery options in Poland but also strengthens GLS' groupwide OOH footprint, adding to an impressive OOH network of 70,000 parcel shops and 15,000 parcel lockers (June 2024), including network partners.

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 ORLEN

The ORLEN Group is an integrated multi-energy concern belonging to the 150 largest companies in the world and listed in the Fortune Global 500 and Platts TOP250 global rankings. It was the first company in the region to declare achieving total emission neutrality in 2050. The company operates on 10 markets - in Poland, the Czech Republic, Germany, Austria, Lithuania, Slovakia, Hungary, Canada, Norway and Pakistan. It has assets capable of processing over 45 million tons of oil per year, and conducts retail sales using the largest network of 3,500 gas stations in the region. The ORLEN Group's offer reaches over 100 countries on 6 continents.

ORLEN also owns a network of ORLEN Paczka parcel machines. The network already has 6,000 machines and is within reach of more than 40% of customers in Poland at a walking distance of less than 7 minutes. ORLEN Paczka parcel machines in the Gemius report “E-commerce in Poland 2023” are among the best-rated machines in terms of service quality. Parcels can be picked up conveniently using pickup codes, QR codes or by opening the box remotely.

For questions, please reach out to:

Malgorzata Markowska, GLS Poland

E-mail: malgorzata.markowska@gls-poland.com

Phone: +48 695 354 791

Adriana Kondratowicz, PR Expert

E-mail: akondratowicz@prexpert.com.pl

Phone: + 48 502 332 358

• GLS strengthens its e-commerce service offering by entering the fulfilment market with the acquisition of E-Log Logística Insular, S.L.
• This strategic move enables GLS to offer a comprehensive range of fulfilment and logistics solutions, particularly in serving customers between the Spanish peninsula and the Spanish Islands.

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 www.e-log.es .

For more information, please contact:

press@gls-group.com

• GLS expands portfolio with acquisition of Hungarian e-commerce fulfilment company iLogistic
• The acquisition of iLogistic represents another stride in GLS' strategy to enhance its prominent presence in Europe, leveraging local and national strengths

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 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’ 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 .

GLS Group Media Contact

Press@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/

Oude Meer, March 28, 2024 – GLS has committed to set near-term and long-term science-based targets (SBTs) to reduce greenhouse gas (GHG) emissions across its operations in line with the Science Based Targets initiative (SBTi). With this commitment, GLS continues its long-term dedication to environmental protection and reducing its carbon footprint.

Guided by the environmental program Climate Protect, GLS is continuously implementing measures to avoid and reduce its carbon emissions. With the SBTi commitment, GLS is now taking the next step to ensure that its reduction path is in line with the latest climate science.

“We are proud to announce our commitment to set SBTs, which further demonstrates our dedication to sustainability. It ensures that our efforts remain aligned with the latest climate science while we continue to invest in our operations and proceed on the challenging path towards a greener future," said Dr. Karl Pfaff, Chief Executive of GLS.

During the past two years, GLS has nearly doubled the number of zero- and low-emission vehicles*, now counting more than 4,300 vehicles in the transport fleet. It has introduced its first electric trucks in Canada and Italy and continues to test future alternatives, such as a hydrogen-powered truck in Germany. Furthermore, GLS uses renewable electricity in over 80% of GLS-operated buildings.

As part of the commitment, GLS plans to work closely with SBTi to determine GHG emissions reduction targets for Scope 1, 2, and 3. The company expects to submit the developed targets for validation by the SBTi within 2024.

About SBTi

SBTi is a partnership between CDP, the UN Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). It defines and promotes best practices in setting science-based emission reduction targets and brings together a team of experts to provide independent assessment and validation of targets.

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 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. For more information, visit www.gls-group.com .

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* This means vehicles that during operation create either sigificantly lower emissions than diesel- and gasoline-powered vehicles (e.g. LPG, CNG or LNG vehicles) or no emissions (e.g. electric or hydrogen vehicles).