Corporate Presentation Based on H1 2017 Financial Results 1 01. - PowerPoint PPT Presentation

Corporate Presentation Based on H1 2017 Financial Results 1

01. QUEST GROUP OVERVIEW Table of Contents 02. FINANCIAL PERFORMANCE 03. AREAS of ACTIVITY 2

01. QUEST GROUP OVERVIEW 3

Quest Group at a Glance (6M 2017) More than Diversified business Value operations applying active 192m 35 years successful creation track management Revenues track record record (est. in 1981) principles Active in IT Products, IT More than 1.538 162m Services, Courier/Post , 10 Countries Group Total Equity Financial Transactions, Workforce International Presence Renewable Energy 4

Strategy Building Blocks Innovation Customer International Diversification Driven Expansion Human Capital & Values Operational Excellence 5

Share & Shareholders Structure (30/9/2017) Free Float 24% Theodoros Total Capital Return to the Fessas Eftychia Shareholders (2007-2016) 51% Koutsoureli € 53.080k 25% 1.400,0 12,00 1.200,0 10,00 1.000,0 8,00 800,0 95m 6,00 600,0 4,00 Capitalization 400,0 2,00 200,0 0,0 0,00 2014 2015 2016 2017 6 General Index Quest

02. FINANCIAL PERFORMANC Ε 7

Quest Group P&L (6months 2017) 6M 2017 6M 2016 % Amounts in ,000 € Sales 192.056 176.551 8,8% EBITDA 15.732 13.339 17,9% % EBITDA 8,19% 7,56% EBT 8.110 8.285 -2,1% % Adjusted EBT 4,22% 4,69% EAT 4.704 5.575 -15,6% EAT & Minority interests 4.662 4.664 0,0% Depreciations & Amortizations 5.203 3,3% 5.036 CAPEX 7.826 -14,3% 9.128 8

Quest Group P&L (6months 2017) Amounts in ,000 € SALES 200.000 2017 VS 2013 192.056 +36,3% 176.551 150.000 161.845 148.981 140.942 4years CAGR 100.000 +8% 50.000 - 2013 2014 2015 2016 2017 EBITDA EBT 20.000 10,0% 4,7% 8,2% 10.000 5,0% 4,2% 7,6% 2017 VS 2013 8,0% 15.000 3,6% 6,4% 6,3% 8.000 4,0% 2017 VS 2013 +175% 15.732 8.285 8.110 6,0% +181% 13.339 6.000 3,0% 4,1% 10.000 2,0% 4years CAGR 10.297 4,0% 9.421 5.415 4.000 2,0% 4years CAGR +28,7% 5.000 2,0% +29,4% 5.725 0,2% 2.000 1,0% 2.887 - 0,0% 309 - 0,0% 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 9 EBITDA EBITDA Margin EBT EBT Margin

Quest Group P&L (full year) SALES Amounts in ,000 € 450.000 400.000 350.000 388.227 353.405 300.000 6M 2017 VS 6M 2016 314.949 294.652 250.000 +9% 200.000 150.000 192.056 176.551 100.000 50.000 - 2013 2014 2015 2016 6M 6M 2016 2017 EBITDA EBT 35.000 10,0% 4,7% 20.000 4,5% 5,0% 8,2% 8,2% 4,2% 30.000 7,6% 31.792 8,0% 6,3% 4,0% 17.294 25.000 6,0% 15.000 6,0% 20.000 6M 2017 VS 6M 2016 3,0% 15.732 4,1% 19.861 21.324 10.000 15.000 6M 2017 VS 6M 2016 8.110 +18% 4,0% 2,0% -2,1% 10.000 13.339 1,1% 8.285 12.143 0,5% 2,0% 5.000 0,5% 5.000 1,0% 3.588 - 0,0% 1.878 1.602 - 0,0% 2013 2014 2015 2016 6M 6M 2013 2014 2015 2016 6M 6M 2016 2017 2016 2017 10 EBITDA EBITDA Margin EBT EBT Margin

Continuing operations (6months 2017) 2016 2017 +11% Sales Sales 172.859 192.056 01 01 02 02 +106% EBITDA EBITDA 7.653 15.732 EBT +22% EBT 6.667 8.110 03 03 11

Highlights (6M 2017) Continued to invest in Greece under distressed macro Organic Profitability Growth conditions Significant Capex investments (€ 7,8m – Cardlink POS network >155k POS) New Photovoltaic Park (2MW - investment € 1,5m) Turnaround of continued loss making activities (QoL & UNI TR.) Financially Healthy Position Net Cash “Recovering” of 2016 Quest Net cash Position / Positive Cash flow € 20m Energy results (Sales, EBITDA, Capital Return to QE Minorities € 8,4m EBT) 12

Quest Group Balance sheet (6M 2017) Group Balance Sheet 6M 2017 2016 Tangible & intangible assets 67.861 63.040 Goodwill 25.878 25.537 Other 35.262 28.457 Non-current assets 129.002 117.034 Inventories 18.102 17.080 348m 162m Trade & other receivables 98.087 106.941 Cash and cash equivalents 58.157 65.931 Total Assets Total Equity Held for sale financial assets 28.515 27.796 Other 16.144 3.480 Current assets 219.004 221.228 Total assets 348.006 338.263 Total equity 162.092 165.956 58m Borrowings-Long Term 19.439 23.236 21m Net Other 22.609 16.496 Non-current liabilities 42.048 39.732 Tangible Cash/(Debt) Borrowings-Short Term 17.821 22.837 Assets Trade & other payables 108.635 101.385 Other 17.409 8.351 Current liabilities 143.865 132.573 Total Liabilites & equity 348.006 338.263 13 Net cash/(debt) 20.897 19.858

Quest Group Cash Flow (6M 2017) Group Cash Flow 6M 2017 6M 2016 EBITDA 15.732 13.339 Depretiation/Amortizations -4.224 -4.078 Financial cost/(income) -1.784 -1.960 Capex(tangible assets) -7.036 -8.573 FCF(ops) 6.912 2.806 Receivables 8.847 -4.226 Inventories -916 3.350 Income Tax paid -1.196 -7 Debt-Banks -10.277 -26.951 Capital Return -8.559 -2.392 Other Liabilities (Trade & other 7.099 27.675 payables) Other -9.489 -5.815 Operation 26.241 37.815 Total Cash Movements for the year Investment -14.966 -13.719 Financial -18.854 -29.656 Total Change -7.579 -5.560 Cash & Equivalent at beginning of year 65.736 53.311 14 Cash & Equivalent at end of year 58.157 47.751

H1 Post Balance Sheet Events 31 st of July 2017 BriQ Properties Minority interests (45%) REIC carve out and listing on the acquisition of Quest Energy S.A. Main Market of the Athens with total consideration of € Stock Exchange. (11.921.531 2.400k ordinary shares with nominal 01 02 value of € 2,3 each) Capital decrease of Quest Holdings S.A. with cash return to the shareholders. ( € 0,34 per share / € 4.050 k total) 03 15

Outlook o Focus on Retaining Profitability and Cost Optimization IT Products o Significant Growth and profit Turnaround of Qonline (You.gr) (Wholesale/ Retail) o Further Exploit Cooperation with Xiaomi / Expand Products line o Focus to Expand Istorm retail network o Focus on Retaining – Improving Profitability o Focus on Growth in EU Services division IT Services o Lack of new Public Work projects – Focus on Cost Reduction in PW Division o Focus on Retaining 2016 Profitability o Growth in Courier from E-commerce / Improve market share in Post Courier & Postal o Invest in advanced Infrastructure (new automated sorting hub) to improve capacity and better explore future E-commerce Growth to be shifted in 2018-2019 o Significant Growth both in POS & Transactions Financial o Significant Investments NPOS – with no debt increase Transactions o Focus on Profit(EBT) Turnaround & Reduce fin leverage o Return in cash of ~ €4m / Q4 -2017 o QE – Explore opportunities for new PV parks with discounted valuations Other 16 o Re-calculation of Cardlink acquisition earn out and test for impairment in remaining assets

03. AREAS of ACTIVITY 17

Segment Description IT Products IT Services (Wholesale/ Retail) Courier & Financial Postal Transactions Energy &  Largest distributor of H/W and S/W products in  #1 system integrator in Other Greece domestic market  Largest Local Courier  Certified Greek partner of  30+ countries of  Leading POS network Operator in SE  Owns & operates 3 major international vendors operations operator in Greece Europe  Own Brand assembler & photovoltaic parks of  600+ customers across  >218K POS  Leading Alternative distributor 0,7MW power industries & geographies Postal Operator in  >50% market share  Apple’s Value Added  80% of revenues from Greece  REIC with NAV of Distributor for Greece &  124m transactions services  46m shipments/year Cyprus € 27,3m(carve out at  50+ years in ICT business  Serves all major banks (courier & Post) 31 st July 2017)  120 service centers for  40+ years experience in  500+ Service Points  Personnel: 62 Technical Support finance & telecoms  36 years experience  Advanced e-commerce  Personnel: 9  Personnel: 674  30.000m2 facilities platform consultants and  Personnel: 448  Personnel: 345 technology professionals 18

Segment P&L (6months 2017) Amounts in ,000 € Financial Courier & IT Products IT Services Energy & Other Total Group Transactions Postal (Wholesale/ Retail) 250 86.709 14.908 42.984 47.205 8% 0,1% 22% 192.056k Sales 45% 25% 5.362 5.859 1.779 1.767 965 6% 11% 37% 11% 15.732k 34% EBITDA EBITDA Margin 2% 4% 11,4% 39,3% 8,2% 19

IT Products (Wholesale/Retail) 6months 2017 Amounts in ,000 € Other cons. entries Total 55.056 5.976 28.434 7.855 (10.611) 86.709 2017 Sales +8% 2016 51.003 4.548 27.614 5.847 (8.679) 80.333 2017 842 91 731 128 (14) 1.779 EBITDA +20% 2016 681 (142) 851 112 (18) 1.483 2017 166 42 625 (68) (14) 751 EBT +12% 2016 229 (183) 682 (38) (18) 672 20

IT Services (6months 2017) Amounts in ,000 € Other Total 2017 43.361 (378) 42.984 Sales +4% 2016 41.594 (360) 41.234 2017 1.767 - 1.767 EBITDA -9% 2016 1.951 - 1.951 985 (150) 835 2017 -35% EBT 2016 1.397 (110) 1.288 21

Courier & Post (6months 2017) Amounts in ,000 € Other cons. entries Total 47.798 (593) 47.205 2017 Sales +14% 41.643 (186) 41.457 2016 2017 5.343 19 5.362 EBITDA +27% 2016 4.188 26 4.214 2017 4.840 19 4.859 +30% EBT 2016 3.703 26 3.729 22