STARTEEPO Invest Announces 5% Shares in Xerox Holdings Corporation

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PRAGUE – STARTEEPO Invest (“STARTEEPO”), an alternative investment fund focused on public equity opportunities, today announced that it has acquired a significant ownership position in Xerox Holdings Corporation (“Xerox” or the “Company”). We view Xerox as a deep value opportunity and today it represents one of the largest positions in our portfolio, reflecting our strong confidence in the company’s long-term potential.

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As of the date of this issuance, STARTEEPO and its beneficially owned subsidiaries own 6.6 million shares of Xerox (excluding options), representing approximately 5.05% of the Company’s outstanding common stock. STARTEEPO has filed a Schedule 13D with the US Securities and Exchange Commission (“SEC”) providing additional information about its investments.

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Investment Perspective

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STARTEEPO believes that Xerox represents an attractive investment opportunity supported by a combination of balance sheet initiatives, continuous operational improvement, and its position within a changing and consolidating industry.

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From STARTEEPO’s perspective, the Company is undergoing a multi-step transformation focused on strengthening revenue, improving valuations, and strengthening its financial profile over time. STARTEEPO believes that even incremental progress in all these areas can contribute to a balanced market perception.

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Shareholder Approach

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STARTEEPO intends to act as a constructive, long-term shareholder and may engage in discussions with Xerox management and the Board of Directors regarding the Company’s business, strategy, capital structure, and opportunities to enhance shareholder value. The company may also communicate its investment vision to institutional investors and market participants.

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František Bostl, Chairman of the Board of STARTEEPO Invest, commented:

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“We view Xerox as a deep value opportunity and today it represents one of the largest positions in our portfolio, reflecting our strong confidence in the company’s long-term potential. We are honored to be part of the history of this remarkable technology company.”

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More information is available at www.starteepo.com/xerox.

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About STARTEEPO Invest

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STARTEEPO Invest is another investment fund based in Prague, Czech Republic, focused on identifying the most reliable opportunities in the public equity markets. The firm uses a fundamental, long-term investment approach that focuses on systematic analysis and constructive engagement.

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This communication expresses only the opinion of STARTEEPO and its affiliates and not of any other party. This communication is for informational purposes only and does not constitute investment advice, recommendations, or an offer to buy or sell any securities. STARTEEPO’s opinions expressed here are based on publicly available information and analysis. STARTEEPO, at any time and without notice, may buy, sell, reduce, increase, or otherwise change its investment position, including for reasons that may be inconsistent with the views expressed in this communication. Investing in securities involves significant risk, including the potential loss of the principal amount invested. Past performance is not a reliable indicator of future results. Every investor should conduct their own independent research and due diligence or consult a licensed financial, legal, or tax advisor before making any investment decision.

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