PRAGUE -- STARTEEPO Invest (“STARTEEPO”), an alternative investment fund focused on public equity opportunities, announced that it has acquired a significant ownership position in Xerox Holdings Corporation (“Xerox” or the “Company”).

As of the date of this release, STARTEEPO and its affiliates beneficially owns 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 U.S. Securities and Exchange Commission (the “SEC”) providing additional details regarding its investment.

Investment Perspective

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

In STARTEEPO’s view, the Company is undergoing a multi-step transition focused on stabilizing revenues, improving margins, and strengthening its financial profile over time. STARTEEPO believes that even incremental progress across these areas may contribute to a more balanced market perception.

Shareholder Approach

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

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

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

STARTEEPO Invest Announces 5% Stake in Xerox Holdings Corporation