Hong Kong – Cherish Sunshine International Limited (“CHERISH SUN”) announced a supplemental agreement with its placing agent to defer the completion date of its new-share placing under general mandate from the original schedule to 18 August 2026.

All conditions precedent stipulated in the 23 July 2026 Placing Agreement have been satisfied. However, certain placees require additional time to transfer funds from overseas to Hong Kong, preventing completion within the initially stated timeframe.

Under the supplemental agreement signed on 12 August 2026 (after trading hours), the placing agent has confirmed that the net proceeds of the placing will be remitted to CHERISH SUN on 18 August 2026. Apart from the revised completion date, every other term and condition of the original Placing Agreement remains unchanged.

The company intends to issue further announcements regarding the placing’s completion as necessary.

As of the date of this announcement, CHERISH SUN’s board consists of: • Executive Director: Yang Hua (Joint Chairman and Chief Executive) • Non-executive Director: Ng Siu Hong • Independent Non-executive Directors: Zhao Zhijiao (Joint Chairman), He Zhi, and Wang Xiaoqiong