Cherry SE Announces Equity Loss and Continues Restructuring

Munich, September 11, 2025 – Cherry SE's Management Board has disclosed a significant reduction in the company's balance sheet equity, impacting over half of the registered share capital. This disclosure follows a thorough financial review and aligns with the German Stock Corporation Act's requirements. The equity decline is mainly due to reduced sell-in sales as a result of strategic inventory reduction efforts, both internally and with distribution partners.

Despite this financial adjustment, Cherry SE assures stakeholders that its restructuring plan remains on course. The company plans to publish its first half-year report on September 26, 2025. An extraordinary general meeting will be convened to inform shareholders about the equity status change. This meeting complies with Section 92 of the AktG.