Cherry Trading Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Cherry Trading Company is pleased to invite the shareholders to participate and vote in the Extraordinary General Assembly Meeting (First Meeting) scheduled to be held virtually at 18:30 pm on Monday 07/01/1448H (22/06/2026G).
City and Location of the General Assembly's Meeting	Riyadh/ Head Office (remotely and via modern technology means)
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-22 Corresponding to 1448-01-07
Time of the General Assembly’s Meeting	18:30
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	Each shareholder registered in the Company’s Shareholders Register maintained at the Depository Center (“Edaa”) at the end of the trading session preceding the General Assembly meeting is eligible for remote attendance, Discussing the Assembly’s Items, Asking questions and voting through Tadawulaty at the General Assembly meeting as per the rules and regulations.
Quorum for Convening the General Assembly's Meeting	An Extraordinary General Assembly meeting shall be valid if attended by shareholders representing at least 50% of the company’s shares with voting rights. If the required quorum for holding this meeting is not met, a second meeting shall be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid if attended by shareholders representing at least 25% of the company’s shares with voting rights.
General Assembly Meeting Agenda	1. Review and discuss the Board of Directors’ Report for the fiscal year ended 31 December 2025. 2. Vote on the Company’s External Auditor’s Report for the fiscal year ended 31 December 2025. 3. Review and discuss the financial statements for the fiscal year ended 31 December 2025. 4. Vote on discharging the members of the Board of Directors from liability for the fiscal year 2025. 5. Vote on the payment of SAR 1,100,000 as remuneration to the members of the Board of Directors for the fiscal year ended 31 December 2025. 6. Vote on the appointment of the Company’s external auditor from among the candidates nominated based on the recommendation of the Audit Committee to examine, review, and audit the financial statements for the second and third quarters and the annual financial statements for fiscal year 2026, and the first quarter of fiscal year 2027, and determine their fees. 7. Vote on the appointment of Mr. Nasser bin Ibrahim Al-Omair as a member of the Board of Directors. 8. Vote on the Board of Directors’ recommendation to distribute cash dividends amounting to SAR 15,000,000 to shareholders for the fiscal year ended 31 December 2025, at SAR 0.5 per share, representing 5% of the share capital, provided that eligibility shall be for shareholders owning shares at the end of trading on the date of the General Assembly meeting and registered in the Company’s shareholders register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the General Assembly meeting. Dividend distribution shall commence on 24 June 2026. 9. Vote on authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2026. 10. Vote on authorizing the Board of Directors with the powers of the Ordinary General Assembly regarding the authorization set out in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of the Ordinary General Assembly approval or until the end of the delegated Board term, whichever is earlier, in accordance with the conditions set out in the Implementing Regulations of the Companies Law for Listed Joint Stock Companies. 11. Vote on the contracts concluded during the fiscal year ended 31 December 2025 between the Company and H-10 Logistics Services Company, in which Board Member Mr. Abdulaziz Saleh Al-Suwail (Executive Member) has an indirect interest by virtue of his position as a Board Member in Saudi Edarah Company, which owns H-10 Logistics Services Company. The transaction consists of a one-year vehicle transportation contract, with a transaction value amounting to SAR 6,600,795, concluded on prevailing commercial terms. 12. Vote on the contracts concluded during the fiscal year ended 31 December 2025 between the Company and Saudi Edarah Company (the Parent Company), in which Board Member Mr. Abdulaziz Saleh Al-Suwail (Executive Member) has an indirect interest by virtue of his position as a Board Member in Saudi Edarah Company. The transaction consists of a one-year lease agreement for a workshop and warehouse in Riyadh, with a transaction value amounting to SAR 2,831,829, concluded on prevailing commercial terms. 13. Vote on the contracts concluded during the fiscal year ended 31 December 2025 between the Company and Saudi Edarah Company (the Parent Company), in which Board Member Mr. Abdulaziz Saleh Al-Suwail (Executive Member) has an indirect interest by virtue of his position as a Board Member in Saudi Edarah Company. The transaction consists of a one-year land lease agreement in Riyadh City, with a transaction value amounting to SAR 456,342, concluded on prevailing commercial terms. 14. Vote on the contracts concluded during the fiscal year ended 31 December 2025 between the Company and Saudi Edarah Company (the Parent Company), in which Board Member Mr. Abdulaziz Saleh Al-Suwail (Executive Member) has an indirect interest by virtue of his position as a Board Member in Saudi Edarah Company. The transaction consists of the payment of legal office fees relating to the joint engagement between Shari Trading Company and Saudi Edarah Company (Parent Company) for a period of one year, with a transaction value amounting to SAR 52,028, concluded on prevailing commercial terms. 15. Vote on the contracts concluded during the fiscal year ended 31 December 2025 between the Company and Elegant Vehicle Carwash Services Company, in which Board Member Mr. Abdulaziz Saleh Al-Suwail (Executive Member) has an indirect interest by virtue of his position as a Board Member in Saudi Edarah Company, which owns Elegant Vehicle Carwash Services Company. The transaction consists of a one-year vehicle washing contract, with transaction amounts totaling SAR 1,038,997, concluded on prevailing commercial terms. 16. Voting on the amendment of the Company’s Articles of Association to align with the new Companies Law, and the reorganization and renumbering of the Articles to reflect the proposed amendments. 17. Voting on the amendment of Article (Four) of the Company’s Articles of Association relating to the (Company’s Objectives). 18. Voting on the amendment of Article (Seven) of the Company’s Articles of Association relating to (Capital). 19. Voting on the amendment of Article (Nine) of the Company’s Articles of Association relating to (Bonds and Sukuk). 20. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Ten) relating to (Sale of Shares with Unpaid Value). 21. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Eleven) relating to (The Right to Issue Other Classes and Types of Shares). 22. Voting on the amendment of Article (Sixteen) of the Company’s Articles of Association relating to (Management of the Company). 23. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Twenty-One) relating to (Board Deliberations). 24. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Twenty-Three) relating to (Formation of Committees). 25. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Thirty-Two) relating to (Resolutions of General Assemblies). 26. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Thirty-Two) relating to (Discussions in General Assemblies). 27. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Thirty-Seven) relating to (Financial Documents). 28. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Forty) relating to (Entitlement to Profits). 29. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Forty-One) relating to (Distribution of Profits for Preferred Shares). 30. Voting on adding a new Article to the Company’s Articles of Association numbered (Article Forty-Three) relating to (Dissolution of the Company).
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Dear shareholders are entitled to discuss the items listed on the agenda of the General Assembly and direct questions. Shareholders registered in Tadawulaty services may also vote electronically and remotely on the Assembly’s agenda items.
Details of the electronic voting on the Assembly’s agenda	Shareholders registered in Tadawulaty system may vote remotely on the General Assembly meeting’s agenda. Electronic voting will start at 1:00 AM, on Thursday 03/01/1448H corresponding to 18/06/2026G and will continue until the General Assembly meeting ends. Voting and registration in Tadawulaty system are provided free of charge to all shareholders using the link (www.tadawulaty.com.sa ).
Method of Communication in Case of Any Enquiries	In the event of an inquiry, we hope to contact the Investor Relations Department during office hours from 8:00 am to 4:00 pm through Phone No.: 0115115600 Extension 150: Or Email: Asma.Alghamdi@cherry.com.sa
Additional Information	The shareholders registered on Tadawulaty website will be notified with a text message explaining the mechanism of participation in the deliberations of the Ordinary General Assembly meeting. Questions and inquiries of shareholders, before and during the Assembly meeting, can be sent via (Asma.Alghamdi@cherry.com.sa ).
Attached Documents	Attached Documents