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Cherry AG, DE000A3CRRN9

Cherry AG, DE000A3CRRN9

08.07.2021 - 18:10:39

Cherry AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Notification of Major Holdings

1. Details of issuer Name: Cherry AG Street: Einsteinstr. 174 Postal code: 81677 City: M?nchenGermany Legal Entity Identifier (LEI): 984500DF98AA2E011444 2. Reason for notification X Acquisition/disposal of shares with voting rights ? Acquisition/disposal of instruments ? Change of breakdown of voting rights ? Other reason: 3. Details of person subject to the notification obligation Legal entity: Argand Partners Fund GP-GP, Ltd.City of registered office, country: Grand Cayman, Cayman Islands 4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.Cherry TopCo S.? r.l. 5. Date on which threshold was crossed or reached: 06 Jul 2021 6. Total positions ? % of voting rights attached to shares (total of 7.a.) % of voting rights through instruments (total of 7.b.1 + 7.b.2) Total of both in % (7.a. + 7.b.) Total number of voting rights pursuant to Sec. 41 WpHG New 41.86 % 6.98 % 48.83 % 24,300,000 Previous notification 46.52 % 6.98 % 53.50 % / 7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG) ISIN Absolute In % ? Direct (Sec. 33 WpHG) Indirect (Sec. 34 WpHG) Direct (Sec. 33 WpHG) Indirect (Sec. 34 WpHG) DE000A3CRRN9 0 10,171,395 0.00 % 41.86 % Total 10,171,395 41.86 % b.1. Instruments according to Sec. 38 (1) no. 1 WpHG Type of instrument Expiration or maturity date Exercise or conversion period Voting rights absolute Voting rights in % 0 0.00 % ? ? Total 0 0.00 % b.2. Instruments according to Sec. 38 (1) no. 2 WpHG Type of instrument Expiration or maturity date Exercise or conversion period Cash or physical settlement Voting rights absolute Voting rights in % Redelivery claim from securities lending 29.07.2021 30 Days Physical 1,695,000 6.98 % ? ? ? Total 1,695,000 6.98 % 8. Information in relation to the person subject to the notification obligation? Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.). X Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: Name % of voting rights (if at least 3% or more) % of voting rights through instruments (if at least 5% or more) Total of both (if at least 5% or more) Argand Partners Fund GP-GP, Ltd. % % % Argand Partners Fund GP, LP % % % Rainier Co-Investment Holdings, LP % % % Cherry HoldCo S.? r.l. % % % Cherry TopCo S.? r.l. 41.86 % 6.98 % 48.83 % 9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:Proportion of voting rights Proportion of instruments Total of both % % % 10. Other explanatory remarks:? Date08 Jul 2021

08.07.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Cherry AG Einsteinstr. 174 81677 M?nchen

Germany ? End of News DGAP News Service

1216953??08.07.2021?

@ dgap.de