On August 21, 2026, Cheetah Net Supply Chain Service Inc. (the "Company") entered into a sales agreement (the "Sales Agreement") with Pacific Century Securities, LLC (the "Sales Agent"), acting as the Company’s sales agent, pursuant to which the Company may offer and sell, from time to time, to or through the Sales Agent shares of Class A common stock of the Company, par value $0.0001 per share (the "Class A Common Stock"), having an aggregate offering price of up to $35,280,213.01 (the "Shares").

 

The Company is not obligated to sell any of the Shares under the Sales Agreement. Subject to the terms and conditions of the Sales Agreement, upon delivery of a placement notice, the Sales Agent will use commercially reasonable efforts consistent with its normal trading and sales practices, applicable state and federal law, rules and regulations, and the rules of the Nasdaq Capital Market to sell the Shares from time to time based upon the Company’s instructions, including any price, time, or size limits specified by the Company in the applicable placement notice.