Cloopen Forms Special Committee

eb3edd069b88f50d552d4bb0291484f2 Cloopen Announces Formation of Special Committee

BEIJING, Dec. 29, 2025 — Cloopen Group Holding Limited (OTC: RAASY) (“Cloopen” or the “Company”) announced today that its Board of Directors (the “Board”) has established a special committee comprising three independent directors—Mr. Adam J. Zhao, Mr. Tim Yimin Liu, and Mr. Ziguang Gao—to assess and review the preliminary non-binding proposal letter previously disclosed on December 22, 2025 (the “Proposal”). Mr. Adam J. Zhao serves as chair of the special committee.

The Board advises the Company’s shareholders and those contemplating transactions in the Company’s securities that it has not reached any decisions regarding the Proposal. No guarantee can be provided that a definitive offer will be forthcoming, that a binding agreement concerning the transaction outlined in the Proposal will be finalized, or that the transaction described in the Proposal or any comparable transaction will receive approval or be completed. The Company assumes no duty to furnish updates on any transaction, save as mandated by applicable law.

About Cloopen Group Holding Limited

Cloopen Group Holding Limited stands as a premier provider of multifunctional cloud-based communications solutions in China, delivering a comprehensive portfolio that encompasses Communications Platform as a Service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). The company’s mission centers on elevating the everyday communications experience and boosting operational efficiency for businesses. Cloopen seeks to spearhead the evolution of the enterprise communications sector by supplying innovative marketing strategies, operational methodologies, and software-as-a-service (SaaS) tools.

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Forward-Looking Statements

This announcement includes forward-looking statements prepared pursuant to the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be recognized through terminology including “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and comparable expressions. Cloopen may additionally issue forward-looking statements in written or verbal form in its SEC filings and submissions, its annual shareholder reports, press releases, and other documented communications, as well as in oral remarks delivered by its executives, board members, or staff to external parties. Any statements that are not historical in nature, including those concerning Cloopen’s convictions and projections along with its financial forecasts, constitute forward-looking statements. These forward-looking statements reflect Cloopen’s present expectations and encompass factors, risks, and uncertainties that may lead to actual outcomes varying substantially from those anticipated in the statements. Additional details concerning these and other risks, uncertainties, or elements appear in Cloopen’s SEC filings. All data presented in this announcement is accurate as of the release date, and Cloopen assumes no duty to revise such data, unless legally compelled. This cautionary notice qualifies all forward-looking statements in full, and readers are advised against placing excessive dependence on these forward-looking statements.

For questions from investors and media, please contact:
Cloopen Group Holding Limited
Investor Relations
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ORIGIN Cloopen Group Holding Limited

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