Cloopen Group Holding Limited announced changes in independent directors of the Company. The Company received a letter of resignation dated May 18, 2022 from Mr. Ching Chiu and a letter of resignation dated May 18, 2022 from Mr. Yunhao Liu, both notifying the Company of his resignation as an independent director of the Company and all his positions in the board of directors of the Company and its relevant committees for personal reasons not resulting from any disagreement with the Company on any matter relating to the Company's operations, policies or practice, effective from May 18, 2022. Mr. Adam J. Zhao agreed to be and was appointed as a new independent director to serve on the Board, effective May 18, 2022.

Mr. Adam J. Zhao was also appointed to serve as the chairman and a member of the audit committee of the Board, a member of the compensation committee of the Board, a member of the nominating and corporate governance committee of the Board and the chairman and a member of the special committee of the Board. Mr. Tim Yimin Liu agreed to be and was appointed as a successor independent director to serve on the Board, effective May 18, 2022. Mr. Tim Yimin Liu was also appointed to serve as a member of the audit committee of the Board, a member of the nominating and corporate governance committee of the Board and a member of the special committee of the Board.

Mr. Adam J. Zhao served as the chief financial officer and board secretary of PapayaMobile from January 2015 to February 2021. Prior to joining PapayaMobile, Mr. Zhao served as the chief financial officer and board secretary of Country Style Cooking Restaurant Chain Co. Ltd. Mr. Tim Yimin Liuhas served as a partner at Global Law Office since July 2020.

Before joining Global Law Office, Mr. Liu served as a partner of Beijing DHH Law Firm from May 2018 to June 2020.