iClick Interactive Asia Group Limited (NasdaqGM:ICLK) announced that its Board of Directors (the ?Board?) has formed a special committee (the ?Special Committee?) consisting of four independent directors, Mr. Dylan Huang, Mr. Lub Bun Chong, Mr. Matthew Chu Pong Fong and Mr. Philip Kan to evaluate and consider the previously announced unsolicited preliminary non-binding indicative offer dated October 13, 2021 from Infinity Equity Management Co. Ltd. and the previously announced unsolicited preliminary non-binding indicative offer dated September 23, 2021 from PAG Pegasus Fund LP and Oasis Management Company (the ?Prior Proposals?) as well as other potential strategic alternatives that the Company may pursue. The Special Committee has engaged Nomura International (Hong Kong) Limited as its financial advisor to assist in its evaluation. The Board cautions the Company?s shareholders and others considering trading the Company?s securities that the Special Committee has just been formed, and the Special Committee is still at the preliminary stage of reviewing and evaluating the Prior Proposals and has not made any decision with respect to the Company?s response to the Prior Proposals. There can be no assurance that any definitive offer will be made, that any definitive agreement will be executed relating to the Prior Proposals or that the Prior Proposals or any other transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to the Prior Proposals or any other transaction, except as required under applicable law.