iClick Interactive Asia Group Limited announced that its Board of Directors 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.