Kingsoft Cloud Holdings Limited announced that Dr. Ye Hangjun ("Dr. Ye") tendered his resignation as a non-executive Director with effect from March 29, 2023, due to his other business commitments which require more of his attention and dedication. Following the resignation of Dr. Ye, he also ceased to act as a member of the corporate governance committee of the Board (the "Corporate Governance Committee"). Dr. Ye confirmed that he has no claim against the Company and has no disagreement with the Board and there are no other matters with respect to his resignation that need to be brought to the attention of shareholders of the Company or the The Stock Exchange of Hong Kong Limited.

The Board also announce that Dr. Qiu Ruiheng ("Dr. Qiu") has been appointed as a non- executive Director of the Company and a member of the Corporate Governance Committee with effect from March 29, 2023. Dr. Qiu Ruiheng, aged 40. Dr. Qiu has served as a general manager of business segment of Xiaomi Corporation (HKEx: 1810), responsible for informationization construction since December 2020.

He joined Xiaomi Corporation in 2011 and served as a research and development director from December 2011 to September 2018, and a general manager of business segment, responsible for internet business such as app store and games from September 2018 to December 2020. Dr. Qiu received his PhD degree in computer application technology and bachelor ' s degree in computer science and technology from Peking University in January 2011 and July 2005, respectively. Dr. Qiu has entered into a director agreement with the Company.

The term of appointment shall be for an initial term of three years or until the third annual general meeting of the Company after his appointment (whichever is earlier), subject to re-election at the next annual general meeting of the Company in accordance with its articles of association. Either the Company or Dr. Qiu may terminate the agreement by giving not less than 30 days' written notice. Dr. Qiu will not receive any directors' fee from the Company during his term in his capacity as a non-executive Director.