Renren Inc. announced the appointment of two new independent directors to its board of directors, Mr. James M. Dumler and Mr. James D. Reed, effective October 11, 2022. Ms. Hui Huang and Mr. Chuanfu Wang
have concurrently resigned from their positions as a director of the Company and as members of the three committees of the Board. Ms. Huang and Mr. Wang resigned for personal reasons, and their resignation is not related to any
disagreement with the Company on any matter relating to the Company's operations, policies, or practices. After the changes, the Board will continue to consist of five members, three of whom are independent directors. The
audit committee will consist of Mr. Lin Cong and Mr. James D. Reed, with Mr. Reed as the chairman; the compensation committee will consist of Mr. Lin Cong and Mr. James M. Dumler, with Mr. Cong as the chairman; and the corporate governance and nominating committee will consist of Mr. Lin Cong, Mr. James M. Dumler, and Mr. James D. Reed, with Mr. Dumler as the chairman.Mr. Dumler has more than twenty years of experience in top management and board director roles with various enterprises and industries, including Koch Industries, CenterPoint Energy, Republic Financial (private equity), Purina Mills, and FJ Management. Mr. Dumler holds an MBA from Duke University.Mr. Reed served as CEO and director of USA Truck Inc. from 2016 through September 2022 and brings with him more than two decades of multi-faceted experience in trucking, logistics, finance, and business development. He previously served as chief financial officer of Interstate Distributor Company, as well as president of its subsidiary, Interstate Distributor Logistics. Mr. Reed's extensive experience includes more than 15 years of leading finance in public companies.
Moatable, Inc. help companies, small business owners, and sole proprietors streamline their operations, reach more customers, and close business transactions using its SaaS products and services. It operates two software-as-a-service (SaaS) businesses, Lofty and Trucker Path. Lofty offers a real estate sales acceleration and client lifecycle management platform that allows real estate professionals to obtain and nurture leads, close transactions, and retain their clients. The platform combines Internet data exchange (IDX) websites, lead generation, marketing automation, advanced lead management, and AI to capture and convert leads into new business. Trucker Path is a driver-centric online transportation management platform. Trucker Path provides trip planning, navigation, freight sourcing, a marketplace that offers goods and services truckers use to operate their businesses and helps connect qualified brokers and carriers to expand their reach and initiate and complete transactions.
MOATABLE, INC. 
