Company: CWAN
Filing Date: 2025-12-23
Form Type: DEFA14A
Source: 0000950157-25-001025
Chunk: 5

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-12-23
Form: DEFA14A
Chunk 5
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, innovation and execution. Only a few employees – certain members of 
 leadership and employees in HR, Finance, and Legal – will be engaged to support any work related to supporting the transaction. For most employees, it will be business as usual.                                                  |

| 10. | Where will updates be shared? |

| a. | As necessary, we will share updates through official company channels, including: |

| i. | Internal updates from leadership (email/All Hands) |

| ii. | Manager toolkits and HR updates as needed |

| iii. | You can always go to your manager for questions. For specific questions, you can reach out to: |

| 1. | HR (people/benefits): Jessica Bottalla |

| 2. | Legal/Compliance (trading & confidentiality): Jake McGrady |

| 3. | Comms/PR (external inquiries): Claudia Cahill |

| 11. | Will the Board of Directors change as part of this transaction? |

| a. | Yes, as is customary in these types of transactions, we expect that the Board will change at close. |

| 12. | Will there be any changes to the leadership team as part of this transaction? |

| a. | There are no planned changes to the leadership team (other than the Board of Directors) as part of this transaction.  Sandeep Sahai will continue to be CEO as well as the ELT and their direct reports are expected to remain the same. |

| 13. | Does this change my job or manager right now? |

| a. | No immediate changes are expected. Please continue to focus on customers, delivery, and priorities. If any role changes occur, they will be communicated through normal HR and leadership channels. |

| 14. | Can I trade company stock right now? |

| a. | Until closing, we remain a public company and insider trading rules still apply. If you have material non-public information (MNPI), you must not trade. We have entered a blackout period, so those who are Covered Persons cannot trade 
 until the next open window. Questions should be directed to Legal.                                                                                                                                                                        |

| b. | What if I received stock as a part of the acquisitions of Enfusion or Beacon? Shares received as a part of the Enfusion and Beacon transactions will be treated the same as stock held by other shareholders, i.e., these shareholders will 
 receive $24.55 per share at close of the transaction for all shares