Appointment of David He

21 November 2016

CloudTag Inc.("CloudTag" or the "Company")

Appointment of David He

CloudTag (CTAG:LN), the company that brings personal monitoring to the wellbeing, fitness and digital health markets, is pleased to announce the appointment of David He as Chief Strategy and Data Officer. David's focus will be on informing and developing the Company strategy through data, market and trend analysis with an emphasis on financial transactions.

Previously, David has worked in both consulting and investment banking. In his recent role with Kurt Salmon (recently acquired by Accenture), he worked with a number of private equity houses, financial institutions, retailers, manufacturers and fashion brands in a range of projects including business strategy, market & trend analysis, omni-channel, manufacturing and store operations across China, UK and Europe. David is a Chinese national and brings deep understanding of how consumer behaviour and technology are evolving in China.

David holds an MSc in Mathematical Trading and Finance from CASS Business School and a BSc in Mathematics and Finance from London City University.

Mr David He is not a PDMR of the Company.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.