Scott+Scott Attorneys at Law LLP has launched an urgent investigation into whether the directors of Clearwater Analytics Holdings, Inc. (NYSE: CWAN) breached their fiduciary duties to Clearwater’s shareholders in approving a buyout by Warburg Pincus LLC and Permira Advisers LLC. Attorney Joseph A. Pettigrew is heading the investigation—what shareholders need to know:

• On December 20, 2025, Clearwater announced it had entered into an agreement to be bought out by an investment group led by Warburg Pincus and Permira in a deal valuing Clearwater at $8.4 billion. Existing Clearwater shareholders would receive $24.55 in cash per existing Clearwater share.
• If you own Clearwater common stock, join our investigation against Clearwater’s directors by contacting us.

If you own Clearwater common stock and you wish to discuss this investigation—at no cost for you—please contact attorney Joe Pettigrew toll-free at (844) 818-6982 or jpettigrew@scott-scott.com.

About this investigation—FAQ:

Q1: What is this ongoing investigation into Clearwater Analytics Holdings, Inc. about?

A: According to our investigation, owners of Clearwater common stock have been impacted by a December 20, 2025 announcement that Clearwater had entered into a merger agreement to be bought by Warburg Pincus and Permira. Scott+Scott has a decades-long track record in fighting for corporate governance and monetary recoveries on behalf of companies and their shareholders.

Q2: How does this Scott+Scott investigation work?

A: Joining our investigation is easy and at no cost for you. By contacting us, we will let you know your rights as a Clearwater shareholder, and how the process works and what you can expect. If you currently own Clearwater stock, we look forward to hearing from you.

To learn more about Scott+Scott, our attorneys, or complex case resolution, please visit www.scott-scott.com.

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Scott+Scott Attorneys at Law LLP, an international securities and consumer rights litigation firm, is investigating whether the directors of Clearwater Analytics Holdings, Inc. (NYSE: CWAN) breached their fiduciary duties to Clearwater’s shareholders.