[JOINT FILING AGREEMENT This Joint Filing Agreement may be executed in any number of counterparts all of which together shall constitute one and the same instrument. [ JOSEPH CHEN JAMES JIAN LIU] [CONSORTIUM AGREEMENT Agreement Mr. Chen Mr. Liu Party Parties THIS CONSORTIUM AGREEMENT (this " RECITALS Transaction Company Parent WHEREAS, the Parties are interested in jointly pursuing a possible acquisition (the " Merger Sub WHEREAS, (a) in connection with the Transaction, the Parties will cause Parent to form a direct, wholly-owned subsidiary (" Schedule A Proposal Letter Company Board WHEREAS, on] [June 10, 2015 The Board of Directors Renren Inc. 1/F, North Wing 18 Jiuxianqiao Middle Road Chaoyang District, Beijing 100016 People’s Republic of China Dear Sirs: Mr. Joseph Chen ("Mr. Chen"), Chairman of the board of directors and Chief Executive Officer of Renren Inc. (the "Company), and Mr. James Jian Liu, a member of the board of directors and Chief] []