Ring is sharing your devices connection. Below you will find an article about what it is, and how to opt out of that service.
You can opt in or out of Amazon Sidewalk at any time.
How do I opt-out of Amazon Sidewalk?
In order to opt-out of Amazon Sidewalk, follow these instructions:
Open your Ring app
Tap the three-lines in the upper left-hand corner of the screen
Tap Control Center
Tap the Sidewalk slider button
You will see a screen asking you to confirm that you want to disable Sidewalk
Confirm that you wish to disable Sidewalk.
Repeat the above procedure to opt back in to Amazon Sidewalk.
Note: If you are using an Apple device and are using version 5.39 of the app or you're not using iOS 14.6, you may need to upgrade your device settings in order to complete the Sidewalk opt out process.