Why Invest In KORE?

Q3'23 Financial Performance (Unaudited) Three Months Ended September 30, (Unaudited) Nine Months Ended September 30, 2023 2022 2023 2022 Revenue (In millions USD) Revenue % Revenue % Revenue % Revenue % IoT Connectivity $55.2 80% $43.4 66% $147.0 72% $133.5 65% IoT Solutions 13.4 20% 22.7 34% 57.1 28% 72.5 35% Total revenue $68.6 100% $66.1 100% $204.1 100% $206.0 100% Gross Margin % loT Connectivity IoT Solutions Overall Gross Margin % Period End Connections Average Connections 61.7% 64.6% 63.9% 64.3% 26.9% 28.6% 30.1% 27.3% 54.9% 52.3% 54.4% 51.3% 18.9 million 15.3 million 18.9 million 15.3 million 18.7 million 15.3 milion 16.8 million 15.2 million Count for the Period DBNER¹ Adjusted DBNER² 96% 104% 100% 106% 96% 100% 104% 106% (1) DBNER is calculated by dividing trailing twelve-month revenue by prior year trailing twelve-month revenue for the same customer cohort in both periods. Excludes revenue from both non go-forward customers, and new customers that started generating revenue after the end of the base period (2) Adjusted DBNER excludes our largest customer KORE 19

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