Summary of Refinancing Transaction

Customer case study: Customer #1 Customer #1 is a multinational medical devices company. KORE works with the cardiac monitoring (pacemakers and related devices) division, which is a market leader in this line of products. It has been KORE's customer for >10 years. Load in night Implanted pacemaker vertale ((p) oooo (((ip)))) . Cardiac Device Bedside Monitor KORE Solution: IoT enablement of cardiac devices Helped design a custom connectivity device which works with a large number of cellular networks globally; contracted manufacturing with a global contract manufacturer ⚫ KORE is an extension of the customer's supply chain, configuring & handling 200-300K devices per year (growing 20%+ year) with facilities which are: ISO 13485/9001 certified ✓ FDA Registration 21 CFR Part 820 compliant HIPAA (U.S.) and GDPR (EU) compliant KORE KORE CaaS Physician Portal KORE global connectivity • Provided a global connectivity package to provide connectivity across a large number of countries • Acting as a trusted advisor for customer with transition of 2G/3G devices to LTE (in 2021/22) Almost 1 million subscribers and growing fast, leading to significant CaaS revenue stream for 7-10 years per device Upsell to eSIM highly likely given global footprint of services 8

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