Kore Results Presentation Deck slide image

Kore Results Presentation Deck

Traditional Telematics Paved the Way for Video It took 30 years to reach this point, due to cost and concerns over privacy, with inflection point in the last 10 years KORE — CR Commercial, Gov't vehicles: 47MM+ connectable vehicles (Excludes opportunity in consumer, rideshare) 12 Traditional telematics: 12-14MM connections (penetration rate 25-30%) Video telematics: 1.9-2.1MM connected so far (penetration rate of 4.0-4.5%) ↑ → Video at Inflection Point Now ● • Concerns over monitoring took time to overcome and is key as video is more invasive than location tracking Exposure to traditional telematics has fostered an appreciation and acceptance for monitoring technologies that improve operational performance and reduce risk The continued focus on operational efficiency and increasingly behavior modification has created a tailwind for video ©2022 KORE 23 ● ● ● ● ● ● ● ● ● ● e ● ● ● ● ● ● ● ● ● ● • ● ● e 0 ● ● ● ● ●
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