Why Invest In KORE?

Long track record of customer retention LTM dollar-based net retention rate ("DBNER")1 Short-term revenue bump from large LTE Transition Program at our largest customer temporarily impacting DBNER growth until anniversaried and no longer included in the DBNER calculation • Existing customer base stickiness demonstrated by DBNER 122% 122% 114% 114% 113% 115% 108% 114% 112% 106% 110% 103% 103% 109% 108% 100% 103% 92% 126% 115% 107% 99% 104% 96% Revenue impact from the significant LTE Transition Program at our largest customer Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 DBNER Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 ■DBNER excluding largest customer Q3 2023 Source: Company financials (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 KORE 25 25

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