Summary of Refinancing Transaction

KORE's five focus industry sectors, representing 80%+ of the loT market, are growing fast 5G will drive significant new use cases in mission critical applications across KORE's target industries 2020P-2025P Market CAGR Industry Vertical KORE Assets 34.2% Internet of Things Use Cases 迹 Home / Business Security Offender Tracking M Alcohol Monitoring Critical Asset Management KORE Industrial 29.4% Smart Utilities / Meters Smart Cities / Buildings Smart Factories Industrial IoT ال - KORE Communication Services 22.4% loT & Consumer service providers Carrier IoT Business Units Enterprise Connectivity Private Networking Connected KORE Health 17.5% Remote Patient Clinical Trials Monitoring Medical Alert Monitoring Medical Equipment Diagnostics KORE. Fleet 17.3% Stolen Vehicle Recovery Fleet Tracking / Telematics N Usage Based Insurance Connected Car Source: ABI Market Tracker, Market Research Future, Grand View Research and KORE Forecasts KORE 11

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