Why Invest In KORE?

KORE business model: offering high demand loT services Product line Products loT Connectivity 66% of 2022¹ 80% of Q3 20232 loT Connectivity as a Service (CaaS) Connectivity Enablement as a Service (CEaaS) • Product description IoT connectivity services offered through market leading loT platform 'KORE One' Our lot connectivity solutions allow devices to seamlessly and securely connect anywhere in the world across any connected network, which we call our multiple devices, multiple locations, multiple carriers CaaS value prop Primary pricing method Per subscriber per month for lifetime of device (7-10 years and growing) Connectivity Management Platform as a Service (or individual KORE One engine) Cellular Core Network as a Service (cloud native HyperCore) Multi-year contracts with automatic renewals IoT Solutions Outsourced platform-enabled services (e.g., logistics, configuration, device management) IoT Device Management Services • Sourcing of 3rd party devices globally, device design and selection services Upfront fee per device or per device per month 34% of 20221 IoT Security • KORE's Security Pro™M SaaS platform 20% of Q3 20232 Location Based Services • KORE's PositionLogic™M SaaS platform and LBS APIS (LBS) Per subscriber per month Per subscriber per month Product list is being expanded e.g., through industry pre-configured solutions Percentage of revenue from all customers (go-forward and non-core) for the year ending December 31, 2022. 2 Percentage of revenue from all customers (go-forward and non-core) for the quarter ending September 30, 2023 KORE 5

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