Why Invest In KORE?
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Well-diversified Revenue Across Blue-chip Customer Base
with Truly Global Coverage
No customer represented more than 6.0% of total gross profit for 2022
Outside of Customer 1, a KORE customer for 10+ years, and Customer 2, no customer contributes more than 4.0% of total revenue
⚫ Customer 1's revenue contribution in 2022 is elevated due to a large LTE transition project, which is now complete
Excluding the large LTE transition project, Customer 1 was ~7.0% of 2022 revenue
Revenue by Customers¹
Cross-Selling Among
Top 10 Customers¹
Serving Customers Across
Recession Resilient Markets¹
Revenue by Region¹
21.2%
10.9%
11.1%
17.2%
13.0%
8.3%
30.0%
30.0%
3.3%
12.2%
2.1%
63.7%
9.2%
16.6%
42.3%
40.0%
78.8%
■Customer 1
Customer 2
■1 Solution
■Connected Health Fleet Management
■ US
■Customer 3
Customer 4
■2 Solutions
■Asset Monitoring
■Communication Services
Rest of World
■Customer 5
Customers 6-10
■>2 Solutions
■Industrial loT & Other
1 As of 12/31/2022
KORE
Customer 1 & 2 represent 6.0% and 4.8% of total gross profit, respectively, for 2022
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