Kore Results Presentation Deck slide image

Kore Results Presentation Deck

KORE business model: offering high demand loT services Product line loT Connectivity 66% of 2022¹ 66% of Q1 2023² loT Solutions 34% of 2022¹ 34% of Q1 2023² KORE Products lo T Connectivity as a Service (CaaS) Connectivity Enablement as a Service (CEaaS) lot Device Management Services loT Security Location Based Services (LBS) ● • . Product description IoT connectivity services offered through market leading KORE One loT platform 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 Connectivity Management Platform as a Service (or individual KORE One engine) Cellular Core Network as a Service (cloud native HyperCore) Outsourced platform-enabled services (e.g., logistics, configuration, device management) Sourcing of 3rd party devices globally, device design and selection services KORE's Security Pro SaaS platform KORE's Position LogicTM SaaS platform and LBS APIs Primary pricing method ¹Percentage of revenue from all customers (go-forward and non-core) for the year ending December 31, 2022. 2Percentage of revenue from all customers (go-forward and non-core) for the quarter ending March 31, 2023. Per subscriber per month for lifetime of device (7-10 years and growing) Multi-year contracts with automatic renewals Upfront fee per device or per device per month Per subscriber per month Per subscriber per month Product list is being expanded e.g., through industry pre-configured solutions © 2023 KORE 16 • ● • .. ● ● Ⓡ ● ● e ● ● · ● ● ● • ● ● ● • ● e ● ● Ⓡ • ● 0 ● • • • ● ● ●
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