Kore Investor Presentation Deck slide image

Kore Investor Presentation Deck

Strong Recurring Revenue, Gross Profit, and Earnings Profile that is Resilient to Macroeconomic Cycles 87.3% Q1 2021A 91.2% Q1 2021A KORE 83.2% Q2 2021A 90.2% 70.4% Q3 2021A 85.1% 78.3% Recurring Revenue¹ Average: 82.3% 75.5% Q4 2021A 92.4% Q1 2022A 85.2% 89.6% Q2 2022A Recurring Gross Profit² Average: 91.4% 92.1% Q2 2021A Q3 2021A Q4 2021A Q1 2022A 1 Recuring revenue includes all loT Connectivity and Analytics revenue along with programmatic loT Solutions revenue 2 Represents gross profit from only recurring revenue Q2 2022A 88.0% Q3 2022A 94.7% Q3 2022A 90.8% Q4 2022A 96.6% Q4 2022A 83.5% Q1 2023A 90.4% Q1 2023A 24
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