Kore Investor Presentation Deck slide image

Kore Investor Presentation Deck

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 ● ● 63.7% Customer 1 Customer 3 ■Customer 5 1 As of 12/31/2022 KORE 11.1% 8.3% 9.2% 3.3% 2.2% 2.1% Customer 2 Customer 4 Customers 6-10 Cross-Selling Among Top 10 Customers¹ 30.0% 40.0% ■1 Solution ■2 Solutions 30.0% ■>2 Solutions Serving Customers Across Recession Resilient Markets¹ 17.2% 42.3% 13.0% 10.9% 16.6% ■ Connected Health Fleet Management ■Asset Monitoring ■ Communication Services Industrial loT & Other Revenue by Region¹ 21.2% ■ US Customer 1 & 2 represent 6.0% and 4.8% of total gross profit, respectively, for 2022 78.8% Rest of World 24
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