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 80% of Q3 2023² loT Solutions 34% of 2022¹ 20% of Q3 2023² Products lo T Connectivity as a Service (CaaS) Connectivity Enablement as a Service (CEaaS) loT Device Management Services loT Security Location Based Services (LBS) . 0 Product description Connectivity Management Platform as a Service (or individual KORE One engine) • Cellular Core Network as a Service (cloud native HyperCore) . loT connectivity services offered through market leading KORE One™ IoT 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 Outsourced platform-enabled services (e.g., logistics, configuration, device management) Sourcing of 3rd party devices globally, device design and selection services KORE's Security ProTM SaaS platform KORE's Position LogicTM SaaS platform and LBS APIs KORE. revenue customers the quarter ending September 30, 2023. Primary pricing method ¹Percentage of revenue from all customers (go-forward and non-core) for the year ending December 31, 2022. 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 Product list is being expanded e.g., through industry pre-configured solutions Per subscriber per m © 2023 KORE 15 · ● e · 0 . ● 0 ● ● • • • ● ● • ● ● ● ● ● ● • ● • Ⓡ ● ● ●
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