Kore SPAC Presentation Deck

Valuation Benchmarking Commentary This Transaction provides an attractive entry point...deal valuation at significant discount to benchmarks Multiple strategic ways to perform Numerous upsides not included KORE has a successful track record of executing and integrating strategic acquisitions Active pipeline of future acquisition candidates 4.3x¹ KORE ptc 15.2x¹ 8.5x 2.0x¹ 64.5× KORE inseego 8.0x 6.3x ALARM.COM 31.5x ALARM.COM 2.7x Median: 5.7x 5.7x 24.6x EV / 2022E Revenue 4.0x Median: 24.6x Median: 1.6x 1.6x Trimble inseego V VONAGE zoom twilio RingCentral® 8x8 EV / 2022E Adjusted EBITDA² 2.5x 23.0x 22.0x 1.2x 17.9x NM ptc Trimble V VONAGE 8 twilio Net Debt / 2020E Adjusted EBITDA² 18.9x 5.2x NM Median: 17.5x 17.5× 8x8 5.0x NM 6.2x Median: 5.0x NM bandwidth RingCentral NM² 6.2x (1.1)x (1.7)x KORE inseego V VONAGE Trimble ptc ALARM.COM bandwidth RingCentral zoom 8x8 Source: Each Company's respective annual and quarterly reports, IBES Estimates, CapIQ, Bloomberg. Market data as at 15-Mar-2021 (1) Represents illustrative values pro forma for this transaction. (2) Not meaningful due to negative EBITDA. (2) Calculation and companies included may use different definitions of Adjusted EBITDA; represents net debt of latest financial statement. KORE bandwidth NM zoom NM twilio 38

View entire presentation