Kore Investor Presentation Deck slide image

Kore Investor Presentation Deck

Long track record of customer retention LTM dollar-based net retention rate ("DBNER")¹ Existing customer base stickiness demonstrated by DBNER Short-term revenue bump from large LTE Transition Program at our largest customer temporarily impacting DBNER growth until anniversaried and no longer included in the DBNER calculation ● 103% 103% 106% 108% 113% 112% Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 114% 110% Q3 2021 122% DBNER 115% 122% 114% 114% 109% 100% 108% 92% 103% 107% 126% 99% Revenue impact from the significant LTE Transition Program at our largest customer Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 ■DBNER excluding largest customer Source: Company financials (1) DBNER is calculated by dividing trailing twelve-month revenue by prior year trailing twelve-month revenue for the same customer cohort in both periods. Excludes revenue from both non go-forward customers, and new customers that started generating revenue after the end of the base period KORE 115% 96% 104% Q3 2023 25
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