Kore Investor Presentation Deck

KORE's Acquisition of Twilio's loT Business Creates loT Hyperscaler Transaction Overview KORE signed a definitive agreement to acquire Twilio's loT division to accelerate its growth strategy, and focus on offering customers a unified, seamless method of launching loT services Twilio received 10mm shares of KORE common stock (~11.5% of issued and outstanding shares); closed June 1, 2023 Combined entity will be the largest independent provider of loT connectivity outside of China, with only five large Mobile Network Operators having more connections KORE OmniSIM™ IoT Managed Services & pre-configured industry solutions KORE Hypercore Developer Portal for loT community White-glove experience Strategic Rationale ✓ Add strong capabilities for digital consumption of loT ✓ ✓ Market expansion to developer community ✓ Digital solution to customer connectivity procurement $15mm of savings to Build capability internally and 2-year time to market Strong human capital talent KORE Addition of new types of Connectivity customers, particularly in the high- upside "connected product" space Strong synergies via the combination of KORE OmniSIM and Twilio Super SIM to create market-leading loT connectivity product Twilio's investment in Device Builder helps add "Build" capability Expands KORE's one-stop-shop for the lot lifecycle One-stop Solution to Build, Deploy, Manage and Scale Super SIM Device Builder Cloud Native Core Digital experience Web-console Combined Company Highlights 8 twilio Faster growth vs. KORE stand-alone Twilio loT business brings recurring Connectivity revenue Expected 50% gross profit margin on Twilio's loT business 12

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