Kore SPAC Presentation Deck

Operational Benchmarking ● ● Commentary KORE has a proven ability to deliver superior organic growth from its go forward customer base Well positioned to accelerate growth alongside 5G and eSIM industry themes Significant recurring organic growth ~92% recurring revenue Average 90%+ revenue visibility through ¹23E 15.1% 1 92.0% 18.3% KORE inseego 87.9% 10.8% 2021E - 2022E Adjusted Total Revenue Growth 87.8% Median: 9.1% 9.1% ptc V VONAGE Median: 63.6% 63.6% 8.3% ALARM.COM® 7.3% 41.2% 31.2% Recurring Revenue² 16.8% 23.0% 93.4% Median: 21.3% 21.3% Trimble twilio RingCentral Zoom bandwidth 8x8 Median: 91.7% 91.7% MI RingCentral bandwidth 19.3% 86.9% 16.6% ΝΑ ΝΑ KORE ptc V VONAGE ALARM.COM Trimble inseego 8x8 twilio Zoom Source: Each Company's respective annual and quarterly reports, IBES Estimates, CapIQ, Bloomberg. Market data as at 15-Mar-2021. (1) 2022E Adjusted Total Revenue growth excludes the normalization of one time churn customers from the acquisition of Raco and Wyless and adjusts for the known one time impact of 2G/3G sunsetting as KORE transitions customers to LTE/5G networks. (2) Represents recurring revenue if disclosed by company, otherwise represents % subscription segment revenue. KORE 36

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