Kore SPAC Presentation Deck slide image

Kore SPAC Presentation Deck

KORE at a glance Leading global, independent provider of mission critical loT solutions Who We Are Why We Win Key Attributes > ● ● ● ● KORE is a market leader in enabling end-to-end loT solutions for enterprises Trusted advisor, enabling our customers to Deploy, Manage and Scale their loT solutions Blue chip customer base including market leading Fortune 500 enterprises and innovative solutions providers across high growth verticals such as connected health, industrial loT, asset monitoring, fleet management and comms. services Proprietary IP-based services: Connectivity, Solutions & Analytics ✓ Market leading loT knowledge and experience to help navigate the complex loT ecosystem Global independent loT connectivity and solutions enabler with an integrated network of key partners Global Scale (as of 12/31/20) 190+ countries coverage 44 carrier integrations ~12M devices managed 3,600+ customers 500+ employees ● ● e Ⓡ Forecasted Visibility & Profitability Revenue $238M¹ 92%+ recurring revenue² Average 90%+ revenue visibility through 20233 57% Gross Margin¹ 28% EBITDA Margin¹ KI ● ● Compelling Growth Opportunities loT, ESIM and 5G use cases present massive opportunity Strong track record of highly accretive M&A Highly scalable KORE One platform positions company for growth Note: Financials represent KORE's projections developed for the purposes of this presentation. (1) Represents 2022E Forecast financials. (2) Recurring revenues include connectivity and programmatic loT Solutions revenue. (3) Revenue visibility is based on the installed base which includes customers which had a signed contract with KORE by the end of 2020, normalized for one time churn customers from the acquisition of Raco and Wyless KORE 11
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