KORE Group (KORE) Proxy Filing summary

Executive summary

• Entered into a definitive agreement to be acquired by entities associated with Searchlight Capital and Abry Partners, transitioning to a privately held company upon closing.

• Acquisition aims to accelerate long-term strategy, strengthen financial foundation, and provide greater flexibility for investment and execution.

• Leadership assures stakeholders that business operations, contracts, and relationships remain unchanged during the transition.

• Forward-looking statements highlight anticipated benefits, timing for closing, and regulatory approval requirements, while noting risks such as potential delays or failure to close.

Voting matters and shareholder proposals

• Stockholders will be asked to vote to approve the merger; proxy statement and related materials will be filed with the SEC.

• Stockholders are urged to review proxy materials and Schedule 13E-3 before making voting decisions.

Board of directors and corporate governance

• Directors, executive officers, and management may be deemed participants in the proxy solicitation for the proposed transaction.

• Information on director and officer interests, including securities holdings, will be disclosed in the proxy statement.