KORE Group (KORE) Proxy Filing summary

Executive summary

• Affiliates of Searchlight Capital and Abry Partners have entered into a merger agreement to acquire all outstanding shares not already owned, transitioning the company from public to private ownership upon completion.

• The transaction aims to maximize stockholder value and enable greater focus on long-term investments and strategic growth.

• The deal is expected to close in the second or third quarter of the year, pending stockholder approval and satisfaction of closing conditions.

• Forward-looking statements highlight anticipated benefits, but also note risks such as regulatory approval, stockholder vote outcomes, and potential business uncertainty.

Voting matters and shareholder proposals

• Stockholders will vote to approve the proposed merger; approval is required for the transaction to proceed.

• A proxy statement and related materials will be filed with the SEC and made available to stockholders for review prior to the vote.

Board of directors and corporate governance

• A Special Committee of the Board evaluated strategic alternatives and recommended the merger as the best option for stockholders.

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