KORE Group (KORE) Proxy Filing summary

Executive summary

• Agreement reached for acquisition by affiliates of Searchlight Capital Partners and Abry Partners, transitioning to a private company after closing in Q2 or Q3 2026.

• Special Committee of the Board led a thorough process resulting in the acquisition decision.

• Leadership, strategy, and mission remain unchanged post-transaction, with continued focus on innovation and growth.

• Transaction aims to provide flexibility for long-term investments and reduce short-term market pressures.

• Forward-looking statements highlight anticipated benefits, but also note risks related to regulatory approvals and shareholder vote.

Voting matters and shareholder proposals

• Stockholder approval required for the merger; proxy statement and related materials to be filed with the SEC.

• Stockholders urged to review proxy materials before voting on the proposed transaction.

Board of directors and corporate governance

• Special Committee of the Board led the acquisition process, ensuring a thorough and thoughtful evaluation.

• CEO and current leadership team to remain in place following the transaction.