KORE Group (KORE) Proxy Filing summary

Executive summary

• Affiliates of Searchlight Capital Partners and Abry Partners have entered into a definitive agreement to acquire the company, transitioning it to a privately held entity upon closing after satisfaction of conditions.

• The acquisition is expected to provide greater flexibility for investment, faster decision-making, and a focus on long-term growth and execution.

• Leadership views the increased investment as a strong endorsement of the current strategy, platform, and management team.

• Forward-looking statements highlight anticipated benefits, but also note risks such as potential delays, regulatory hurdles, and possible failure to achieve expected outcomes.

Voting matters and shareholder proposals

• Stockholders will be asked to vote to approve the merger, with proxy materials and a Schedule 13E-3 to be filed with the SEC.

• Shareholders are urged to review all proxy materials and related documents 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 will be included in the forthcoming proxy statement.