KORE Group (KORE) Proxy Filing summary

Executive summary

• Entered into a definitive agreement to be acquired by affiliates of Searchlight Capital Partners and Abry Partners, transitioning to a privately held company after closing conditions are met.

• Acquisition aims to provide greater flexibility for investment, faster operations, and a focus on long-term execution.

• Customer service, account teams, and daily operations will remain unchanged during and after the transaction.

• Routine activities related to the transaction will occur in the coming weeks, with additional details available to stakeholders.

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.

• Stockholders are urged to review all proxy materials and related documents before voting.

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 directors’ and officers’ interests will be included in the proxy statement and is available in prior SEC filings.