KORE Group (KORE) Proxy Filing summary

Executive summary

• A merger transaction is proposed to take the company private, backed by Abry Partners and Searchlight Capital, with the aim of accelerating growth and enhancing financial flexibility.

• The transaction is fully financed and expected to reduce public company costs, freeing capital for investment in next-generation products and solutions.

• No changes are anticipated to supplier contracts, payment terms, or points of contact; business operations are expected to continue without interruption.

• The leadership and management team will remain in place, and the company will maintain its current strategic focus.

Voting matters and shareholder proposals

• Stockholders will be asked to vote on the proposed 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 voting.

Board of directors and corporate governance

• Directors, executive officers, and management may be considered participants in the proxy solicitation for the merger.

• Information on director and officer interests will be disclosed in the proxy statement and related SEC filings.