KORE board forms special committee for strategic transaction; approves $3.2M retention awards

KORE Group Holdings, Inc.

Special Committee approved retention awards totaling ~$3.2M for key employees including named executive officers.
Awards vest over 18 months; forfeited if employment ends early unless terminated without cause or for good reason.
Retention program is tied to board's evaluation of a potential strategic transaction or alternative.
Awards payable within 60 days after retention period or after qualifying termination.

item 5.02item 9.01

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