Powerfleet, Inc. · NASDAQ:AIOT

Powerfleet — SPAC Merger (October 2023)

11 slides from Powerfleet's SPAC merger presentation, Oct 10, 2023

  1. Slide 1: Powerfleet + MiX Telematics Business Combination Summary

    Powerfleet + MiX Telematics eas=—_______-e Business Combination Summary POWER@FLEET® J iW WX, hreownes ————

  2. Slide 2: Cautionary Note Regarding Forward-Looking Statements

    ‘Cautionary Note Regarding Forward-Looking Statements ‘his presentation contains fowardHooking statements within the meaning of federal secures laws. The actual results of Powerflet, nc. "Powerlet” or “PEL Mix Telematics Limited ("MIX or “MIXT? and the combined business's aca results may fer from th

  3. Slide 3: Powerfleet & MiX Announce Transformative Business Combination

    Powerfleet & MiX Announce Transformative Business Combination as_____—_-e Combination Expected to Create Top-Tier Global Provider in Mobile Asset loT Industry with Unparalleled Artificial Intelligence Enhanced Saas Solution Portfolio ~1.7 Million Combined Subscriber Base Expected to Provide Immediat

  4. Slide 4: Strategic Objectives

    Strategic Objectives unities for revenue and EBITDA POWER@FLEET’ J ka WX hreowes iS

  5. Slide 5: Transaction Overview

    Transaction Overview eo Signed October 10, 2023, Post-Transaction Ownership Structure. MIXT shareholders to own approximately 65% and PWFL shareholders to own approximately 35% of combined entity. Planned Capital Raise and Use of Proceeds In connection with the transaction, Powerfleet and Mix are po

  6. Slide 6: A Powerful Combination

    A Powerful Combination Data & Device Agnostic POWER@QFLEET UNITY Al-Led Data Harmonization POWER@FLEET® i), i WX, \re1eMancs pss ae

  7. Slide 7: Combination Expected to Create Top-Tier Global Provider in Mobile Asset IoT Industry

    Combination Expected to Create Top-Tier Global Provider in Mobile Asset loT Industry with Unparalleled Artificial Intelligence Enhanced Saa$ Solution Portfolio aa 9 be aa @ ® Enhanced Market Scale & Data R&D GTM Acceleration _ World-Class Shareholder Value _ Leadership Strategy Excellence &Increased

  8. Slide 8: Enterprise customers worldwide

    7 a 5 0 0 enterprise customers worldwide The Global Powerhouse With total subscribers worldwide 1.7 million Walmart @éskom O Publix gd & IBERDROLA POWERRFLEET’ J)U Xi rans

  9. Slide 9: Contact Us

    Contact Us Powerfleet Investor Contact Matt Glover Gateway Group, Inc, Pw WwOy-Of #1 (949) 574-3860 Powerfleet Media Contact ‘Andrea Hayton ghavion@powertleet.com +1 (610) 401-1999 POWER@FLEET® J ka WX hreowes iS MiX Telematics Investor Contact Cody Cree Gateway Group, Inc. MXT@.acteway-aro.com +1 (

  10. Slide 10: Appendix

    Appendix POWER@FLEET® J t WX \reowsses

  11. Slide 11: Reconciliation of EBITDA to GAAP Financial Measure

    Reconciliation of EBITDA to GAAP Financial Measure PWEL 12-Months — MIXT 12-Months Combined 12-Months Ended Ended 30-Jun-2: 30-Jun-23 3000 ‘S000 Net loss attributable to common stockholders 2M 5451 (1,776) Non-controlling interest 3 0 3 Preferred stock dividend and aceretion 5,062 0 5,062 Interest (

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