18/05/2021 All rights reserved | Confidential 1 LTE-M Advantages

SIGNAL PATH LOSS AT 900 MHZ

Improved Range +14 dB sensitivity compared to LTE

Longer battery life PSM & eDRX features

18/05/2021 All rights reserved 2 LTE-M Advantages

70 60 50 49,44 40 37,27 30 25,75 20 15,83 17,00 17,82 10 7,19 9,94 0 Lower module cost NB-IoT CAT-M1 CAT-M1 CAT-M1 LTE CAT-1 LTE CAT-4 NB-IoT NB-IoT 2G 3G 3G ~30-40% of LTE module price 2G 2G 2G Avg Price Min. Max

Example: Massive 2G Shutdown in North America

Canada USA Network 2G Sunset / Status Network 2G Sunset / Status Bell 30/04/2019 AT&T 01/01/2017 Rogers 31/12/2021 Verizon No Service Forward compatible w/ SaskTel 01/07/2017 Limitless Mobile No Service Union 31/12/2019 Alternative to 2G and 3G TELUS 31/05/2017 Videotron No service Viaero 09/05/2018 Wind No service 18/05/2021 All rights reserved 3 LTE-M vs NB-IoT: Which is Best for Your IoT Solution?

LTE-M NB-IoT

Module cost Ø15 euros Ø10 euros

Max coupling loss (Range) 156 dB 164 dB

Max data rate 1119/588 kbps (UL/DL) 70/32 kbps (UL/DL)

Latency Milliseconds Seconds

Mobility <300 km/h, cell handover supported <100 km/h, no cell handover

Roaming Possible with legacy roaming Limited due immature commercial model

18/05/2021 All rights reserved 4 Power Usage in Comparison

Example: Quectel B95 Module Series (M3) LTE-M (CAT M1) NB-IoT (NB1) Power usage during Power save mode 3.9 μA 3.9 μA transmission DRX (discontinuous (Active mode) 1.65 mA 1.56 mA reception)

0.85 mA 0.81 mA eDRX cycle (81.92s) Power usage during PSM & eDRX cycles Active mode 202mA 167mA

Max data rate (UL/DL) 1119 kbps / 588 kbps 70 kbps / 32 kbps Data rate / 2 MB firmware upgrade 27 sec 8.5 min Transmission “air time”

5/18/2021 All rights reserved 5 A Snapshot of EMnify’s LTE-M Coverage

Expected coverage (14 countries, 15 networks)

Observed coverage (8 countries, 8 networks) Validated coverage (23 countries, 36 networks)

Guaranteed coverage (3 countries, 3 networks)

44 countries 62 networks

For more information on coverage types and frequency bands per network and country, *as of 12.05.2021 please visit: https://www.emnify.com/lte-m-coverage (SIM version 4)

18/05/2021 All rights reserved 6 Global Deployment: What to Consider

Network Availability Feature Availability Frequency Bands Global and national PSM & eDRX Different bands used roaming across networks, countries & regions

18/05/2021 All rights reserved 7 Global Deployment: Feature Availability

Region Country Network PSM Availability eDRX Availability Asia Japan Softbank Validated Validated KT & LG Uplus Validated Taiwan Chunghwa Validated Europe Denmark Telenor Validated Finland DNA & Elisa Validated Germany Validated Iceland SIMINN Validated Latvia LMT Validated Luxembourg Post Validated Spain Orange Validated Switzerland Guaranteed North America Canada Bell Guaranteed Mexico Radiomovil Dipsa Validated USA AT&T Validated Validated

18/05/2021 All rights reserved 8 Global Deployment: LTE-M Frequency Bands

ublox SARA-R4 series

• Different modules for different deployment regions • IoT device certification for all used frequency bands

18/05/2021 All rights reserved 9