Corporate Overview

CORPORATE OVERVIEW

As the preferred, trusted IoT solutions provider for OEMs and Enterprises around the world, Sierra Wireless combines devices, software, security and network services to simplify IoT and accelerate the digital transformation of industries. With our global reach, deep vertical expertise and long-term partnerships, businesses can rely on Sierra Wireless to help meet their goals.

Our customers are transformers of their industries. They are not willing to accept the status quo and strive to build more efficient, effective and profitable businesses. They come from a range of industries, including manufacturing, utilities, public safety, retail, transit, healthcare and more. Whether it is a solution to help securely connect edge devices to the cloud, or a software/API solution to help manage processes associated with billions of connected assets, or a platform to extract real-time data to make the best business decisions, Sierra Wireless will work with each customer to create the right, industry-tailored solution for their next IoT endeavor.

Our promise to customers:

• Get to market faster: Our solutions simplify the complexity of IoT, helping customers bring their ideas to life more quickly.

• Reduce costs and improve TCO: Using Sierra Wireless’ integrated edge-to-cloud solution saves time and money.

• Minimize risk: Our proven quality, security and standards-based LPWA, LTE and 5G solutions future-proof investments to securely scale and transform as technology evolves.

According to a Total Economic Impact (TEI) study by Forrester, Sierra Wireless Octave™, the new all-in-one edge-to-cloud solution for connecting industrial assets, enables companies to develop and scale their Industrial IoT applications at a fraction of the cost (cost reduction of 45% on solution development, 30% on device management, and 75% on maintenance), and accelerate time to market by an average of 9 months. More information here.

How we deliver on this promise:

• Simplicity: We make it simple to connect any device, anywhere, at any time. Our Smart Connectivity allows customers to seamlessly expand into new markets with one worldwide SIM accessing 600+ partner networks in over 200 countries.

• Comprehensiveness: We provide a comprehensive set of solutions to securely get edge data to the cloud and manage remote assets – hardware, software, services, turnkey solutions and a network of leading partners.

– For OEMs selling to many countries globally, we provide a one-stop shop for end-to-end solutions, including hardware, embedded global connectivity, security with a 24/7/365 Network Operations Center.

– For Enterprise customers, our ruggedized gateways provide reliable, advanced connectivity that make them the first choice for mission-critical public safety and mobile applications.

• Expertise: We bring more than 25 years of trusted cellular expertise. We’ve been involved in IoT since its very beginning. We’ve learned what works and what doesn’t and are committed to helping customers successfully implement their digital transformation.

Fully integrated end-to-end solutions for the Internet of Things

Sierra Wireless is an IoT pioneer with more than 25 years of experience and a proven track record of developing innovative services, solutions and products for global customers. Customers Start with Sierra because we offer a device-to-cloud solution, comprised of embedded and networking solutions seamlessly integrated with our cloud and connectivity services. OEMs and enterprises worldwide rely on our expertise in delivering fully integrated solutions to reduce complexity, turn data into intelligence and get their connected products and services to market faster.

IOT SERVICES Sierra Wireless offers the broadest array of integrated IoT services consisting of cloud, connectivity and managed vertical IoT solutions to enable digital transformation for enterprises.

EMBEDDED SOLUTIONS As the number one cellular module vendor in the world, our wireless solutions make it easy to embed cellular, Wi-Fi, Bluetooth, and GNSS technologies with IoT services to manage your connectivity, devices, and data.

NETWORKING SOLUTIONS Our Airlink® LTE routers, gateways and network management solutions provide secure cellular connectivity for mission-critical applications and IoT deployments.

Empowering businesses and industries to transform and thrive in the connected economy

Sierra Wireless is enabling the Internet of Things by providing fully integrated device-to-cloud solutions for a wide range of applications and markets worldwide.

Our innovative products and solutions already connect thousands of businesses to critical data and millions of people to information.

INDUSTRIAL MANUFACTURING PUBLIC SAFETY From air compressor and power tools From fire and police personnel and dispatch suppliers to washing machine and centers to video surveillance, alarm battery manufacturers systems and offender monitoring

ENERGY SMART CITIES From smart meters and smart power From public safety and transit solutions grids to energy management and to public lighting, smart energy and water distribution management

NATURAL RESOURCES HEALTHCARE Oil and gas in either upstream, From networking for pop up facilities to downstream or midstream markets medical device monitoring

TRANSPORT & LOGISTICS Fleet management and asset tracking

Our History of Innovation

Since launching the world’s first cellular embedded module in 1997, Sierra Wireless has shipped more than 160 million devices to connect the Internet of Things. We have been first-to-market with the world’s smallest module, embedded software, embedded SIM and open source Linux based embedded platform, along with the most rugged industrial gateways and 5G, 4G LTE and LTEPRO embedded solutions.

The company remains focused on technology leadership and developing innovative solutions that make wireless communications easier to integrate, deploy and maintain. Through organic growth and acquisitions, we have been growing the IoT Services business. Today, Service revenue is approximately 20% of total revenue.

Fast Facts

• Shipped more than 160 million devices worldwide

• Over 25 years of experience deploying IoT applications

• Devices (modules & gateways) operate on more than 600 networks globally

• World’s first Ready to Connect solutions, featuring modules and routers with pre-integrated global connectivity

• Introduced Legato®, the first Linux-based open source platform

• Sell and support products and services in over 200 countries

• Introduced mangOH® open hardware reference design to expedite IoT product development

• World class supply chain and manufacturing partners

• More than 400 issued patents in wireless technologies

© 2020 Sierra Wireless 6 About Sierra Wireless Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is the leading IoT solutions provider that combines devices, network and software to unlock value in the connected economy. Companies globally are adopting IoT to improve operational efficiency, create better customer experiences, improve their business models and create new revenue streams. Whether it’s a solution to help a business securely connect edge devices to the cloud, or a software/API solution to help manage processes associated with billions of connected assets, or a platform to extract real-time data to make the best business decisions, Sierra Wireless will work with you to create the right industry-specific solution for your next IoT endeavor. Sierra Wireless has more than 1,300 employees globally and operates R&D centers in North America, Europe and Asia. For more information, visit www.sierrawireless.com.

Connect with Sierra Wireless on the IoT Blog at www.sierrawireless.com/iot-blog, on Twitter at @SierraWireless, on LinkedIn at www.linkedin.com/company/sierra-wireless and on YouTube at www.youtube.com/SierraWireless

Sierra Wireless, the Sierra Wireless logo, AirPrime, AirLink, AirVantage and the red wave design are trademarks of Sierra Wireless. Other registered trademarks that appear on this brochure are the property of the respective owners. © 2020 Sierra Wireless, Inc. 2020.08.14