On October 10,2023, Powerfleet (NASDAQ: PWFL) and MiX Telematics announced that they have entered into a definitive agreement to form one of the largest mobile asset Internet of Things (“IoT”) Software-as-a-Service (“SaaS”) providers in the world. This powerful combination will form a scaled, global entity of choice focused on helping customers save lives, time, and money by solving mission-critical business challenges including safety and risk management, compliance, sustainability, and operational efficiency. On February 28, 2024, the companies announced they have received shareholder approval on the proposals related to the business combination between the parties. The transaction is expected to close the first week of April 2024, subject to the satisfaction of remaining customary conditions. Upon closing, the combined business will be branded as Powerfleet, with its primary listing on Nasdaq. For more information, visit the company’s website at www.powerfleet.com.

Powerfleet Investor ContactMatt GloverGateway Group, Inc.[email protected]+1 (949) 574-3860

Powerfleet Media ContactAndrea Hayton[email protected]+1 (610) 401-1999

MiX Telematics Investor ContactCody CreeGateway Group, Inc.+1 (949) 574-3860[email protected]

MiX Telematics Media ContactJonathan Bates[email protected]+44 7921 242892

To schedule a one-on-one meeting, please contact your ROTH MKM representative.

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About IBN’s Coverage

IBN, a multifaceted financial news and publishing company, is providing the online investment community with a custom-built portal that includes summaries on each of the companies participating at the 36th Annual Roth Conference. In addition to enabling proficient evaluation of each company via one-click access to market research tools and helpful website links, IBN is using social media and syndicated articles to maximize the visibility of the event.

For more than a decade, IBN has provided real-time coverage for numerous global events and conferences through its various brands, social media accounts and investment newsletters. To further expand visibility of participating companies at these events, and to ensure another successful year for its event collaborations, IBN’s syndication partners have extended digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

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