Sonim Technologies, Inc. Special Committee Confirms Receipt of Unsolicited Proposal for $4.00 per Share in Cash

Core Viewpoint - Sonim Technologies, Inc. has received an unsolicited non-binding proposal from Orbic North America, LLC to acquire all outstanding shares for $4.00 per share in cash [1] Group 1: Proposal Details - The proposal from Orbic is for$4.00 per share in cash [1] - Sonim has established a Special Committee of independent directors to review and evaluate the proposal [2] - The Special Committee is committed to a thorough assessment and exploring all strategic alternatives to act in the best interests of shareholders [2] Group 2: Company Commitment - The Sonim Board and management emphasize their commitment to delivering long-term value for shareholders [3] - The company appreciates Orbic's offer and will evaluate the proposal alongside other feasible options [3] - There is no assurance that the evaluation will lead to a transaction, and Sonim will not comment further unless deemed necessary [3] Group 3: Company Overview - Sonim Technologies is a leading provider of rugged mobile solutions, including phones and wireless internet devices, designed for durability [4] - The company has been trusted by first responders, government, and Fortune 500 customers since 1999 [4] - Sonim's products are sold through tier one wireless carriers and distributors across North America, EMEA, and Australia/New Zealand [4]