INSG

• The company has no variable-rate borrowings; its only fixed-rate debt is the $48.9M 2029 Senior Secured Notes, carried at amortized cost.
• Interest rate risk is limited to the $20.0M Working Capital Facility, where a 1% rate change would alter annualized interest expense by $0.2M if fully drawn.
• Foreign currency sales were approximately 1.0% of total revenue for the six months ended June 30, 2026, primarily in ZAR, GBP, EUR, CAD, and AUD.
• A hypothetical 10% adverse change in those foreign currencies would impact revenue by less than $0.1 million.
• Inflation risk is acknowledged from higher materials, supplies, and overhead costs, but has not materially affected results to date.

We are, from time to time, party to various legal proceedings arising in the ordinary course of business. We are currently not party to any litigation, the outcome of which, if determined adversely to us, would individually or in the aggregate be reasonably expected to have a material and adverse effect on our business, financial position or results of operations.

• The pending acquisition of Nokia's fixed wireless access business may not close, could divert management, and may fail to deliver expected synergies or customer retention.
• An FCC Covered List update now prohibits import or sale of consumer-grade routers from foreign countries, potentially requiring costly redesigns or supply-chain shifts if Inseego's products are reclassified.
• Regulatory uncertainty could delay new product introductions, force higher inventory levels, or require maintaining older models, harming revenue, margins, and cash flow.
• Failure to obtain required regulatory approvals or licenses in any jurisdiction may block sales and increase compliance costs.