Application to delist from the Tel Aviv Stock Exchange POWERFLEET, INC. Incorporated in the United States of America (File number: 7272486) Nasdaq share code: PWFL JSE share code: PWR Tel Aviv Stock Exchange share code: PWFL ISIN: US73931J1097 LEI 2549007NKEFPYEH4MF81 ("Powerfleet" or "Company") APPLICATION TO DELIST FROM THE TEL AVIV STOCK EXCHANGE On May 28, 2024, Powerfleet filed a notice with the Israel Securities Authority and the Tel Aviv Stock Exchange (the "TASE") voluntarily requesting to delist the Company's common stock from trading on the TASE. On May 28, 2024, the TASE issued a notice confirming the Company's request to delist, noting that the last day of trading of the Company's common stock on the TASE will be August 27, 2024 and that the delisting of the Company's common stock is expected to take effect on August 29, 2024. The Company's common stock will continue to be listed for trading on The Nasdaq Global Market ("Nasdaq") and the Johannesburg Stock Exchange ("JSE"). Forward-Looking Statements Certain statements made in this report constitute forward-looking statements within the meaning of the federal securities laws. All statements contained in this report that do not relate to matters of historical fact should be considered forward- looking statements. For example, forward-looking statements include, without limitation, statements regarding the anticipated timing of the delisting of the Company's common stock on the TASE and the expectation that the Company's common stock will continue to be listed on Nasdaq and the JSE. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees and are subject to risks described from time to time in the Company's periodic filings with the Securities and Exchange Commission. The forward-looking statements included in this report are made only as of the date of this report, and, unless otherwise required by applicable law, the Company assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise. Powerfleet has a primary listing on the Nasdaq and secondary listings on the Main Board of the JSE and the TASE. May 31, 2024 Sponsor Java Capital Date: 03-06-2024 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.