Publication of audited financial statements for the year ended March 31, 2025 POWERFLEET, INC. Incorporated in the United States of America (File number: 7272486) Nasdaq share code: AIOT JSE share code: PWR ISIN: US73931J1097 LEI 2549007NKEFPYEH4MF81 ("Powerfleet" or "Company") PUBLICATION OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2025 Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, Powerfleet stockholders are advised that a Form 10-K (the "Form 10-K") has been filed with the U.S. Securities and Exchange Commission. The Form 10-K discloses the audited annual financial statements for the year ended March 31, 2025 ("audited AFS"). The audited AFS contain no modifications to the unaudited results for the year ended March 31, 2025, published on SENS on June 17, 2025. Any investment decisions should be based on consideration of the audited AFS as a whole, as this announcement does not provide full or complete details. The Form 10-K (which includes the audited AFS and the audit opinion thereon) is available on the Company's website at https://ir.powerfleet.com/financials/annual-reports and the JSE's cloudlink https://senspdf.jse.co.za/documents/2025/JSE/isse/PWRE/AFS2025.pdf. A copy of the Form 10-K can be found at: https://www.sec.gov/edgar/browse/?CIK=1774170&owner=exclude. Powerfleet has a primary listing on The Nasdaq Global Market and a secondary listing on the Main Board of the JSE. June 27, 2025 Sponsor Java Capital Date: 27-06-2025 08:00:00 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.