Company: SONM
Filing Date: 2025-06-26
Form Type: DFAN14A
Source: 0001213900-25-058364
Chunk: 5

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-06-26
Form: DFAN14A
Chunk 5
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 Transfer: Sonim blocked, on what we believe to be spurious grounds, an attempted                                    
 transfer by AJP to Orbic of a block of 973,173 shares of Sonim common stock, which would have been the starting point for Orbic’s 
 efforts to wrest control of Sonim from the incumbent board of directors and to start Sonim back on a path to profitability.       |

| Ø | Scorched Earth Poison Pill: Sonim’s board of directors has shamelessly adopted a poison                                               
 pill designed to prevent Orbic from increasing its ownership in Sonim. Orbic would be pleased to further align its interests in Sonim 
 with those of other stockholders and to wrest control of Sonim from the current board and management team.                            |

<div align='center'>4</div>

| Ø | Unwarranted Financial Rewards: Sonim has entrenched its senior management by: |

| ○ | amending employment agreements to provide enormously enhanced severance benefits to CEO Hao (Peter) Liu                                    
 and CFO Clay Crolius, neither of which was disclosed broadly to stockholders by the issuance of a press release, and followed the February 
 2025 award to Messrs. Liu and Crolius of 63,604 and 33,922 restricted stock units, respectively; and                                       |

| ○ | accelerating the vesting of those restricted stock units as well 70,671 restricted stock units held by                                
 Chief Commercial Officer Charles Becher, restricted stock units held by other Sonim directors and an undisclosed number of restricted 
 stock units held by 78 other persons.                                                                                                 |

<div align='center'>Strategic Evaluation Process Raises Questions for Stockholders</div>

| Ø | Lack of Meaningful Engagement: Despite Sonim’s public statements to the contrary, neither the Sonim board of directors                         
 nor the special committee appointed to evaluate strategic alternatives has engaged in any meaningful dialogue with Orbic regarding its         
 two prior compelling offers. On June 26, 2025 Orbic made a revised offer to acquire substantially all of the assets of Sonim for a             
 cash purchase price of $25 million. Orbic is prepared to move forward expeditiously with the negotiation of an asset purchase of substantially 
 all of Sonim’s assets. Orbic’s non-binding offer is backed by a $50 million financing commitment from a third-party lender.                    
 To date, the board of directors and special committee has chosen to dismiss these offers out of hand, alluding to lack of financial viability  
 and casting aspersions