Powerfleet, Inc. Awarded Contract by National Treasury of the Republic of South Africa

On December 18, 2025, MiX Telematics Enterprise Proprietary Limited, a subsidiary of Powerfleet, Inc., was awarded a contract by the National Treasury of the Republic of South Africa. This contract is for the provision of vehicle fleet management services, including video, visibility, and driver management solutions, for a sixty-month period. The services are expected to commence in the second quarter of 2026. Powerfleet, Inc. anticipates providing further details once the full contract terms are finalized. The company’s common stock is traded on The Nasdaq Global Market under the symbol AIOT.