Q1 2021 RESULTS

Harold Goddijn - CEO Taco Titulaer - CFO

14 APRIL 2021

Operational highlights

  • The launch of TomTom Navigation for Automotive
  • Our TomTom ADAS map is powering the new Mitsubishi Outlander
  • Our database now covers almost 450,000 charging points for the fast-growing EV market
  • Our customer base is expanding in key Enterprise markets

2

Market opportunities

Industry change and increasing demand for deliveries are providing growth opportunities in Location Technology

Automotive

Enterprise

Electric vehicles

Safety

Fleet management and logistics

3 Automated vehicles

On-demand(ride-hailing and food delivery)

Financial highlights

  • Group revenue of €131m (Q1 '20: €131m)
  • Location Technology revenue of €105m (Q1 '20: €91m)
  • Automotive operational revenue of €74m (Q1 '20: €81m)
  • Free cash outflow of €4m (Q1 '20: inflow of €14m)
  • Net cash of €352m (Q4 '20: €372m)
  • Share buyback resumed, 2.2m shares purchased for €17m

4

Outlook 2021

in € million

Outlook 2021 Actuals 2020

Group revenue

520

- 570

528

Location Technology revenue

420

- 450

392

FCF as % of Group revenue

Around 6%

-5%

Note: 2021 outlook based on:

5 • Expectation that car production volumes in 2021 will not reach 2019 levels

• USD FX rate of 1.20

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TomTom NV published this content on 14 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2021 11:52:08 UTC.