Q4 2021 RESULTS

Harold Goddijn - CEO Taco Titulaer - CFO

4 FEBRUARY 2022

Operational highlights

  • Grew Automotive backlog to a strong €1.9 billion
  • Announced a partnership with Volkswagen Group to deliver an EV-centric navigation service
  • Launched TomTom IndiGO, the first open digital cockpit software platform for carmakers

2

Strategic priorities

Market expansion

  • Build on strong Automotive backlog
  • Grow Enterprise business
  • Harmonize product portfolio

Mapmaking automation

Profit

• Better map

• Grow operational revenue

• Lower latency

• Realize cost efficiencies

• Lower cost

• Generate strong free cash

flow as of 2023 and

onwards

3

Financial highlights

  • Group revenue of €115m (Q4 '20: €125m)
  • Location Technology revenue of €91m (Q4 '20: €102m)
  • Automotive operational revenue of €71m (Q4 '20: €85m)
  • Free cash flow of €57m (Q4 '20: €34m)
  • Net cash of €356m (Q3 '21: €302m)

4

Automotive backlog

• Automotive backlog is defined as the cumulative

1,900

expected IFRS revenue from all awarded Automotive

deals

• Automotive awards do not provide minimum volume

or purchase requirements. Volumes are based on

estimates of car sales and take rates

62%

•

Year-on-year change of the backlog is the result of

the following:

- Revenue recognition during the year

- Estimate of cumulative value of all awarded

contracts during the year

12%

13%

13%

- Changes in our customers' car production

forecasts for previously awarded deals

YE '21

2022

2023

2024

2025 and

beyond

in € million, phasing of revenues in %

5

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TomTom NV published this content on 04 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2022 12:05:06 UTC.