Q3 2023 Results

Alain De Taeye - Board Member

Taco Titulaer - CFO

13 October 2023

A new approach

to mapmaking

Insatiable market demand

A vast and growing number of applications is empowered by location technology

Location technology use cases

are becoming more and more advanced

The demand and requirements for location data are continuously increasing

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Bringing location data together

There is a large volume of location data produced in every instance, by phones, cars, and mapping communities such as

OpenStreetMap

Bringing all this data together is hard, as it is mostly non-standardized, and available maps are proprietary

Standardization presents a profound opportunity

4 © 2023 TomTom

A new approach to mapmaking

Standardization

We are promoting a standard specification for the map that brings uniformity and consistency

Standardization is organized through the Overture Maps

Foundation

Flexibility

Our mapmaking platform is inherently compatible with the emerging standard, and

can ingest all relevant data

This includes a combination of open data and proprietary data sources

Interoperability

We aim to provide a canvas for customers and partners to build on and add content to

This is facilitated by standardization and our platform, which is able to integrate all different datasets

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TomTom NV published this content on 13 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2023 11:16:28 UTC.