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© 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure CONFIDENTIAL Intermap Technologies (TSX: IMP; OTCQB: ITMSF) Second Quarter 2025 Conference Call August 14, 2025
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© 2025 Intermap Technologies. All rights reserved. 2 Forward- Looking Disclaimer Certain information provided in this presentation, including reference to revenue growth, constitutes forward - looking statements. The words “anticipate”, "expect", “project”, “estimate”, “forecast”, “continue”, “focus”, “will”, “intends” and similar expressions are intended to identify such forward - looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap’s forward - looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap’s Annual Information Form and other securities filings. While the Company makes these forward - looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward - looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward - looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward - looking statements contained in this presentation are made as at the date of this presentation and the Company does not undertake any obligation to update publicly or to revise any of the forward - looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
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3 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure Financial Performance & Outlook • Second quarter 2025 operating cash flow of $2.1 million versus a use of $500 thousand in second quarter 2024 • First half 2025 operating cash flow grew 22% year over year: $1.4M vs. $1.15M • Strong liquidity: Cash & AR of $8.6 million up from $3.8 million at year end; working capital of $3.6 million • Reduced diluted shares by 1.3 million for $1.7 million to align incentives with contracted revenue • Reaffirming 2025 guidance of $30–35 million in revenue, 28% EBITDA margin
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4 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure Indonesia One Map Program Progress • Draft RFP released covering 1.6M+ sq. km of non-urban land • U.S. – Indonesia trade agreement enabling ILASP execution without regulatory risk and aligned with Intermap’s track record ofinvestment in Indonesia • Intermap is well-positioned for Phase 2, with unique capabilities and past performance
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5 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure U.S. Defense & National Security • Expanded engagement with DARPA acceleration program – advancing commercialization, supply chain integration and rapid deployment pathways • No funding ceiling cuts to any DOD contracts from DOGE review • Multi-year defense pipeline spans Southeast Asia, North & South America, Europe, Middle East
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6 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure Commercial Insurance Innovation • Launch of Insurance Risk Assistant Subsystem, developed over 10 years • Agentic AI eliminates basis risk, improves claim predictability by up to 30% • Expands market leadership in AI/ML-driven geospatial underwriting solutions
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7 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure Operating Cash Flow & Financial Discipline -1 -0.5 0 0.5 1 1.5 2 2.5 3 3.5 4 Q2 2024 Q2 2025 $ Millions Second Quarter Revenue Operating Cash Flow 0 1 2 3 4 5 6 7 8 H1 2024 H1 2025 $ Millions First Half Revenue Operating Cash Flow
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8 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure Strengthened Balance Sheet 0 2 4 6 8 10 12 14 31-Dec-24 30-Jun-25 $ Millions Total Assets Total Liabilities Shareholders' Equity
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9 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure Strategic Positioning & Guidance • Continuing to deliver priority GEOINT products in mission-critical geographies • Positioned in high-growth segments: National security, risk management, digital infrastructure, data modernization • Reaffirming 2025 guidance of $30–35 million in revenue, 28% EBITDA margin
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10 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure Q&A For more information, please visit www.intermap.com or contact: Jennifer Bakken Executive Vice President and CFO CFO@intermap.com +1 (303) 708-0955 Sean Peasgood Investor Relations Sean@SophicCapital.com +1 (647) 260-9266
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11 CONFIDENTIAL © 2025 Intermap Technologies. All rights reserved. – corporate proprietary restrictions on use and disclosure Vision Geospatial intelligence powered by 3D data