TomTom initiates €15 million share buyback program

TomTom (TOM2), the location technology specialist, announced the start of a share buyback program to repurchase ordinary TomTom shares for an amount up to €15 million.

The share buyback will be implemented as follows:

• Purpose: cover its commitments arising from its share-based compensation plans

• Maximum amount allocated: €15 million

• Duration: the program will commence on 1 December 2025, to be completed before 30 May 2026

• Framework: to repurchase approximately 2.2% of its issued share capital, as authorized by the General Meeting on 15 April 2025, within the limit of 10%

• The share buyback program will be executed in compliance with applicable rules and regulations, including the Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (EU) 2016/1052

• TomTom has engaged an intermediary to allow for repurchases in the open market during both open and closed periods

TomTom will provide regular updates on the progress of the program, in line with applicable regulations, at: https://corporate.tomtom.com/investors/shareholder-information/share-buyback.

This press release is published by TomTom N.V. and contains inside information within the meaning of article 7 (1) to (4) of the Market Abuse Regulation (Regulation (EU) No 596/2014).