Ms. Jennifer Bakken reports

INTERMAP APPOINTS NEW AUDITORS

Intermap Technologies Corp. has appointed MNP LLP as auditor of the company. The board of directors of the company approved the appointment of MNP as auditor.

KPMG LLP was the former auditor of the company. On May 5, 2025, KPMG notified the company of its decision, at its own initiative, to decline to stand for reappointment as the company's auditor in respect of the financial year ending Dec. 31, 2025. The company has worked diligently since the resignation date to select appropriate successor auditor to KPMG, which led to the appointment of MNP.

Pursuant to the company's management information circular dated May 28, 2025, at the upcoming annual general meeting of holders of Class A common shares of the company to be held on June 26, 2025, shareholders are being asked to approve the appointment of successor auditor to KPMG to hold office until the next annual meeting of shareholders or until a successor is appointed, and to authorize the board to fix the remuneration of the replacement auditor. This announcement serves as notice to the shareholders that the company has appointed MNP as the replacement auditor. Accordingly, at the meeting, shareholders are being asked to approve the appointment of MNP as the replacement auditor, and to authorize the board to fix its remuneration.

The company will not issue a new form of proxy or voting instruction form to shareholders in respect of the meeting. Shareholders who vote by proxy in advance of the meeting in respect of the appointment of the replacement auditor as auditor of the company should be aware that they are voting in respect of the appointment of MNP and the authorization of the board to fix its remuneration.

As previously disclosed, there were no modified opinions in KPMG's report on any of the financial statements of the company relating to the period commencing at the beginning of the company's two most recently completed financial years and ending on the resignation date, nor have there been any "reportable events," as defined in National Instrument 51-102 -- Continuous Disclosure Obligations.

About Intermap Technologies Corp.

Founded in 1997 and headquartered in Denver, Colo., Intermap is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3-D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the company provisions diverse, complementary, multisource data sets to enable customers to seamlessly integrate geospatial intelligence into its workflows. Intermap's 3-D elevation data and software analytic capabilities enable global geospatial analysis through artificial intelligence and machine learning, providing customers with critical information to understand its terrain environment. By leveraging its proprietary archive of the world's largest collection of multisensor global elevation data, the company's collection and processing capabilities provide multisource 3-D data sets and analytics at mission speed, enabling governments and companies to build and integrate geospatial foundation data with actionable insights. Applications for Intermap's products and solutions include defence, aviation and UAV (unmanned aerial vehicle) flight planning, flood and wildfire insurance, disaster mitigation, base mapping, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas, and transportation.

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