MapsPeople A/S renews customer contract with large expansion in contract value

Early contract renewal with significant upsell

MapsPeople A/S is pleased to announce the signing of a large expansion contract with a North American customer
for an additional 39-month period for a smart building project containing up to 130 properties and up to 85 million
square feet of residential real estate to be mapped. The contract expansion is mDKK 5.2 for the contracted period.
The new annual recurring revenue of this contract is below the mDKK 2.0 threshold that requires a company
announcement according to MapsPeople information- and communication policy.

The entire contract amount for the 39-month contract period is invoiced at contract signature. The license has been
delivered to the customer on March 31, 2024.
For additional information, please contact
MapsPeople A/S
Morten Brøgger, CEO
Mobile (+45) 31 23 48 72
Stigsborgvej 60, 9400 Nørresundby
Certified Advisor
Grant Thornton
Stockholmsgade 45 2100 Copenhagen Ø

This announcement is not an offer to sell or a solicitation of any offer to buy any securities issued by MapsPeople in
any jurisdiction where such offer or sale would be unlawful and the announcement and the information contained
herein are not for distribution or release, directly or indirectly, in or into such jurisdictions, including but not limited
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This announcement does not constitute an offering circular, company description or other offer document and
nothing herein contains an offering of securities. No one should purchase or subscribe for any securities in
MapsPeople except as described in this company announcement.
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