Company: ITMSF
Filing Date: 2025-05-01
Form Type: 40FR12G
Source: 0001641172-25-007932
Chunk: 4

Company: INTERMAP TECHNOLOGIES CORP
Filing Date: 2025-05-01
Form: 40FR12G
Chunk 4
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 Company’s products and services into customers’
applications; (xi) the Company will be able to maintain compliance with applicable contractual and regulatory obligations and
requirements, and (xii) superior technologies/products are not developed that would render the Company’s current product
offerings inferior or obsolete.

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, international and political considerations, tariffs or other international trade disputes, environmental and social-related regulatory activity, the ability
of our U.S. subsidiary to preserve and use U.S. net operating losses in the future as a result of ownership changes and artificial intelligence, including
but not limited to those risks and uncertainties discussed under the heading “Risk Factors” in Intermap’s Annual Information Form for the year ended December 31, 2024 and the Company’s other filings
with securities regulators, all accessible under the electronic profile of Intermap on SEDAR+ at www.sedarplus.ca. The impact of any one
risk, uncertainty, or factor on a particular forward-looking statement is not determinable with certainty as these are interdependent,
and the Company’s future course of action depends on management’s assessment of all information available at the relevant
time.

The forward-looking information contained in this
Registration Statement is expressly qualified in its entirety by the above cautionary statement and is given as of the date hereof. The
Company disclaims any intention or obligation to revise or update any forward-looking information as a result of new information, future
events or otherwise.

<div align='center'>CURRENCY</div>

The Company presents its consolidated financial statements
in United States dollars unless otherwise specified. All dollar amounts in this Registration Statement are stated in United States dollars (“$”
or “US$”), except where otherwise indicated. On December 31, 2024, the daily average exchange rate (as reported by the Bank
of Canada) of United States dollars into Canadian dollars (“C$”) was US$1.00 equals C$1.4389.

<div align='center'>TAX MATTERS</div>

Purchasing, holding, or disposing of securities of the Registrant may
have tax consequences