IDEX - DISCLOSURE OF LARGE SHAREHOLDING

24 Nov 2022 13:51 CET

Reference is made to the announcement by the Idex Biometrics ASA (“The Company”)
on 16. November 2022 regarding the completed private placement in the Company
and the description in the announcement relating to the share lending agreement
pursuant to which Sundt AS has agreed to the lending of shares in connection
with the private placement. Further reference is made to the announcement on 17
November 2022 relating to Sundt AS` disclosure due to the execution of the share
loan.

As a result of the re-delivery of shares, Sundt AS discloses the following
information pursuant to Section 4-2 of the Norwegian Securities Trading Act and
the Securities Trading Act Regulations:

On 24 November 2022, following re-delivery of the 45,000,000 shares in the
Company, Sundt AS’ holdings of shares went 37,938,149 shares to 82,938,149 which
represents 7.42% of the share capital based on 1,117,335,282 shares in issue
following tranche 1 of the private placement.

More information:
Access the news on Oslo Bors NewsWeb site