NEXT Biometrics Group ASA – Grant of share options to primary insider

16 Dec 2022 13:02 CET

Oslo, 16 December 2022: Reference is made to the stock exchange announcements by
NEXT Biometrics Group ASA ("NEXT" or the "Company") on 19 May regarding the
Annual General meeting authorizing the company's board of directors authority to
issue options to management and key employees.

The following primary insiders in the Company have been granted additional share
options:
-Ulf Ritsvall (SVP Sales and Marketing) has been granted 200,000 share options
in the Company, following which he holds in total 1,900,000 share options.

50% of the awarded options vest in the third calendar quarter of 2023 and the
remaining 50% vest in the third calendar quarter of 2024. The exercise price of
the share options shall be equal to the average volume weighted market price of
the Company's shares over the last five trading days prior to the date of grant,
being NOK 4.48.

This information is subject to the disclosure requirements pursuant to Article
19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian
Securities Trading Act.

NEXT Investor contact:
Peter Heuman (CEO), peter.heuman@nextbiometrics.com
Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com

About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised
security and accuracy for the best possible user experience in the smart card,
government ID, access control and notebook markets. The company’s patented NEXT
Active Thermal™ principle allows the development of large, high quality
fingerprint sensors in both rigid and flexible formats. NEXT Biometrics Group
ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and
development operations in Seattle, Taipei, Bengaluru and Shanghai.

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