Zwipe AS - Notice of Extraordinary General Meeting 15 February 2023

08 Feb 2023 12:00 CET

OSLO, NORWAY - 8 FEBRUARY 2023 - Reference is made to the extraordinary general
meeting held on 2 December 2022 in Zwipe AS (the "Company" or "Zwipe"),
regarding the resolution to complete a guaranteed rights issue in the Company,
raising gross proceeds of approximately NOK 100 million (the "Rights Issue").

Due to the Norwegian Private Limited Liability Companies Act requiring that the
subscription period in share capital increases cannot be later than three months
from the general meeting's resolution on the share capital increase and because
the subscription period for the Rights Issue is planned to begin on 6 March 2023
and end on 20 March 2023, the board of directors of Zwipe (the "Board") calls
for a new extraordinary general meeting (the "EGM") to repeat the resolution
resolved by the extraordinary general meeting on 2 December 2022 by making the
same resolution once again. For the avoidance of doubt, the Rights Issue to be
voted on at the EGM is the same Rights Issue as was resolved by the general
meeting on 2 December 2022. Further, the Board proposes that the Company's
articles of association are amended to facilitate advanced voting at future
general meetings.

The EGM will be held on 15 February 2023 at 12:00 hours CET. The general meeting
will be held as a virtual meeting on Microsoft Teams.

Please find attached the notice to the EGM. The notice is also available on the
Company's website, https://zwipe.com/investors.

The deadline for registration of attendance and proxies is 14 February 2023 at
16:00 hours CET. Shareholders are encouraged to register their notice of
attendance and proxies via the link found on the Company's website
https://zwipe.com/investors/general-meetings.

Alternatively, the notice of attendance and proxy forms included in the notice
may be sent by e-mail to genf@dnb.no, or by regular post to DNB Bank ASA,
Registrar's Department, P.O. Box 1600 Sentrum, 0021 Oslo, Norway.

In order to receive the link to the Microsoft Teams meeting, Zwipe's
administration will need to have the shareholder's or proxy holder's e-mail
address in advance. Thus, shareholders must after having registered their
attendance also register their or its proxy's e-mail address by sending an email
to ir@zwipe.com.

The Board has proposed the following agenda:

1. Opening of the General Meeting by the chair. Registration of meeting
shareholders
2. Election of a chair of the meeting and election of a person to co-sign the
minutes
3. Approval of the notice and the agenda
4. Repeated resolution on share capital increase in connection with a rights
issue
5. Amendment of section 8 of the Company's articles of association to
facilitate advance voting

########

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries and cultures to make convenience safe and secure. We
are pioneering next-generation biometric card and wearables technology for
payment and physical & logical access control and identification solutions. We
promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services. Zwipe is headquartered in Oslo, Norway, with a global presence.

To learn more, visit http://www.zwipe.com.

########

This is information that Zwipe AS is obligated to make public pursuant to the
continuing obligations of companies admitted to trading on Euronext Growth Oslo
(Euronext Growth Oslo Rule Book - Part II) and on Nasdaq First North Growth
Market. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se.
The information was submitted for publication, through the agency of the contact
person set out below, at 12:00 CET on 8 February 2023.

########

For more information, please contact:

Danielle Glenn, CFO and Head of IR

Tel: +47 909 98 201 and e-mail: ir@zwipe.com

More information:
Access the news on Oslo Bors NewsWeb site

581683_20230208_Zwipe_EGM_Notice.pdf