Issue of Tranche 1 shares in IDEX Biometrics private placement on 16 September 2024

25 Sep 2024 13:16 CEST

Reference is made to the announcement by IDEX Biometrics ASA (the "Company") on
17 September 2024 regarding the private placement of shares with gross proceeds
of NOK 70 million (the "Private Placement"). The Company retained Arctic
Securities AS as sole manager and bookrunner for the Private Placement (the
"Manager").

The Private Placement is divided into two tranches. 101,624,966 shares were
allocated in the first tranche ("Tranche 1" and the "Tranche 1 Offer Shares")
and 365,041,700 Offer Shares were allocated in the second tranche ("Tranche
2"). Completion of Tranche 1 was subject to the Company's board of directors
(the "Board") being granted a board authorization to issue shares (the "Board
Authorization"). The Board Authorization was granted to the Board by the 23
September 2024 Extraordinary General Meeting. Completion of Tranche 2 is subject
to approval by an Extraordinary General Meeting in the Company on 9 October
2024.

The Board resolved on 25 September 2024 to issue the Tranche 1 Offer Shares in
the Private Placement. The Tranche 1 Offer Shares will, following registration
of the share capital increase associated with such shares in the Norwegian
Register of Business Enterprises, be delivered on a separate and non-tradable
ISIN, pending publication by the Company of a prospectus approved by the
Norwegian Financial Supervisory Authority.

Following registration of the share capital increase associated with the
issuance of the Tranche 1 Offer Shares, the Company's share capital will be NOK
66,056,228.10 divided into 440,374,854 shares, each with a nominal value of NOK
0.15.

For more information about the Private Placement, please see the above-mentioned
announcement.

For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com (mailto:marianne.boe@idexbiometrics.com)
Tel: + 47 9180 0186

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint
biometrics, offering authentication solutions across payments, access control,
and digital identity. Our solutions bring convenience, security, peace of mind
and seamless user experiences to the world. Built on patented and proprietary
sensor technologies, integrated circuit designs, and software, our biometric
solutions target card-based applications for payments and digital
authentication. As an industry-enabler we partner with leading card
manufacturers and technology companies to bring our solutions to market.

About this notice
This notice is published in accordance with section 5-12 of the Norwegian
Securities Trading Act.

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