IDEX Biometrics ASA: Interim statement of financial position as of 1 January 2025

21 Mar 2025 16:35 CET

IDEX Biometrics ASA ("IDEX" or "Company") released its preliminary financial
statements for 2024 on 27 February 2025. Subsequently, on 11 March 2025, the
Company announced its revised business strategy plan. The Company has reviewed
its assets and business in view of this strategy. Certain equipment items have
been written down and an obsolescence provision has been recognised on
inventory, and other, minor adjustments have been made. The total effect for the
IDEX Biometrics group on the consolidated result for 2024 and the consolidated
net equity as of 31 December 2024 amounted to an increased loss of USD 1.6
million and lower equity by the same amount. This will be reflected in the
annual financial statements for 2024 to be issued on 30 April 2025.

In the separate parent company financial statements for the parent company, IDEX
Biometrics ASA, an additional write-down on investments in subsidiaries
amounting to USD 5.7 million was recognized. This adjustment does not impact the
consolidated result or equity for the IDEX Biometrics group.

An interim statement of financial position (Norwegian: Mellombalanse) for the
parent company as of 1 January 2025 has been prepared for the purpose of the
extraordinary general meeting on 11 April 2025 to consider the board's proposal
to reduce the share capital. The interim statement of financial position is
attached to this notice. Please refer to the separate notice of the
extraordinary general meeting.

For further information contact:

Marianne Bøe, Head of Investor Relations, Tel: +47 91800186

Kristian Flaten, CFO, Tel: +47 95092322

E-mail: ir@idexbiometrics.com (mailto:ir@idexbiometrics.com)

About IDEX Biometrics:

IDEX Biometrics ASA (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. For
more information, visit www.idexbiometrics.com .

About this notice:

This notice was published by Kristian Flaten, CFO, 21 March 2025 at 16:35 CET on
behalf of IDEX Biometrics ASA.  This information is subject to the disclosure
requirements pursuant to the Norwegian Securities Trading Act section 5-12.

More information:
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641987_250321 IDEX Biometrics - Interim statement of financial position.pdf