Registration of share capital reduction

27 May 2026 16:15 CEST

Oslo 27 May 2026: Reference is made to the stock exchange announcement made by
NEXT Biometrics Group ASA (the "Company") on 7 April 2026 regarding the
Company's extraordinary general meeting resolving a share capital decrease by
reducing the nominal value of the Company's shares by NOK 9,90 from NOK 10 to
NOK 0,10, resulting in a decrease of the Company's share capital by NOK
118,661,815.80, from NOK 119,860,420.00 to NOK 1,198,604.20.

The resolution was announced by the Norwegian Register of Business Enterprises
on 8 April 2026, whereafter followed a six-week creditor notice period ending at
the expiry of 20 May 2026. The creditor period has been completed without
objections.

The share capital reduction has today been registered with the Norwegian
Register of Business Enterprises (Nw.: Foretaksregisteret). Following such
registration the Company's share capital is NOK 1,198,604.20 divided into
11,986,042 shares and voting rights, each share with a nominal value of NOK
0.10.

This information is subject to the disclosure requirements pursuant to Section
5-8 and 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:
Ulf Ritsvall, Chief Executive Officer ulf.ritsvall@nextbiometrics.com 
Eirik Underthun, Chief Financial Officer eirik.underthun@nextbiometrics.com 

About NEXT Biometrics 
NEXT Biometrics is a pioneer of high-security biometric authentication, enabling
users to live simpler, safer lives. 

NEXT Biometrics was founded on the belief that strong authentication and
identification can be secure, seamless and cost effective for governments and
businesses with Active Thermal® technology. More than 25 years later, NEXT
has retained its Norwegian heritage and grown to serve customers globally. 

Today, our solutions are used by billions of users each year across 10+ national
ID and local programs, 150.000+ POS terminals, 25+ laptop and tablet models from
tier-1 OEMs, and physical and logical access control implementations.
Through state-of-the-art technology, deep industry expertise and close
collaboration with partners for seamless integration, Active Thermal® biometrics
can make life simpler and safer for everyone. 
For more information, visit NEXT Biometrics, read our blog and follow us
on LinkedIn. NEXT Biometrics is listed on Euronext (NEXT.OL).  

More information:
Access the news on Oslo Bors NewsWeb site