IDEX Biometrics ASA: Appoints new Executive Chairman and CEO

01 Jun 2026 07:05 CEST

Oslo, Norway, 1 June 2026.

Leadership and Board changes

IDEX Biometrics ASA today announces that Anders Storbråten transitions from
Chief Executive Officer to Executive Chairman of the Board, and that
Kjell-Arne Besseberg is appointed Chief Executive Officer and interim Chief
Financial Officer with immediate effect.

In little more than a year as CEO, Anders Storbråten has restructured and
refinanced the company, led the development and commercial launch of its
biometric card products, and established revenue through agreements with new
channel partners and customers - building the ecosystem required to scale the
business.

The board considers IDEX to be at an inflection point - moving from
restructuring and product launch to commercial scaling - and views this
transition as a natural next step in the company's development. The new
structure is designed to sharpen, not reduce, Anders's commitment to IDEX.
With Kjell-Arne Besseberg assuming responsibility for the day-to-day
leadership of the organisation, Anders is freed to concentrate his time and
expertise on what matters most to the company's commercial trajectory - its
most important customer and partner relationships, product, commercial
strategy, communication, and capital markets. He will remain closely involved
in the business on a daily basis.

"It has been a privilege to lead IDEX through this period, and I am proud of
what we have built together - a strong product, a growing base of paying
customers, and real commercial momentum. I am more committed to IDEX than
ever. With Kjell-Arne stepping up to run the company, I can put my full energy
where I can add the most value, and I am genuinely excited about what we can
achieve in the years ahead," says Anders Storbråten, Executive Chairman.

Kjell-Arne Besseberg joined IDEX Biometrics as Chief Operating Officer in June
2025. Working closely alongside Anders Storbråten, he has been central to
building the platform now in place - strengthening the organisation, the
supply chain, and the company's commercial operations and customer agreements.
He takes over as CEO and interim CFO with immediate effect.

"IDEX has a great product and real opportunities ahead. Anders and I have
built this platform together, and I am excited to lead the next phase -
focusing on execution, growing revenue and deepening our customer
relationships, with Anders close at hand," says Kjell-Arne Besseberg, Chief
Executive Officer and interim Chief Financial Officer.

Market backdrop
The need for IDEX's technology has rarely been clearer. As artificial
intelligence rapidly lowers the cost and raises the sophistication of cyber
attacks - from AI-generated fraud and deepfakes to the large-scale compromise
of password- and software-based authentication - security that is rooted in
hardware and verified offline becomes increasingly important. IDEX's biometric
cards keep the user's fingerprint on the card itself and authenticate the user
without relying on networks, servers or software that can be attacked
remotely.

The board believes this dynamic - accelerated by the latest generation of AI
models - makes IDEX's products more relevant than ever, and it is one of the
reasons Anders Storbråten will continue to lead the company's most important
commercial relationships in his role as Executive Chairman.

Outgoing Chair: Morten Opstad
The board extends its sincere thanks to Morten Opstad for his long and
dedicated service to IDEX Biometrics. As the company's longest-standing
figure, Morten has played an important part in IDEX's journey, and the board
is grateful for his commitment over many years. The board wishes him every
success in his future endeavours.

Contacts
Anders Storbråten, Executive Chairman, Tel: +47 416 38 582
E-mail: ir@idexbiometrics.com

About Us
IDEX Biometrics ASA (OSE: IDEX) is shaping the future of access and payments.

IDEX Biometrics is advancing the future of access and payments with
identity-first biometrics. With over a decade of proprietary innovation, our
solutions are proven in the field, globally certified, and trusted by leading
financial institutions. We serve enterprises, the public sector, banks, and
issuers directly and through partners, delivering secure, seamless experiences
in digital and physical access and payments.

For more information, visit www.idexbiometrics.com
(http://www.idexbiometrics.com/)

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication, through the
agency of the contact persons set out above, at 2026-06-01 07:05 CEST.

More information:
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