28 Jan 2025 18:22 CET

Utsteder

Zwipe AS

Oslo, Norway - 28 January 2025

Reference is made to the stock exchange announcement published by Zwipe AS (the
"Company") earlier today regarding the decision from the Oslo Chamber of
Commerce dated 27 January 2025 at 23:25 CET in the payment dispute between IDEX
Biometrics ASA and Zwipe AS. The Company has now held the extraordinary board
meeting as referred to in said stock exchange announcement.

The board has discussed whether it can continue its operations in the light of
the claim payable based on the decision from the Oslo Chamber of Commerce. Based
on the board's assessment, the Company is currently in discussions which are not
unlikely to provide the Company with necessary financing to avoid insolvency. It
is, thus, the board's opinion that the Company currently has a basis for further
operations. The Company will inform the market again when it knows the outcome
of said discussions.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and section 5-12 of the Norwegian Securities Trading
Act.
This stock exchange release was published by Hugo Petit, CFO, on 28 January 2025
at 18.22 CET.


For further information contact:

Robert Puskaric, CEO of Zwipe

E-mail: ir@zwipe.com

This information 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 07:00 CET on 20 January 2025.

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


637294_Zwipe_additional_information.pdf

Kilde

Zwipe AS

Leverandør

Oslo Børs Newspoint

Company Name

ZWIPE

ISIN

NO0010721277

Ticker

ZWIPE

Marked

Euronext Growth