Oslo ,18 August 2022 : Option holders underNEXT Biometrics Group ASA's (the "Company", OSE ticker: NEXT) share option programs have today exercised a total of 300,000 options as set out below and as per the terms and conditions of the Company's share option programs. The exercised options will be settled by issuance of new shares in the Company. All 300,000 options were exercised atNOK 2.49 per option, which is equal to the volume weighted average trading price of the shares in the Company quoted at Oslo Børs the last five business days prior to the date of allocation of the respective options to the option holders. Further to the above, the board of directors of the Company has in a board meeting held today, on18 August 2022 , resolved to increase the Company's share capital withNOK 300,000 by the issuance of 300,000 new shares, each with a nominal value ofNOK 1.00 . The share issue was resolved pursuant to an authorization to increase the Company's share capital granted by the annual general meeting of shareholders on19 May 2022 for the purpose of facilitating settlement of the exercised options. The exercise period for the options commenced on12 August 2022 at 10:00 hours (CEST) and ended on today, on18 August 2022 , at 10:00 hours (CEST). All of the exercised options have been granted under the Company's share option program, as described in the Company's latest annual financial statements and report, which is based on guidelines approved by the general meeting of shareholders. Following the registration of the share capital increase with theNorwegian Register ofBusiness Enterprises (Nw. Foretaksregisteret), the new share capital of the Company will beNOK 91,980,763 , divided into 91,980,763 shares, each with a nominal value ofNOK 1.00 . The share capital increase will be registered with theNorwegian Register ofBusiness Enterprises as soon as practically possible after the share contribution has been paid in full. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. NEXT Investor contact:Peter Heuman (CEO), peter.heuman@nextbiometrics.comEirik Underthun (CFO), eirik.underthun@nextbiometrics.com AboutNEXT Biometrics NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the smart card, government ID, access control and notebook markets. The company's patented NEXT Active ThermalTM principle allows the development of large, high quality fingerprint sensors in both rigid and flexible formats.NEXT Biometrics Group ASA (www.nextbiometrics.com) is headquartered inOslo , with sales, support and development operations inSeattle ,Taipei , Bengaluru andShanghai .
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