Oslo, 14 February 2024: Option holders under NEXT Biometrics Group ASA's (the
"Company", OSE ticker: NEXT) share option programs have exercised a total of
418,083 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.

Of the 418,083 options exercised, 66,000 options were exercised at NOK 4.32 per
option, 175,333 options were exercised at NOK 4.89 per option, 175,000 options
were exercised at NOK 5.58 per option, and 1,750 options were exercised at NOK
6.52 per option. The exercise price 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 holder.

Further to the above, the board of directors of the Company has in a board
meeting held today, on 14 February 2024, resolved to increase the Company's
share capital with NOK 418,083 by the issuance of 418,083 new shares, each with
a nominal value of NOK 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 on 12 May 2023 for the purpose of facilitating
settlement of the exercised options. The exercise period for the options
commenced on 7 February 2024 at 10:00 hours (CET) and ended today, on 14
February 2024, at 11:00 hours (CET).

All of the exercised options have been granted under the Company's share option
programs, 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 the Norwegian
Register of Business Enterprises (Nw. Foretaksregisteret), the new share capital
of the Company will be NOK 104,443,012, divided into 104,443,012 shares, each
with a nominal value of NOK 1.00. The share capital increase will be registered
with the Norwegian Register of Business 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:
Ulf Ritsvall (CEO), ulf.ritsvall@nextbiometrics.com
Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com

About NEXT 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. NEXT Biometrics Group ASA is headquartered in Oslo, with
sales, support and development operations in Seattle, Taipei, Tokyo, New Delhi
and Shanghai.

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© Oslo Bors ASA, source Oslo Stock Exchange