IDEX Biometrics ASA's first half 2025 report is attached to this notice.

Recent highlights:

  * Operating expenses excluding Cost of materials and Depreciation in the first
    six months of 2025 amounted to $5.2 million (excluding restructuring cost)
    compared to $10.7 million for the same period in 2024, resulting in a cost
    reduction of 52%, year-over-year
  * At the end of the second quarter of 2025 the Company had 30 full-time
    equivalent staff members, a reduction of 10 full-time equivalents compared
    to previous quarter, and down from 59 on June 30, 2024. Resulted in a cost
    reduction in compensation and benefits of $1.9 million, 73%, compared to
    previous quarter, and a cost reduction of $4.1 million, 72%, year-over-year.
  * Heights convertible bond renegotiated and amended

      * Outstanding principal reduced from approx. NOK66.6 million to approx.
        NOK50.0 million. In July, further reduced to approx. NOK33.3 million

  * Range of operational improvement initiatives being implemented - target
    quarterly run rate OPEX from end Q3 2025 in the range of $1.5-1.7 million
  * On June 1, 2025 IDEX strengthened its management team further. Kjell-Arne
    Besseberg started as IDEX Chief Operating Officer based in our offices in
    Oslo
  * On June 15, 2025 employees, directors and consultants subscribed for
    299,381,600 shares, totaling approximately NOK 3.0 million. Further
    strengthening the alignment of interest within the company
  * On June 30, 2025, the CEO Anders Storbråten also assumed the role as CFO
    after Kristian Flaaten. Consolidating the two roles will reduce cost,
    increase focus and strengthen IDEX investor relations further

Financial results Q2 2025:

  * Revenues of $0.1 million in the quarter
  * Operating expenses were $2.6 million (excluding restructuring cost)
  * Net loss was $2.1 million

  * Cash balance per 30 June 2025 at $1.0 million


IDEX Biometrics' reports and presentations are available on our website:
www.idexbiometrics.com/investors (http://www.idexbiometrics.com/investors)


For further information, please contact:

Anders Storbråten, CEO and CFO, Tel: +47 416 38 582

E-mail: ir@idexbiometrics.com (mailto:ir@idexbiometrics.com)


About IDEX Biometrics:

IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint
biometrics, offering authentication solutions across payments, access control,
and digital identity. Our solutions bring convenience, security, peace of mind
and seamless user experiences to the world. Built on patented and proprietary
sensor technologies, integrated circuit designs, and software, our biometric
solutions target card-based applications for payments and digital
authentication. As an industry-enabler we partner with leading card
manufacturers and technology companies to bring our solutions to market. For
more information, visit www.idexbiometrics.com (http://www.idexbiometrics.com/)


About this notice:

This notice was issued by Kjell-Arne Besseberg, COO, on 27 August 2025 at 07:00
CEST on behalf of IDEX Biometrics ASA. This information is subject to the
disclosure requirements pursuant to the Norwegian Securities Trading Act section
5-12.