IDEX Biometrics ASA today announced its first official technology partner
agreement with Savyint Group, a leading digital identity and trust services
provider in Vietnam. This strategic agreement will bring IDEX's innovative
biometric FIDO Access cards to market across Vietnam and Southeast Asia, marking
a significant milestone in the company's commercial expansion and demonstrating
market acceptance for IDEX's new product line in ID/Access.

The agreement addresses the rapidly growing demand for secure digital
authentication solutions in Southeast Asia, where organizations across finance,
government, enterprise, healthcare, and education sectors are increasingly
adopting passwordless authentication and zero-trust security frameworks.

The global digital identity solutions market is experiencing explosive growth,
projected to grow from $43.07 billion in 2025 to $153.63 billion by 2032, driven
by escalating cybersecurity threats and regulatory compliance requirements. The
FIDO authentication market specifically is expanding at an exceptional 24.4%
CAGR, reaching an expected $5.72 billion by 2029, as organizations rapidly adopt
passwordless authentication to combat rising phishing attacks and credential
theft. Southeast Asia represents a particularly dynamic opportunity, with the
region's digital economy already reaching $295 billion in 2024 and on track to
become a $1 trillion market by 2030, while Asia Pacific is anticipated to
register the fastest growth rate in digital identity solutions globally.

The IDEX Total Access card represents a breakthrough in secure authentication
technology, combining the convenience of traditional access cards with advanced
fingerprint biometric authentication. These FIDO-certified cards eliminate the
need for passwords while providing the highest levels of security through on-
card biometric matching. Users simply place their finger on the card's
integrated sensor for instant, secure authentication to access digital services,
making it ideal for enterprise access control, secure login applications, and
digital identity verification across multiple platforms.

"Digital trust represents the confidence users place in people, technology, and
processes to create a secure digital ecosystem," said Mr. Steve Hoang - CTO &
Chairman at Savyint Group. "IDEX's biometric FIDO Access cards enable us to
significantly strengthen and expand our identity solutions portfolio, providing
the robust authentication foundation that transparent and secure digital
services require."

"Savyint Group has established itself as a trailblazer in digital identity and
trust services throughout Vietnam and APAC, with an impressive customer base
spanning finance, government, enterprise, healthcare, and education," said
Anders Storbråten, CEO of IDEX Biometrics. "Their proven expertise in customer
authentication and commitment to building comprehensive digital trust ecosystems
makes them an ideal partner for introducing our biometric access technology to
this dynamic market."

This agreement represents a crucial step in building IDEX's distributorship
channel strategy, providing a proven go-to-market pathway for the company's
Total Access cards in the high-growth Southeast Asian region. The agreement
positions both companies to capitalize on the accelerating shift toward
biometric authentication solutions while establishing a foundation for broader
regional expansion.

About SAVYINT

Savyint is an IT security company based in Sydney, Australia with an R&D center
in Hanoi and international offices in Singapore, Dubai, Ho Chi Minh City
(Vietnam), and Sofia (Bulgaria).

With over 20 years of experience, Savyint is among the world's leading IT
companies, providing software platforms, system solutions, and services for
digital transformation. Its expertise includes open banking, information
security, and FinTech, particularly in the Finance & Banking, FSI, Government,
Manufacturing, Telecommunications, Healthcare, Education, and Media sectors.

Website: https://savyint.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/)

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 this notice:

This notice was issued by Kjell-Arne Besseberg, COO, on July 29, 2025 at 08:00
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.


This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act