Oslo, 1 November 2023: Option holders under NEXT Biometrics Group ASA's (the
"Company", OSE ticker: NEXT) share option programs have exercised a total of
29,166 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 29,166 options exercised, 12,500 options were exercised at NOK 2.49 per
option and 16,666 options were exercised at NOK 4,89 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 1 November 2023, resolved to increase the Company's share
capital with NOK 29,166 by the issuance of 29,166 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 25 October 2023 at 10:00 hours (CEST) and ended on 1 November 2023,
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 the Norwegian
Register of Business Enterprises (Nw. Foretaksregisteret), the new share capital
of the Company will be NOK 104,024,929, divided into 104,024,929 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 in both rigid and flexible formats. NEXT Biometrics Group
ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and
development operations in Seattle, Taipei, Bengaluru and Shanghai.