Oslo, 12 September 2024: Reference is made to the NEXT Biometrics Group ASA's
(the "Company", OSE ticker: NEXT) share option programs. The company's previous
CEO has today exercised a total of 4,720,000 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. The options'
average strike price is NOK 3.99, and the total option exercise strike price
amount of NOK 18.85 million is expected to be paid to the Company in due course
and booked as equity capital.

The board of directors of the Company has in a board meeting held today, on 12
September 2024, resolved to increase the Company's share capital with NOK
4,720,000 by the issuance of 4,720,000 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 16 May 2024 for the purpose of facilitating settlement of the
exercised options. 

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 109,654,535, divided into 109,654,535 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. The total option
exercise strike price amount of NOK 18.85 million is expected to be paid to the
Company in due course and booked as equity capital.

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 payment and
fintech, government ID, access control and office and notebook markets. The
company's patented NEXT Active Thermal ® principle allows the development of
large, high-quality fingerprint sensors with superior security level. NEXT
Biometrics Group ASA is headquartered in Oslo, with sales, support, and
development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.