Reference is made to the stock exchange announcement published by Zwipe AS (the
"Company") on 16 December 2024 regarding the outcome of exercised warrants of
series TO1, where the Company disclosed that a total of 24,116,078 warrants of
series TO1 were exercised for subscription of 12,058,039 new shares.

The share capital pertaining to the exercise of warrants of series TO1 has now
been registered with the Norwegian Register of Business Enterprises (Nw.:
Foretaksregisteret). The Company's new share capital is NOK 11,136,138.30
divided on 111,361,383 shares, each with a nominal value of NOK 0.10.

For further information contact:

Robert Puskaric, CEO of Zwipe

E-mail: ir@zwipe.com

This information is information that Zwipe AS is obligated to make public
pursuant to the continuing obligations of companies admitted to trading on
Euronext Growth Oslo (Euronext Growth Oslo Rule Book - Part II) and on Nasdaq
First North Growth Market. Certified Adviser on Nasdaq First North is FNCA
Sweden AB, info@fnca.se. The information was submitted for publication, through
the agency of the contact person set out below, at 14.25 on 23 December 2024.

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries and cultures to make convenience safe and secure. We
are pioneering next-generation biometric card and wearables technology for
payment and physical & logical access control and identification solutions. We
promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services. Zwipe is headquartered in Oslo, Norway, with a global presence.

To learn more, visit http://www.zwipe.com