NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES OF AMERICA, THE UNITED KINGDOM, AUSTRALIA, CANADA,
HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR
RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY
OF THE SECURITIES DESCRIBED HEREIN.

Oslo, 10 June 2026: Reference is made to the stock exchange announcement
published by NEXT Biometrics Group ASA (the "Company") yesterday, 9 June 2026,
regarding the preliminary results of the rights issue of new shares in the
Company (the "Offer Shares") at a subscription price of NOK 1.00 per Offer Share
(the "Rights Issue").

The subscription period for the Rights Issue expired at 16:30 (CEST) on 9 June
2026.

At the expiry of the subscription period, the Company had received valid
subscriptions for a total of 41,000,000 Offer Shares, including subscriptions
from the underwriters (the "Underwriters") pursuant to the underwriting
agreements. The subscriptions received will, subject to payment, provide the
Company with NOK 41 million in total gross proceeds.

Allocation of the Offer Shares has been completed in accordance with the
allocation criteria as resolved by the Company's general meeting and as set out
in the prospectus for the Rights Issue dated 22 May 2026 (the "Prospectus"). 

19,243,604 Offer Shares were allocated based on exercised Subscription Rights.
6,382,608 Offer Shares were allocated to subscribers who have exercised their
Subscription Rights and over-subscribed. 370,850 Offer Shares were allocated to
subscribers not holding Subscription Rights. 15,002,938 Offer Shares were
allocated to the Underwriters of the Rights Issue pursuant to their underwriting
obligations.

WARRANTS

Subscribers in the Rights Issue will, without additional consideration, receive
one (1) warrant (Nw.: frittstående tegningsretter) (the "Offer Warrants") for
every two (2) Offer Shares allocated to, and paid by, them in the Rights Issue.
Based on the final allocation of 41,000,000 Offer Shares, a total of 20,500,010
Offer Warrants will be issued to subscribers in the Rights Issue.

Each Offer Warrant will give the holder the right to subscribe for one (1) new
share in the Company at NOK 1.00 per share. Half of the Offer Warrants may be
exercised from 17 March 2027 to 31 March 2027, and the remaining half may be
exercised from 17 June 2027 to 1 July 2027. The Offer Warrants will be
transferable and may be admitted to trading on the Euronext Oslo Børs or
Euronext Growth Oslo. 

UNDERWRITING FEE

Pursuant to the underwriting agreements for the Rights Issue dated 16 and 17
March 2026, each Underwriter is entitled to an underwriting fee as compensation
for their respective underwriting obligation.

Each Underwriter, other than the Manager (as defined below) acting in the
capacity as an Underwriter, (the "Affiliated Underwriters") is entitled to an
underwriting fee of one (1) warrant per Offer Share underwritten in the Rights
Issue, equal to in total 20,875,000 warrants (the "Commission Warrants"), on the
same terms as the Offer Warrants. The Commission Warrants will be issued upon
completion of the Rights Issue and will be in addition to any Offer Warrants
allocated to such Affiliated Underwriter as a subscriber of Offer Shares.

The Manager, acting in the capacity as an Underwriter, will be entitled to an
underwriting fee of 11% of its underwriting commitment payable in cash upon
completion of the Rights Issue.

NOTIFICATION OF ALLOCATION AND PAYMENT DATE

Notifications of the allocated Offer Shares and the corresponding subscription
amount to be paid by each subscriber are expected to be distributed today, 10
June 2026. Payment for the allocated Offer Shares falls due on 12 June 2026.

The Offer Shares may not be transferred or traded before they have been fully
paid and the share capital increase pertaining to the Rights Issue has been
registered with the Norwegian Register of Business Enterprises (Nw.
Foretaksregisteret). The Company will publish a stock exchange announcement once
the share capital increase has been registered.

Subject to timely payment of the aggregate subscription amount in the Rights
Issue, it is expected that the share capital increase pertaining to the Rights
Issue will be registered with the Norwegian Register of Business Enterprises on
or about 17 June 2026 and that the Offer Shares will be delivered to subscribers
on or about 18 June 
2026.

The Offer Shares are expected to be tradeable on Euronext Oslo Børs from and
including 18 June 2026.

CONVERSION OF SHAREHOLDER LOAN

As previously announced, the Company has agreed that the initial amount under
the shareholder loan agreement entered into with certain lenders on 20 January
2026 for the principal amount of NOK 9 million (the "Shareholder Loan"), will be
set off through the issuance of new shares in the Company to the lenders at a
conversion price equal to the subscription price in the Rights Issue, upon
completion of the Rights Issue.

The board of directors has today resolved to increase the Company's share
capital by NOK 900,000 by issuance of 9,000,000 new shares at a subscription
price of NOK 1.00 per share pursuant to the board authorization granted by the
annual general meeting held on 19 May 2026. The share capital increase
pertaining to the set off of the Shareholder Loan is expected to be registered
with the Norwegian Register of Business Enterprises after the share capital
increase pertaining to the Rights Issue has been registered, and will be
announced in a separate stock exchange announcement upon registration.

NEW SHARE CAPITAL 

Following the issuance of 41,000,000 Offer Shares and the 9,000,000 new shares
issued pursuant to set-off of the Shareholder Loan, the Company's share capital
will be NOK 6,198,604.20 divided into 61,986,042 shares, each with a nominal
value of NOK 0.10.

ADVISORS

Arctic Securities AS is acting as manager in connection with the Rights Issue
(the "Manager"). Advokatfirmaet Thommessen AS is acting as legal advisor to the
Company in connection with the Rights Issue.

This information is subject to disclosure under Section 5-12 of the Norwegian
Securities Trading Act. The information was published by Eirik Underthun, CFO at
NEXT Biometrics Group ASA, and at the time and date, as set out above.

NEXT INVESTOR CONTACTS: 
Ulf Ritsvall (CEO), [email protected] 
Eirik Underthun (CFO), [email protected] 

# # # # # 

About NEXT Biometrics 

NEXT Biometrics is a pioneer of high-security biometric authentication, enabling
users to live simpler, safer lives.  

NEXT Biometrics was founded on the belief that strong authentication and
identification can be secure, seamless and cost effective for governments and
businesses with Active Thermal® technology. More than 25 years later, NEXT
has retained its Norwegian heritage and grown to serve customers globally.  

Today, our solutions are used by billions of users each year across 10+ national
ID and local programs, 150.000+ POS terminals, 25+ laptop and tablet models from
tier-1 OEMs, and physical and logical access control implementations.
Through state-of-the-art technology, deep industry expertise and close
collaboration with partners for seamless integration, Active Thermal® biometrics
can make life simpler and safer for everyone.  

For more information, visit NEXT Biometrics, read our blog and follow us
on LinkedIn. NEXT Biometrics is listed on Euronext (NEXT.OL).  

- IMPORTANT INFORMATION -

This announcement is not and does not constitute an offer of securities for sale
or a solicitation of an offer to purchase securities of the Company in the
United States or any other jurisdiction. Copies of this document may not be sent
to jurisdictions, or distributed in or sent from jurisdictions, in which this is
barred or prohibited by law. The securities of the Company may not be offered or
sold in the United States absent registration or an exemption from registration
under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act").
The securities of the Company have not been, and will not be, registered under
the U.S. Securities Act. Any sale in the United States of the securities
mentioned in this communication will be made solely to "qualified institutional
buyers" as defined in Rule 144A under the U.S. Securities Act. No public
offering of the securities will be made in the United States.

Any offering of the securities referred to in this announcement will be made by
means of the Prospectus approved by the Norwegian Financial Supervisory
Authority on 22 May 2026. This announcement is an advertisement and is not a
prospectus for the purposes of Regulation (EU) 2017/1129 of the European
Parliament and of the Council of 14 June 2017 on prospectuses to be published
when securities are offered to the public or admitted to trading on a regulated
market, and repealing Directive 2003/71/EC (as amended) as implemented in any
EEA Member State (the "Prospectus Regulation"). Investors should not subscribe
for any securities referred to in this announcement except on the basis of
information contained in the Prospectus. Copies of the Prospectus are available
from the Company's registered office and on the Manager's website.

In any EEA Member State other than Norway, this communication is only addressed
to and is only directed at qualified investors in that Member State within the
meaning of the Prospectus Regulation, i.e., only to investors who can receive
the offer without an approved prospectus in such EEA Member State. In the United
Kingdom, this communication is only addressed to and is only directed at
Qualified Investors who (i) are investment professionals falling within Article
19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (as amended) (the "Order") or (ii) are persons falling within Article
49(2)(a) to (d) of the Order (high net worth companies, unincorporated
associations, etc.) (all such persons together being referred to as "Relevant
Persons"). These materials are directed only at Relevant Persons and must not be
acted on or relied on by persons who are not Relevant Persons. Any investment or
investment activity to which this announcement relates is available only to
Relevant Persons and will be engaged in only with Relevant Persons. Persons
distributing this communication must satisfy themselves that it is lawful to do
so.

This document is not for publication or distribution in, directly or indirectly,
Australia, Canada, Japan, the United States or any other jurisdiction in which
such release, publication or distribution would be unlawful, and it does not
constitute an offer or invitation to subscribe for or purchase any securities in
such countries or in any other jurisdiction. In particular, the document and the
information contained herein should not be distributed or otherwise transmitted
into the United States or to publications with a general circulation in the
United States of America.

The Manager is acting for the Company in connection with the Rights Issue and no
one else and will not be responsible to anyone other than the Company for
providing the protections afforded to its clients or for providing advice in
relation to the Rights Issue or any transaction or arrangement referred to in
this announcement.

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "anticipate", "believe",
"continue", "estimate", "expect", "intends", "may", "should", "will" and similar
expressions. The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further assumptions.
Although the Company believes that these assumptions were reasonable when made,
these assumptions are inherently subject to significant known and unknown risks,
uncertainties, contingencies and other important factors which are difficult or
impossible to predict and are beyond its control. Such risks, uncertainties,
contingencies and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by such
forward-looking statements. The information, opinions and forward-looking
statements contained in this announcement speak only as at its date and are
subject to change without notice.

This announcement is made by and is the responsibility of the Company. Neither
the Manager nor any of its affiliates makes any representation as to the
accuracy or completeness of this announcement and none of them accepts any
responsibility for the contents of this announcement or any matters referred to
herein.

This announcement is for information purposes only and is not to be relied upon
in substitution for the exercise of independent judgment. It is not intended as
investment advice and under no circumstances is it to be used or considered as
an offer to sell, or a solicitation of an offer to buy any securities or a
recommendation to buy or sell any securities of the Company. No reliance may be
placed for any purpose on the information contained in this announcement or its
accuracy, fairness or completeness. Neither the Manager nor any of its
affiliates accepts any liability arising from the use of this announcement.
tion of an offer to buy any securities or a\
recommendation to buy or sell any securities of the Company. No reliance may be\
placed for any purpose on the information contained in this announcement or its\
accuracy\, fairness or completeness. Neither the Manager nor any of its\
affiliates accepts any liability arising from the use of this announcement.\