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IDEX Biometrics ASA Remuneration Information 2018

Aug 16, 2018

3633_dirs_2018-08-16_327525ff-82eb-44ff-91d9-3930428ed54c.html

Remuneration Information

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Mandatory Notice of Trade in IDEX - Incentive Subscription Rights

Mandatory Notice of Trade in IDEX - Incentive Subscription Rights

On 15 August 2018 the following two primary insiders were granted incentive

subscription rights under the company's 2018 incentive subscription rights plan

as resolved at the annual general meeting on 9 May 2018.

Adviser Larry Ciaccia, who is also a shareholder-elected board member, was

granted 600,000 incentive subscription rights to shares in IDEX. The exercise

price of the subscription rights is NOK 5.10 per share. 34 per cent of the

subscription rights vest on the grant date on the condition that Mr. Ciaccia has

not terminated his service agreement with IDEX before 15 August 2019, and

another 33 per cent vest on 15 July 2019 and 15 July 2020. The subscription

rights expire on 9 May 2023. Following the grant, Mr. Ciaccia holds or controls

121,563 shares and 600,000 subscription rights in IDEX.

Senior Vice President of Sales & Marketing David Orme, who joined IDEX on 4 June

2018, was granted 2,000,000 incentive subscription rights to shares in IDEX. The

exercise price of the subscription rights is NOK 5.10 per share. 25 per cent of

the subscription rights vest per year and the subscription rights expire on 9

May 2023. Following the grant, Mr Orme holds or controls 0 (nil) shares and

2,000,000 subscription rights in IDEX.

Contact

Charlotte Knudsen, Director of IR and Communications, +47 9756 1959,

[email protected]

About IDEX

IDEX is a leading developer of advanced off-chip fingerprint sensors and

complete system solutions to a range of biometrically-enabled applications,

including smart cards, Internet of Things (IoT) and mobile. The company's

technology is based on a fundamentally unique architecture that delivers form-

factor flexibility and superior cost-performance characteristics. IDEX's total

addressable market represents a fast-growing multi-billion unit opportunity.

IDEX ASA is traded on the Oslo Stock Exchange under the ticker IDEX.

For more information please visit www.idexbiometrics.com and follow us on

Twitter @IDEXBiometrics

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.