IDEX Biometrics ASA — Share Issue/Capital Change 2021

Mar 3, 2021

IDEX Biometrics: Employee Share Purchase Plan - 2 March 2021

IDEX Biometrics: Employee Share Purchase Plan - 2 March 2021

The board of directors of IDEX Biometrics ASA has resolved to issue 1,060,179

ordinary shares at NOK 1.83 per share to employees who participate in the

company's Employee Share Purchase Plan (ESPP), which plan was approved by the

annual general meeting on 15 May 2020.

53 employees participated in the ESPP in this period. The participating

employees have elected to invest a part of the base salary in ordinary shares in

the company. Purchase takes place every three months. The shares are restricted

for three months.

Following the issue, the Company's share capital will be NOK 137,463,240.15

divided into 916,421,601 shares each with a nominal value of NOK 0.15.

Primary insiders

Certain primary insiders acquired shares as follows:

CEO Vince Graziani acquired 23,093 ordinary shares. After the transaction, Mr.

Graziani holds the equivalent of 983,332 ordinary shares and 5,000,000 incentive

subscription rights to ordinary shares in IDEX.

CFO Derek D'Antilio acquired 51,960 ordinary shares. After the transaction, Mr.

D'Antilio holds the equivalent of 847,386 ordinary shares and 2,000,000

incentive subscription rights to ordinary shares in IDEX.

CTO Anthony Eaton acquired 2,989 ordinary shares. After the transaction, Mr.

Eaton holds 252,564 ordinary shares and 1,452,800 incentive subscription rights

to ordinary shares in IDEX.

VP Finance Erling Svela acquired 14,606 ordinary shares. After the transaction,

Mr. Svela holds 353,465 ordinary shares and 1,061,200 incentive subscription

rights to ordinary shares in IDEX.

IDEX 2020 ESPP

The ESPP was approved at the annual general meeting on 15 May 2020. Reference is

made to the notice of said meeting where the plan document in connection with

the ESPP is attached.

All employees in the Company and its subsidiaries, except in China, have been

offered to subscribe for shares in the Company in connection with the ESPP. The

ESPP is structured around four contribution periods a year, each starting on the

first day of the calendar month following each planned disclosure of an interim

report of the Company and lasts for the following three months. During each

contribution period, a fixed amount (up to 20% of the employee's gross base

salary) is withheld from the employee's net salary. The employee may sign up to

participate in the ESPP from the date of a public disclosure of an interim

report until the beginning of the contribution period. Unless the employee

actively withdraws from the ESPP, participation is automatically renewed for the

same amount for subsequent contribution periods. The board's resolution to issue

new shares in connection with the ESPP is made pursuant to the authorization

granted by the Company's annual general meeting on 15 May 2020 to increase the

Company's share capital in connection with the ESPP.

In accordance with the ESPP, the subscription price is the lower closing price

of the Company's share, as traded on Oslo Børs, on the first or last day of the

contribution period, less 15% discount. Payment of the subscription amount is

made out of the relevant employee salary withholding.

In accordance with Regulation (EU) 2017/1129 (the "Prospectus Regulation")

Article 1 (5) h, issuance of shares in connection with the ESPP is exempt from

the obligation to publish a listing prospectus.

For further information contact:

Marianne Bøe, Investor Relations

E-mail: marianne.boe@idexbiometrics.com

Tel: + 47 918 00186

Derek D'Antilio, Chief Financial Officer

E-mail: derek.dantilio@idexbiometrics.com

Tel: +1 978 273 1344

About IDEX Biometrics

IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a leading provider of

fingerprint identification technologies offering simple, secure, and personal

touch-free authentication for all. We help people make payments, prove their

identity, gain access to information, unlock devices, or gain admittance to

buildings. We invent, engineer, and commercialize these secure and safe yet

incredibly user-friendly solutions. Our total addressable market represents a

fast growing multi-billion-unit opportunity.

For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act