Keyware Technologies NV — Share Issue/Capital Change 2012

Jul 18, 2012

Press release

REGULATED INFORMATION

Keyware announces capital increase of 1.5 Mio EUR

Brussels, Belgium – 13 July 2012 – Today Keyware (EURONEXT Brussels: KEYW) announced that the Board of Directors has resolved a capital increase of 1.5 million euros from authorised capital.

On 13 July 2012, a meeting of the Board of Directors took place before notary De Wulf in execution of the decision to carry out a capital increase by 1.5 million euros through the issuance of 2,225,514 new company shares. The issue price is set at EUR 0.674, which is the average of the closing price on the thirty (30) calendar days prior to the issue date (as derived from the daily official list of Euronext Brussels).

The priority rights of the existing shareholders have been cancelled in favour of the following parties:

• Parana Management Corp BVBA, represented by Mr Guido Van der Schueren
• Big Friend NV, represented by Mr Stéphane Vandervelde
• Iquess Consulting BVBA, represented by Mr Wim Verfaille
• Mr Johan Hellinckx
• Mr Joris Maes
• Checkpoint X, BVBA, represented by Mr Giovanni Verborg
• Mr Marc Vandebergen

The capital increase brings the total number of shares to 19,033,793.

An application to list these shares on NYSE Euronext Brussels will be made at the earliest opportunity.

Over Keyware

Keyware (EURONEXT Brussels: KEYW) is a leading supplier of electronic-payment solutions, customer loyalty systems, identity applications and related transaction management. Keyware is located in Zaventem, Belgium. Visit the company website at www.keyware.com for more details.

For further details, please contact:

Mr Stéphane Vandervelde President & CEO Keyware Technologies

Tel: +32 (0)2 346.25.23 ir@keyware.com www.keyware.com