NEXT Biometrics Group ASA — Remuneration Information 2017

Dec 27, 2017

NEXT Biometrics Group ASA - Allocation of share options

NEXT Biometrics Group ASA - Allocation of share options

The following primary insider was allotted conditional share options:

Dan Cronin (EVP of Engineering) was allotted 10,000 conditional options. After grant, Dan Cronin holds total 45,000 conditional options and 0 shares.

Each share option gives the right, provided certain conditions are met, to subscribe for and be allotted one (1) share in the Company at an exercise price of NOK 61.44 per share, which is equal to the average volume-weighted market price of the shares over the five last trading days prior to the date of grant, plus 10%.

Exercise of vested share options is conditional upon the respective option holders meeting certain individual key performance indicators. The conditional options shall vest 1/3 after 1 year after allotment, additionally 1/3 after 2 years and then 1/3 after 3 years. The options expire after 6 years. Accelerated vesting will as defined in company stock option agreement take place at major events.

Total granted and allotted options as of today are 1,766,561

Enabled by its patented NEXT Active Thermal principle, NEXT Biometrics (www.nextbiometrics.com) offers large high-quality area fingerprint sensors in both rigid and flexible formats. The sensors can be implemented in a wide range of product formats, including smart cards, notebooks, time and attendance, USB-sensors, smart card readers, secure tokens and access control systems, and many more.

NEXT Biometrics Group ASA is a publicly-listed company headquartered in Oslo, Norway and with sales, support and development subsidiaries in Seattle, Silicon Valley, Taipei, Prague and Shanghai.

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For additional information, please contact:

Investor Relations:

Ritu Favre (CEO), Ritu.Favre@NEXTbiometrics.com

Knut Stålen (CFO), Knut.Stalen@NEXTbiometrics.com

Media:

Tom Beermann, tom.beermann@NEXTbiometrics.com