NEXT Biometrics Group ASA — Remuneration Information 2018

Apr 3, 2018

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 55,000 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 43.23 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 1,729,561

About NEXT Biometrics

NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the smart card, government ID, access control and notebook markets. The company's patented NEXT Active Thermal principle allows the development of large, high quality fingerprint sensors in both rigid and flexible formats. NEXT Biometrics Group ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and development operations in Seattle, Silicon Valley, Taipei, Prague and Shanghai.

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