NEXT Biometrics Group ASA — Share Issue/Capital Change 2018

Jun 18, 2018

NEXT Biometrics Group ASA - preliminary results of the subsequent offering

NEXT Biometrics Group ASA - preliminary results of the subsequent offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN

NEXT Biometrics Group ASA - preliminary results of the subsequent offering

Oslo, 18 June 2018: Reference is made to the stock exchange announcement from NEXT Biometrics Group ASA ("NEXT" or the "Company") dated 11 June 2018 regarding the subsequent offering and listing of up to 200,000 new shares, each with a nominal value of NOK 1.00 (the "Offer Shares") at a subscription price of NOK 42.00 per Offer Share (the "Subscription Price") to be carried out by NEXT (the "Subsequent Offering").

The subscription period for the Subsequent Offering expired today, 18 June 2018, at 16:30 hours (CET). The Company has received subscriptions for 6,867 Offer Shares from eligible shareholders in the Subsequent Offering.

The allocation of the Offer Shares will be resolved by the Company tomorrow, 19 June 2018, in accordance with the allocation criteria set out in the prospectus dated 8 June 2018. The final results of the Subsequent Offering will be published shortly thereafter, and letters regarding allocation of Offer Shares and the corresponding subscription amount to be paid by each eligible shareholder who has subscribed for Offer Shares in the Subsequent Offering, are expected to be distributed during the course of tomorrow, 19 June 2018.

Carnegie AS and DNB Markets, a part of DNB Bank ASA, are acting as Managers in the Subsequent Offering. Advokatfirmaet Thommessen AS is acting as legal advisor to the Company.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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.

Media contact:

Tom Beermann: tom.beermann@nextbiometrics.com

Investor contact:

Knut Stålen: knut.stalen@nextbiometrics.com

IMPORTANT NOTICE:

This announcement is not and does not form a part of any offer for sale of securities.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Canada, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. Any offering of the securities referred to in this announcement will be made by means of a prospectus.

This announcement is not a prospectus for the purposes of Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive"). Investors should not subscribe for any securities referred to in this announcement except on the basis of information contained in the aforementioned prospectus. In any EEA Member State other than Norway that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State.

This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.