Precise Biometrics — AGM Information 2012

Sep 11, 2012

RESOLUTIONS AT PRECISE BIOMETRICS' EXTRAORDINARY GENERAL MEETING

At the Extraordinary General Meeting of Precise Biometrics, which was held today on Tuesday 11 September, it was resolved to authorize the Board to increase the company's share capital by a new share issue with shareholders preferential rights to the company's shareholders.

Approval of the decision by the Board of Directors to issue new shares with preferential rights to the company's shareholders

The Extraordinary General Meeting approved the resolution of the Board of Directors of 8 August, 2012 to increase the company's share capital by a maximum of SEK 30 231 220 by issue of a maximum of 75 578 048 new shares at a subscription price of SEK 0,72. The shareholders will have preferential rights to subscribe for the shares, whereby five (5) existing shares will entitle to subscription for two (2) new shares. In the event that all shares are not subscribed for on basis of subscription rights, allocation of shares shall be made within the scope of the maximum amount of the share issue, at which the Board of Directors shall allocate the shares primarily to those who have subscribed for shares on basis of subscription rights, pro rata in relation to their subscription on the basis of subscription rights, secondarily to those who have declared their interest to subscribe for shares without subscription rights, pro rata in relation to their declared interest and last to guarantors in proportion to their guarantee undertakings. Record day for determination of shareholders entitled to participate in the preferential rights issue shall be 17 September, 2012. Subscription for the new shares shall be made during the subscription period as from 19 September up to and including 3 October, 2012, or such later date as decided by the Board of Directors. Subscription on basis of subscription rights shall be made by simultaneous cash payment. Subscription without subscription rights shall be made on a separate subscription list and be paid in cash within three (3) banking days from when the Board of Directors' resolution on allocation has been sent to the subscriber, or such later date as decided by the Board of Directors. The new shares will entitle to dividend on the first record day for dividend that takes place after the issue of new shares has been registered by the Swedish Companies Registration Office (Sw: Bolagsverket).

Resolution regarding an incentive program for management and other employees

The Board's proposal regarding an incentive program for management and other employees was not supported by the necessary majority at the Extraordinary General Meeting and will therefore not be implemented.

FOR FURTHER INFORMATION, PLEASE CONTACT

Lisa Thorsted, Chairman of the Board, Precise Biometrics AB Telephone; +45 42 42 46 56

Thomas Marschall, President and CEO, Precise Biometrics AB Telephone; +46 46 31 11 10 or +46 734 35 11 10, E-mail; thomas.marschall@precisebiometrics.com

Precise Biometrics is a market-leading provider of solutions for fingerprint recognition to prove people's identities. With top-of-the-line expertise in fingerprint verification, Precise Biometrics offers fast, accurate and secure authentication of a person.

The technology adds value to ID, enterprise and bank cards as well as access to mobile solutions, computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users.

This press release contains information that Precise Biometrics AB is obliged to disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 11 September 2012 at 06.45 p.m. CET.

FOR FURTHER INFORMATION, PLEASE CONTACT

Lisa Thorsted, Chairman of the Board, Precise Biometrics AB Telephone; +45 42 42 46 56

Thomas Marschall, President and CEO, Precise Biometrics AB Telephone; +46 46 31 11 10 or +46 734 35 11 10, E-mail; thomas.marschall@precisebiometrics.com

Precise Biometrics is a market-leading provider of solutions for fingerprint recognition to prove people's identities. With top-of-the-line expertise in fingerprint verification, Precise Biometrics offers fast, accurate and secure authentication of a person.

The technology adds value to ID, enterprise and bank cards as well as access to mobile solutions, computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users.