Zwipe AS — AGM Information 2021

May 20, 2021

Zwipe publishes minutes from Annual General Meeting - Correction

Zwipe publishes minutes from Annual General Meeting - Correction

Correction of Annual General Meeting minutes published 19 May - Corrected name

Board of Directors:

OSLO, NORWAY- 19 May 2021 -?The Annual General Meeting in Zwipe AS (Company) was

held today. All proposed resolutions were approved unanimously in accordance

with the call for the meeting. The minutes of Annual General Meeting are

included as an attachment. The complete proposal, which was approved by the

Annual General Meeting, is available on www.zwipe.com for further reference. The

attendants of the AGM represented 27.3% of the votes in the

company.   (https://zwipe.com/assets/files/reports-and-presentations/ENG

-Representerte-aksjer-ZWIPE.pdf)

The following matters were reviewed and confirmed:

Approval of the annual report and financial statements for 2020:

The board's proposal for the annual report and the financial statements

for 2020 for the Company and the group were unanimously approved.

Election of members to the Board of Directors:

The following persons were unanimously elected to as the new Board of

Directors:

·

Jörgen Lantto, Chairman of the board

·

Diderik Schonheyder

·

Johan Biehl

·

Dennis Jones

·

Stina?Granberg

·

Tanya Juul?Kjaer

Remuneration to the members of the Board of Directors and the members of the

Nomination Committee

Remuneration to the Board members for the period from the AGM in 2021 until the

AGM in 2022 were unanimously approved as follows:

Chairman of the Board:    NOK 260,000,-

Members of the Board:     NOK 130,000,-

No remuneration to the members of the Nomination Committee was resolved.

Board authorizations to increase the share capital and instructions to the Board

regarding use of the authorization to increase the shares capital to strengthen

the Company's equity

The Board proposed that two new authorizations for the Board on capital

increases are issued, (i) to fulfil the Company's incentive program and (ii) to

cater for strengthening of the Company's equity (extract, please see the

attachment to the notice for the complete proposal).

i. Authorization for capital increase to fulfill the Company's incentive

program

The Annual General Meeting resolved that the Board is hereby granted

authorization to increase the share capital of Zwipe AS (the Company), on one or

several occasions, with up to NOK 230,631.90 (2,306,319 new shares), equivalent

to 7 % of the registered share capital at the time of this resolution. The

authorization shall remain in force until the end of the annual general meeting

2022, however not beyond 30 June 2022. The pre-emptive right of the shareholders

to subscribe may be set aside.

ii. Authorization for capital increase to strengthen the Company's equity

The Annual General Meeting resolved  that the General Meeting granted a new

authorization to the Board to issue shares corresponding to up to 15% of the

share capital, and the new authorization shall be restricted to issue of shares

to strengthen the Company's equity to the extent the Board considers this to be

in the Company's best interest at the given time.

The authorization shall remain in force until the end of the annual general

meeting 2022, however not beyond 30 June 2022. The pre-emptive right of the

shareholders to subscribe may be set aside.

This is information that Zwipe AS is obligated to make public pursuant to the

continuing obligations of companies admitted to trading on Euronext Growth

Market Oslo and on Nasdaq First North Growth Market. Certified Adviser on Nasdaq

First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00 399. The information

was submitted for publication, through the agency of the contact person set out

below, on May 20, 2021 at 09:15 CEST

About Zwipe

Zwipe?is pioneering the next generation contactless payments experience,

providing biometric payment cards components and wearables technology that

enable consumers to authorize transactions with their fingerprints without

compromising their privacy. Together with an ecosystem of partners including

global brands within digital security and financial services,?Zwipe?is "Making

Convenience Safe & Secure" for banks, merchants and consumers.?Zwipe's?solutions

address the hygiene and data theft pitfalls inherent in traditional

authentication methods. Headquartered in Oslo, Norway, with a global

presence,?Zwipe?is leading the next great shift in payments from contactless to

contact free. To learn more, visit www.zwipe.com

For more information contact: André Løvestam, CEO, +47?991 66

135  info@zwipe.com (ado@zwipe.com)