Zwipe AS — AGM Information 2021

Jan 7, 2021

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE OF EXTRAORDINARY GENERAL MEETING

OSLO, NORWAY - 07 January 2021 - The board of directors of Zwipe AS call for an

Extraordinary General Meeting to be held on 28 January 2021 at 10:00 CET.

Please find enclosed the notice of the Extraordinary General Meeting.

Following the capital increase in September and November, the nomination

committee and the board of directors (the "Board") in Zwipe have assessed the

need for changes to the nomination committee, so that the new nomination

committee may assess the need for changes to the board of directors prior to the

annual general meeting in 2021.

As part of its work on proposing new candidates for election to the nomination

committee, the nomination committee, consisting of Paal Raaholt, Magnus Berner

and Jörgen Lantto, has been in contact with several key persons related

to Zwipe. The nomination committee has been in contact with shareholders, in

particular the new major shareholder Vasastaden, as well as previous major

shareholder (and now second largest shareholder) Lars Windfeldt. The nomination

committee has also been in contact with the Board and

the company's management, prior to presenting their proposal to the Board.

Resulting from these contacts, the nomination committee proposes that a new

nomination committee is elected, consisting of Niclas Eriksson (Vasastaden),

Lars Windfeldt and Jörgen Lantto.

"On behalf of the Board of Directors of Zwipe, I welcome the fact that our new

major shareholder Vasastaden, a renowned Swedish institutional investor, wishes

to take an active role as member of Zwipe's nomination committee through its

Chairman, Niclas Eriksson. I also welcome that Lars Windfeldt, who has been a

major shareholder for Zwipe since 2011, wishes to join the nomination

committee as its Chairman. The fact that our two largest shareholders wish to

invest their time and energy into supporting the company, besides their capital

investments, is very encouraging" said Jörgen Lantto, chairman of the

Board of Zwipe.

As a result of this, the Board decided to call for an Extraordinary General

Meeting, and proposed the following agenda:

Opening of the general meeting by the chair of the Board. Registration of

meeting shareholders

Election of a meeting chairperson and person to co-sign the minutes together

with the chairperson

Approval of the notice and the agenda

Election of members to the nomination committee

Proposed decisions from the Board (extracts only, please see the attachments to

the notice for the full proposals)

Matter no. 4: Election of members to the nomination committee

In accordance with the proposal from the nomination committee and the support

from the board of directors, the Board propose the following new nomination

committee is elected:

·

Niclas Eriksson

·

Lars Windfeldt

·

Jörgen Lantto

Further it is proposed that Lars Windfeldt is appointed as the chair of the

nomination committee.

Notice of attendance, in person or by proxy, shall be given no later than 27

January 2021 at 16:00 CET. Shareholders are encouraged to register via the

following

link here (https://investor.vps.no/gm/logOn.htm?token=1565f95c3e37debea0619ea487c

acab6abef5894&validTo=1614416400000&oppdragsId=20210106VPNAJDU0).

Alternatively, the attached form may be sent by e-mail to genf@dnb.no, or

regular post to DNB Bank ASA, Verdipapirservice, NO-0021 Oslo.

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, please contact:

Lars Kristian Solheim, CFO

+47?991?661 35

lars.kristian@zwipe.com

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

continuing obligations of companies admitted to trading on Oslo Børs Merkur

Market 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, at 16:30 CET on 7 January 2021.