Zwipe AS - Board/Management Information 2020

Zwipe nominates industry leaders as new board members

OSLO, NORWAY- 23 APRIL 2020 - The Nomination Committee of Zwipe AS has proposed

the nomination of two leading payment and technology professionals to its board

of directors to be voted upon at its upcoming Annual General Meeting to be held

virtually on 14 May 2020.

Mr. Diderik Schonheyder is a recognized authority on payment products, services

and systems development with more than 35 years' experience as an executive,

advisor and investor in the information technology and telecommunications

industry. He previously served in global roles at Visa International and

MasterCard, and currently operates a consultancy company focused on payment

ecosystems.

Mr. Pål Eivind Vegard is a seasoned entrepreneur, investor, and board member who

has been active for over three decades in the telecommunications and software

industries in Europe. He established Tele1 Europe in Norway in 1998 before going

on to fund several companies. Through his investment company, Concito, he was

one of the early backers of Zwipe and he served on Zwipe's board from 2011 to

2016. He was also an early investor and chairman of the board in Onecall, today

a successful mobile brand owned by Telia.

In addition to Diderik Schonheyder and Pål Eivind Vegard, the Nomination

Committee proposes that Dorian Barak, Johan Biehl, Dennis Jones and Jörgen

Lantto (Chairman) are re-elected as Directors of the Board.

About Zwipe

Zwipe is a technology solution provider that enables battery-less, ultra-low

-power, self-contained biometric authentication solutions. Together with an

ecosystem of partners including global brands within security, financial

services and ID applications, Zwipe is "Making Convenience SecureT" for banks,

merchants and consumers. Using advanced fingerprint recognition while protecting

personal information, Zwipe's solutions address the data theft pitfalls inherent

in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has

spent the last 10 years developing its unique power harvesting technology

platform in combination with security solutions based on international

infrastructure standards. To learn more, visit www.zwipe.com

For more information, please contact:

Lars Kristian Solheim, CFO

+47 991 661 35

AI assistant