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Zwipe AS Board/Management Information 2022

Jan 31, 2022

3797_rns_2022-01-31_290b620d-6f80-4f4f-adf1-4762e378c963.html

Board/Management Information

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Zwipe AS - Danielle Glenn appointed new CFO and Head of IR

Zwipe AS - Danielle Glenn appointed new CFO and Head of IR

OSLO, NORWAY - 31 January 2021 - Zwipe AS, a biometric fintech pioneering the

development of next generation biometric solutions in payments and access

control, has appointed Danielle Glenn as its new CFO and Head of IR effective

from 1 May 2022.

Ms. Glenn (44) will join Zwipe from her current position as CFO of Arctic

Bioscience AS, a Norwegian biotech company.  While at Arctic Bioscience, Ms.

Glenn managed the company's capital markets activities including its MNOK 300

IPO on Euronext Growth Market in Oslo in February 2021. In addition to her

responsibilities as CFO, she was also responsible for Investor Relations and

heavily involved in setting the company's overall strategic, commercial,

operating and investment plans. At Zwipe, she will help lead the company through

its next phase of international commercialization as the company approaches mass

volume rollout of biometric cards withing payments and access control.

"Zwipe is continually expanding the commercial and strategic opportunities for

its unique biometric technology. Danielle's background as a CFO operating at the

intersection of finance, commercial operations, technology and investor

relations in fast-growing companies as well as her deep experience from

international capital markets will provide us with the financial skill set we

need to increase long-term stakeholder value in the coming years," says André

Løvestam, CEO of Zwipe.

Prior to joining Arctic Bioscience, Ms. Glenn worked in several management roles

with start-up and scale-up companies in Norway upon moving to Oslo in 2016.  She

spent the majority of her career in London and New York, working at Goldman

Sachs, Caxton Associates and Bywater Capital as a global macro hedge fund

manager and Chief Investment Officer.  Ms. Glenn graduated magna cum laude from

Harvard University with a BA in History and Science.

"I am impressed by the innovation Zwipe is demonstrating in the fintech space,

honoured by the confidence management and the Board has placed in me, and

excited to help build upon Zwipe's strong commercial and technological

momentum.  I very much look forward to joining a Norwegian company with global

ambitions and an impressive international team," says Ms. Glenn.

Ms. Glenn will take over from Lars Kristian Solheim who has decided to pursue

other opportunities. Mr. Solheim has been the CFO since March 2020 and continues

as CFO of the company through April 2022.

"On behalf of the whole management team and Board, I would like to thank Lars

Kristian for his hard work and unquestionable dedication. He has acted as CFO

during an important and transformative stage in our growth story, providing

valuable contributions and wise counsel. I wish him the very best in all his

future endeavours," says Mr. Løvestam, CEO of Zwipe.

For further information, please contact:

André Løvestam

CEO of Zwipe AS

Phone: +47 934 36 952

Email: [email protected]

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

Market Abuse Regulation on Euronext Growth Oslo and on Nasdaq First North Growth

Market Stockholm. Certified Adviser on Nasdaq First North is FNCA Sweden AB,

[email protected], +46 (0) 8528 00 399. The information was submitted for

publication, through the agency of the contact person set out above, at 13:30

CET on 31 January 2022.

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer

future. The company works across networks of international organizations,

industries and cultures to make convenience safe and secure. Zwipe is pioneering

next-generation biometric card and wearables technology for payments, physical &

logical access control, and identification solutions. The company promises

customers and partners deep insight and frictionless solutions, ensuring a

seamless user experience with our innovative biometric products and services.

Zwipe is headquartered in Oslo, Norway, with a global presence.