Zwipe AS - Director's Dealing 2020

Zwipe AS: Notification of Primary Insider Transaction - Correction

OSLO, NORWAY - 29 October 2020 -

Reference is made to the stock exchange announcement from Zwipe AS dated 28

October 2020 regarding the final results of the subsequent offering, and the

allocations of offer shares that were made to primary insiders.

· Primary Insider Concito AS, owned by Pål Eivind Vegard, board member of

Zwipe, was allocated 32,650 Offer Shares in the Subsequent Offering, which is

173 more shares than announced 28 October. Following this transaction, Pål

Eivind Vegard owns 568,260 shares in the Company through Concito AS

· Primary Insider Feat Invest AB, a company where board member of Zwipe, Johan

Biehl, is a board member, was allocated 18,292 Offer Shares in the Subsequent

Offering, which is 12 more shares than announced 28 October. Following this

transaction, Feat Invest AB owns 319,792 shares in the Company.

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act

About Zwipe

Zwipe is pioneering the next generation contactless payments experience,

providing biometric payment cards and wearables 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 further information please contact: Lars Kristian Solheim, CFO, +47 991 66

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