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Zwipe AS

Legal Proceedings Report Feb 14, 2025

3797_rns_2025-02-14_d7790619-753f-4d56-810b-708a437d889f.html

Legal Proceedings Report

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ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Oslo, Norway - 14 February 2025

Reference is made to the stock exchange announcement published by Zwipe AS (the

"Company") on 28 January 2025 regarding the discussions which were not unlikely

to provide the Company with necessary financing to avoid insolvency.

The board has today concluded that these discussions have been terminated

without a positive result. Therefore, the board is currently assessing the

Company's financial situation and whether there is a basis for further

operations.

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation (MAR) and is subject to the disclosure requirements

pursuant to MAR article 17 and   section   5-12   of   the   Norwegian

Securities   Trading   Act.

This stock exchange release was published by Hugo Petit, CFO, on 14 February

2025 at 19.00 CET.

For further information contact:

Robert Puskaric, CEO of Zwipe E-mail: [email protected]

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

pursuant to the continuing obligations of companies admitted to trading on

Euronext Growth Oslo (Euronext Growth Oslo Rule Book - Part II) and on Nasdaq

First North Growth Market. Certified Adviser on Nasdaq First North is FNCA

Sweden AB, [email protected]. The information was submitted for publication, through

the agency of the contact person set out below, at 07:00 CET on 20 January 2025.

About Zwipe

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

future. We work with great passion across networks of international

organizations, industries and cultures to make convenience safe and secure. We

are pioneering next-generation biometric card and wearables technology for

payment and physical & logical access control and identification solutions. We

promise our 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.

To learn more, visit:

http://www.zwipe.com

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