Zwipe AS - Share Issue/Capital Change 2020

Zwipe AS - Registration of share capital increase

OSLO, NORWAY - 09 October 2020- The share capital increase pertaining to the

333,333 new shares in the Private Placement allocated to the chair of the board

of directors, Jörgen Lantto, as resolved by the board of directors of Zwipe AS

on 7 September 2020 and approved by the extraordinary general meeting on 29

September 2020, has today been registered in the Norwegian Register of Business

Enterprises. The new share capital is NOK 3,190,657.60, and the new number

of shares and votes is 31,906,576.

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 more information, please contact:

Lars Kristian Solheim, CFO

+47 991 661 35

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

was submitted for publication, through the agency of the contact person set out

below, at 16:00 CET on 9 October 2020.

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