NEXT Biometrics Group ASA - Grant of share options to primary insiders

Oslo, 14 October 2025: As part of NEXT Biometrics Group ASA's ("NEXT" or the"Company") long-term incentive program set out in the Company's guidelines forremuneration of senior executives, the below primary insiders of the Companyhave been granted share options:-Ulf Ritsvall (CEO) has been granted 1,000,000 share options in the Company,following which he holds a total of 5,125,000 share options.-Marcus Lauren (Chief Product Officer) has been granted 500,000 share optionsinthe Company, following which he holds a total of 725,000 share options.-Joshua Chi (Senior Vice President, Head of Sales South-East Asia) has beengranted 150,000 share options in the Company, following which he holds a totalof 425,000 share options.-DigVijay Singh Kanwar (Senior Vice President, Head of Sales IUEA) has beengranted 300,000 share options in the Company, following which he holds a totalof 650,000 share options.

With regards to the 2025 option program for management and key employees, intotal 33% of the options vest in the third calendar quarter of 2026, 33% oftheoptions vest in the third calendar quarter of 2027 and the remaining 33% vestinthe first calendar quarter of 2028. The date of expiry for all vested optionsis9 May 2030. Any options that are not exercised at, or prior to this date willelapse. The exercise price of the share options for management and keyemployeesshall be equal to the average volume weighted market price of the Company'sshares over the last five trading days prior to the date of grant, being NOK3.38.

Reference is further made to the stock exchange announcement by the Company on8October 2025 regarding the resolution by the extraordinary general meeting togrant Roy Tselentis (deputy chair of the Company's board of directors) a totalof 300,000 share options in the Company, following which he holds a total of500,000 share options.

Of the 300,000 share options granted to Roy Tselentis, 150,000 of the shareoptions shall have an exercise price of NOK 4.25, while the exercise price forthe remaining 150,000 of the share options shall be NOK 5.00.

With regards to the 2025 option program for board members, in total 50% of theoptions will vest on 9 May 2026 and 50% of the options will vest on 9 May2027.The date of expiry for all vested options is 9 May 2030. Any options that arenot exercised at, or prior to this date will elapse.

After the above-mentioned allotments, if all conditions are met, the totalnumber of issued share options in the Company is 14,341,825.

Please see the attached forms for further information.

This information is subject to the disclosure requirements pursuant to Article19 of the EU Market Abuse Regulation and section 5-12 of the NorwegianSecurities Trading Act.

For further information, please contact:Ulf Ritsvall, CEOEmail: ulf.ritsvall@nextbiometrics.comEirik Underthun, CFOEmail: eirik.underthun@nextbiometrics.com

About NEXT Biometrics:NEXT Biometrics is a pioneer of high-security biometric authentication,enablingusers to live simpler, safer lives. NEXT Biometrics was founded on the beliefthat strong authentication and identification can be secure, seamless and costeffective for governments and businesses with Active Thermal® technology. Morethan 25 years later, NEXT has retained its Norwegian heritage and grown toservecustomers globally. Today, our solutions are used by billions of users each year across 10+nationalID and local programs, 150.000+ POS terminals, 25+ laptop and tablet modelsfromtier-1 OEMs, and physical and logical access control implementations. Throughstate-of-the-art technology, deep industry expertise and close collaborationwith partners for seamless integration, Active Thermal® biometrics can makelifesimpler and safer for everyone.For more information, visit NEXT Biometrics, read our blog and follow us onLinkedIn. NEXT Biometrics is listed on Euronext (NEXT.OL).

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