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Regulatory press release

NEXT: NEXT Biometrics secures NOK 3.5 million purchase order for NEXT Basalt, FAP20 from an existing distributor

NEXT Biometrics Group
Oslo, Norway, February 16, 2025 - NEXT Biometrics, a world leader in advanced
high-security fingerprint sensor technology, has received an additional order
from an existing distributor. The order of NEXT's FAP 20, Basalt, order valued
at NOK 3.5 million with requested deliveries starting in Q2 2026 and with
expected completion in Q4 2026. This call off order is a part of the contract
that NEXT announced on May 13, 2025.

"It is great to see the Indian market continue to drive demand, and for NEXT to
once again receive a sizeable order for NEXT Basalt, FAP20", says Digvijay Singh
Kanwar, Senior Vice President, Head of Sales IUEA (India, US, EU and Africa). "

NEXT's Active Thermal® technology uses both heat from the finger and 3D imaging
to authenticate the user. This enables superior authentication speed and
liveness detection to combat spoofing attacks, when compared with other
fingerprint authentication technologies. The product also minimizes energy
consumption and delivers exceptional performance in varying light and
environmental conditions.

Over the last 25 years, NEXT Biometrics has shipped more than 10 million
sensors. Its Active Thermal® technologies are certified by entities including
Aadhaar, FBI-PIV, MOSIP Compliance and NIBSS, and have been implemented in
countries including Bangladesh, China, Ghana, India, Malaysia, Pakistan, U.S.
and Vietnam.

For more information about the Basalt L1 Slim sensor, visit our website.

For further information, please contact:
Ulf Ritsvall, CEO
Email: ulf.ritsvall@nextbiometrics.com
Eirik Underthun, CFO
Email: eirik.underthun@nextbiometrics.com

About NEXT Biometrics

NEXT Biometrics is a pioneer of high-security biometric authentication, enabling
users to live simpler, safer lives.

NEXT Biometrics was founded on the belief that strong authentication and
identification can be secure, seamless and cost effective for governments and
businesses with Active Thermal® technology. More than 25 years later, NEXT has
retained its Norwegian heritage and grown to serve customers globally.

Today, our solutions are used by billions of users each year across 10+ national
ID and local programs, 150.000+ POS terminals, 25+ laptop and tablet models from
tier-1 OEMs, and physical and logical access control implementations. Through
state-of-the-art technology, deep industry expertise and close collaboration
with partners for seamless integration, Active Thermal® biometrics can make life
simpler and safer for everyone.

For more information, visit NEXT Biometrics, read our blog and follow us
on LinkedIn. NEXT Biometrics is listed on Euronext (NEXT.OL).
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