IDEX Biometrics ASA: Strategic Share Issuance to Board Member Bolsters Alignment

Oslo, Norway – June 23, 2025 – IDEX Biometrics ASA (OSE: IEX), a leading provider of advanced fingerprint authentication solutions, today announced the formal issuance of 5,412,932 new shares to board member Annika Olsson. This issuance, first disclosed in a stock exchange announcement on May 22, 2025, is a key component of Ms. Olsson's board remuneration, underscoring the company's commitment to aligning the interests of its leadership with those of its shareholders.

This strategic move is not merely a procedural step but reflects a growing trend among forward-thinking companies to compensate key executives and board members with equity. By receiving shares as part of her remuneration, Annika Olsson's financial success becomes directly tied to the long-term performance and value creation of IDEX Biometrics. This alignment is crucial for fostering a strong sense of ownership and dedication among the company's leadership, encouraging decisions that prioritize sustainable growth and shareholder returns.

Details of the Share Issuance

The 5,412,932 new shares issued to Ms. Olsson represent a significant stake, reinforcing her commitment to the company's vision and strategic objectives. The decision to compensate board members with shares is often viewed positively by the market, as it signals confidence from within the company's highest ranks. It suggests that the board member believes in the future prospects of the company and is willing to hold its equity, rather than simply receiving cash compensation.

This issuance follows the previously communicated resolution and is part of a broader strategy by IDEX Biometrics to ensure its governance structure supports its ambitious growth trajectory in the rapidly expanding market for biometric authentication technology. The company has been at the forefront of developing secure, convenient, and cost-effective fingerprint solutions for a variety of applications, including payment cards, access control, and digital identity.

Market Context and Implications

The biometric market is experiencing robust growth, driven by increasing demand for enhanced security and user convenience across various sectors. IDEX Biometrics, with its innovative sensor technology and strong patent portfolio, is well-positioned to capitalize on this trend. The issuance of shares to a board member like Annika Olsson, who brings valuable expertise to the board, can be interpreted by investors as a sign of stability and long-term strategic planning.

Such equity-based compensation schemes are often seen as a mechanism to attract and retain top talent, particularly in highly competitive and specialized industries like biometrics. It ensures that the leadership team is incentivized to make decisions that enhance shareholder value, as their personal wealth is directly linked to the company's stock performance. This can lead to more prudent financial management, strategic investments in R&D, and a focus on sustainable profitability.

Investment Insights for Shareholders

For current and prospective investors in IDEX Biometrics (IEX), this share issuance offers several insights:

• Strong Alignment: The move reinforces the alignment of board interests with shareholder interests, potentially leading to more shareholder-friendly decisions.
• Confidence in Future: It signals internal confidence in the company's long-term prospects and its ability to execute on its strategic goals.
• Governance Best Practice: Equity compensation for board members is often considered a governance best practice, promoting long-term value creation over short-term gains.
• Potential for Stability: A committed board, with vested interests, can contribute to greater corporate stability and consistent strategic direction.

Investors should continue to monitor IDEX Biometrics' financial performance, product development pipeline, and market penetration. While this share issuance is a positive indicator of internal confidence and governance, it is one of many factors to consider in a comprehensive investment analysis. The company's ability to convert its technological leadership into sustained revenue growth and profitability will remain the ultimate determinant of its long-term success.

In conclusion, IDEX Biometrics ASA's issuance of shares to board member Annika Olsson is a strategic decision that strengthens internal alignment and signals confidence in the company's future. This move, consistent with best practices in corporate governance, aims to foster long-term value creation for all shareholders as IDEX continues to innovate and expand its presence in the global biometric market.