OSLO, NORWAY – 29 October 2020 – 

Reference is made to the stock exchange announcement from Zwipe AS dated 28 October 2020 regarding the final results of the subsequent offering, and the allocations of offer shares that were made to primary insiders.

• Primary Insider Concito AS, owned by Pål Eivind Vegard, board member of Zwipe, was allocated 32,650 Offer Shares in the Subsequent Offering, which is 173 more shares than announced 28 October. Following this transaction, Pål Eivind Vegard owns 568,260 shares in the Company through Concito AS
• Primary Insider Feat Invest AB, a company where board member of Zwipe, Johan Biehl, is a board member, was allocated 18,292 Offer Shares in the Subsequent Offering, which is 12 more shares than announced 28 October. Following this transaction, Feat Invest AB owns 319,792 shares in the Company.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

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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 further information please contact: Lars Kristian Solheim, CFO, +47 991 66 135  ir@zwipe.com