Oslo, 20 August 2025: Reference is made to the stock exchange announcement
published earlier today whereby NEXT Biometrics Group ASA (OSE: NEXT) ("NEXT" or
the "Company") published its Q2 report. 

The Company is planning a private placement of new shares at NOK 4.25 per share
to raise gross proceeds in the amount of minimum NOK 15 million and maximum NOK
20 million (the "Private Placement") to solve working capital needs and to
finance general corporate purposes and expected growth in the second half 2025.
Certain existing shareholders, including Norus AS, Valset Invest AS, HAAS AS and
Camiko AS (the "Existing Shareholders") have offered to underwrite at least NOK
15 million of the Private Placement, subject to customary conditions. The
underwriters will receive a underwriting commission of 3% of the underwritten
amount.

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

This information in this stock exchange announcement is considered to be inside
information pursuant to the EU Market Abuse Regulation and is published in
accordance with section 5-12 the Norwegian Securities Trading Act. This stock
exchange announcement was published by Eirik Underthun, CFO at NEXT Biometrics
Group ASA, on 20 August 2025, at 08:30 hours (CEST).

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).