Zwipe AS – exercise of stock options

OSLO, NORWAY – 28 March 2022 – Primary insider Lars Kristian Solheim, CFO of Zwipe AS (the "Company"), has today exercised 150,000 stock options, each giving the right to acquire one share in the Company at a strike price of NOK 6.54. The stock options have been allocated to Lars Kristian Solheim under the Company's stock option incentive program. After completion of the transaction, Lars Kristian Solheim will own 240,000 shares.

Attached is a copy of the form submitted to the Norwegian FSA, Finanstilsynet, reporting the transaction as listed above.

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries and cultures to make convenience safe and secure. We are pioneering next-generation biometric card and wearables technology for payment and physical & logical access control and identification solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.

To learn more, visit www.zwipe.com

For more information, please contact:

Lars Kristian Solheim, CFO
+47 991 661 35
lars.kristian@zwipe.com

This is information that Zwipe AS is obligated to make public pursuant to the EU Market Abuse Regulation on Euronext Growth Oslo and on Nasdaq First North Growth Market Stockholm. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0) 8528 00 399. The information was submitted for publication, through the agency of the contact person set out above, at 13:15 CET on 28 March 2022.