IDEX BIOMETRICS ASA REVISES ITS BUSINESS STRATEGY PLAN AND MAKES CHANGES IN MANAGEMENT

Oslo, Norway, 11 March 2025 Following the lack of revenues and low number of revenue-generating agreements secured in Q4 2024, the board of directors (“Board”) of IDEX Biometrics ASA ("IDEX") has undertaken a strategic review, following which the Board has concluded on a new strategy, with a fundamental shift in how IDEX will take its technology and products to market. The review has concluded that IDEX has unique competitive advantages in its biometric Access technology (IDEX Access) and is optimally posi ...