Precise Biometrics announces outcome in the issuance of substitute warrants to holders of warrants in Fingerprint Cards

Settlement of the cash consideration and delivery of the Substitute Warrants will start in connection with final registration of the merger with the Swedish Companies Registration Office and, in connection therewith, the Substitute Warrants will be admitted to trading on Nasdaq Stockholm. The right to receive Substitute Warrants is granted to the Warrant Holders who, as of 15 July 2026, or such other date on which the merger is finally registered with the Swedish Companies Registration Office, are holders of warrants of series 2025:1 (TO8) in Fingerprint Cards. The Substitute Warrants are issued free of charge.

Two hundred and twenty-two (222) Substitute Warrants entitle the holder to subscribe for one (1) new ordinary share in Precise Biometrics at a subscription price equal to 70 percent of the volume weighted average share price of Precise Biometrics’ share on Nasdaq Stockholm during the ten trading days preceding, but not including, 11 September 2026, however never exceeding SEK 3.33 per share.

Provided full exercise of the Substitute Warrants, the share capital of Precise Biometrics will increase by a maximum of SEK 2,507,487.60 and the number of shares will increase by 8,358,292.

For further information, please refer to Precise Biometrics’ press release on 18 June 2026.

Important information
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This press release does not constitute a prospectus or an offer document. Nor does this press release constitute an offer to sell, or a solicitation or invitation of any offer to buy, acquire or subscribe for, any securities, or an inducement to enter into investment activity, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Warrant Holders should read the board resolution on issuance of warrants and the accompanying warrant terms and conditions for more complete information about the merger and the Substitute Warrants.

This press release contains forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside the control of Precise Biometrics, Fingerprint Cards or the combined company. Such factors may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements. Undue reliance should not be placed on forward-looking statements. The forward-looking statements speak only as at the date of this press release and Precise Biometrics does not undertake any obligation to update the forward-looking statements except to the extent required by applicable law. Additionally, there can be no certainty that the merger will be completed in the manner and timeframe described in this press release, or at all.