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Regulatory press release

NEXT: NEXT Biometrics secures first order for its biometric reader for Government ID use cases in Malaysia

NEXT Biometrics Group
Oslo, 19 February 2026 - NEXT Biometrics, the world leader in advanced
high-security fingerprint sensor technology, has secured its initial order in
Malaysia for its biometric reader, Oyster III. The reader will be used in
Malaysia Government Departments for various identity verification purposes.

"I am delighted to share that NEXT is now entering a new segment in Malaysia"
says Joshua Chiu, Senior Vice President, Head of Sales South-East Asia. "This
new order shows the growing trust in NEXT Oyster III Reader in Government ID
across use cases and is now available in Malaysia which shows a growing number
of countries."

This is a new design win for NEXT with deliveries schedule to start shipping in
Q1 2026.

NEXT's Active Thermal® technology uses both heat from the finger and 3D imaging
to authenticate the user. This enables superior authentication speed and
liveness detection to combat spoofing attacks, when compared with other
fingerprint authentication technologies. The product also minimizes energy
consumption and delivers exceptional performance in varying light and
environmental conditions.

Over the last 25 years, NEXT Biometrics has shipped more than 10 million
sensors. Its Active Thermal® technologies are certified by entities including
Aadhaar, FBI-PIV, MOSIP Compliance and NIBSS, and have been implemented in
countries including Bangladesh, China, Ghana, India, Malaysia, Pakistan, Sri
Lanka, U.S. and Vietnam.

For more information about NEXT Biometrics' solutions, visit our website.

For more information, please contact:
Ulf Ritsvall, Chief Executive Officer
ulf.ritsvall@nextbiometrics.com
Eirik Underthun, Chief Financial Officer
eirik.underthun@nextbiometrics.com

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).
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