Regulatory press release

Yubico has been approved for listing on Nasdaq Stockholm

Nasdaq Stockholm's listing committee has made the assessment that Yubico AB ("Yubico" or the "Company") fulfils the listing requirements for admission of Yubico's shares to trading on Nasdaq Stockholm Main Market. The approval is subject to certain customary conditions, including the approval and registration of a prospectus by the Swedish Financial Supervisory Authority. The prospectus is expected to be approved by the Swedish Financial Supervisory Authority and published on the Company's website, investors.yubico.com, on Tuesday 3 December 2024. The first day of trading on Nasdaq Stockholm is scheduled for Thursday 5 December 2024 and the last day of trading on Nasdaq First North Growth Market ("First North") is scheduled for Wednesday 4 December 2024.

Yubico's shares will be traded in the Large Cap segment under the same ticker (YUBICO) and the same ISIN code (SE0015657788). There will not be any offer or issue of new shares in connection with the transfer to Nasdaq Stockholm and shareholders of Yubico will not need to take any action in connection therewith.

Yubico's board of directors and executive management believe that the transfer from First North to Nasdaq Stockholm is a natural step in the Company's continued growth journey as a global cybersecurity company and ambition to continue to create shareholder value by increasing opportunities to retain and attract key employees, customers and partners, as well as to broaden the investor base and provide opportunities for increased institutional and international ownership. The quality indication which a listing on Nasdaq Stockholm implies is expected to have a positive effect on the business in relation to customers, shareholders, and other stakeholders.

"The listing of our shares on Nasdaq Stockholm's main market is a significant milestone in Yubico’s journey as a global leader in secure authentication. This step confirms our strong foundation, demonstrates our ability to combine innovation with robust processes, and opens up new opportunities to grow and evolve, enabling us to better support our customers and partners worldwide", says Mattias Danielsson, CEO of Yubico.

Advokatfirman Cederquist is the legal advisor to Yubico in connection with the listing on Nasdaq Stockholm.

About Yubico

Yubico (Nasdaq First North Growth Market Stockholm: YUBICO), the inventor of the YubiKey, offers the gold standard for phishing-resistant multi-factor authentication (MFA), stopping account takeovers in their tracks and making secure login easy and available for everyone. Since the company was founded in 2007, it has been a leader in setting global standards for secure access to computers, mobile devices, servers, browsers, and internet accounts. Yubico is a creator and core contributor to the FIDO2, WebAuthn, and FIDO Universal 2nd Factor (U2F) open authentication standards, and is a pioneer in delivering modern, hardware-based passkey authentication security at scale to customers in over 160 countries.

Yubico’s solutions enable passwordless logins using the most secure form of passkey technology. YubiKeys work out-of-the-box across more than a thousand consumer and enterprise applications and services, delivering strong security with a fast and easy experience.

As part of its mission to make the internet more secure for everyone, Yubico donates YubiKeys to organizations helping at-risk individuals through the philanthropic initiative, Secure it Forward. The company is headquartered in Stockholm and Santa Clara, CA. For more information on Yubico, visit us at www.yubico.com.