Precise Biometrics publishes merger document regarding the merger with Fingerprint Cards

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Precise Biometrics AB (publ) (“Precise Biometrics”) and Fingerprint Cards AB (publ) (“Fingerprint Cards”) announced on 23 March 2026 that the boards of directors of Precise Biometrics and Fingerprint Cards had adopted a joint merger plan for merging the companies through a statutory merger in accordance with the Swedish Companies Act(the “Merger”). The Merger will be implemented by Precise Biometrics absorbing Fingerprint Cards. The Merger will create a combined business with a stronger offering, a strengthened commercial reach, realize meaningful synergies, and establish a profitable foundation with necessary scale for future organic growth and consolidation.

Precise Biometrics has today published a merger document regarding the Merger. The merger document is available at www.precisebiometrics.com. Furthermore, Precise Biometrics has previously published a notice of an extraordinary general meeting to resolve on the approval of the Merger. The extraordinary general meeting will take place on 30 April 2026. As previously announced, the Merger is expected to be completed in the beginning of the third quarter 2026.

AdvisorsPrecise Biometrics has retained DNB Carnegie Investment Bank as financial advisor and Vinge as legal adviser.

Additional informationAdditional information about the Merger is available at Precise Biometrics’ website, https://www.precisebiometrics.com/investors/merger2026/.

For further information, please contact:

Joakim Nydemark, CEOE-mail: [email protected]

 Important informationFor the purposes of this disclaimer, “this press release” means this document, its contents or any part of them, any oral presentation, any question-and-answer session and any written or oral materials discussed or distributed therein.

This press release may not be made public, published or distributed, either directly or indirectly, in or into Australia, Belarus, Canada, Hong Kong, Japan, New Zealand, Russia, Singapore, South Africa, South Korea, Switzerland, the United Kingdom, the United States, or any other jurisdiction where such action, in whole or in part, would be subject to legal restrictions or would require additional information documents, registration, or other measures beyond those required by Swedish law. The information in this press release may not be forwarded or reproduced in a manner that is inconsistent with such restrictions or would entail such requirements. Any violation of these instructions may constitute a breach of applicable securities laws.

This communication does not constitute notice to a general meeting or a merger document, nor shall it constitute an offer to sell or the 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. Any decision with respect to the proposed statutory merger of Precise Biometrics AB (publ) and Fingerprint Cards AB (publ) in accordance with the Swedish Companies Act should be made solely on the basis of information to be contained in the actual notices to the general meetings of Precise Biometrics and Fingerprint Cards, as applicable, and the merger document related to the Merger as well as on an independent analysis of the information contained therein. You should consult the merger document, which will be available prior to the general meeting at which the matters set out herein will be subject to vote, for more complete information about the Merger. You should also perform an independent analysis of the information contained therein and the merger document when making any investment decision.

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 each respective company 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. Although managements of each respective company believe that their expectations reflected in the forward-looking statements are reasonable based on information currently available to them, no assurance is given that such forward-looking statements will prove to have been correct. You should not place undue reliance on forward-looking statements. They speak only as at the date of this press release and neither Precise Biometrics nor Fingerprint Cards undertake any obligation to update these forward-looking statements. Past performance of Precise Biometrics and Fingerprint Cards does not guarantee or predict future performance of the Combined Company. Moreover, Precise Biometrics, Fingerprint Cards and their respective affiliates and their respective officers, employees and agents do not undertake any obligation to review, update or confirm expectations or estimates or to release any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of the presentation. 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.

About Precise Biometrics

Precise Biometrics AB (publ) (“Precise”) is a global pioneer in biometrics and cybersecurity. The offering includes algorithm products for fingerprint, facial, and palm recognition, along with turnkey solutions for visitor management (Precise Visit by EastCoast) and biometric physical access (Precise Access).

Our premium solutions enable secure and seamless access to data, mobile devices, premises, and trusted identities. Key focus areas include biometric authentication for mobile phones, laptops, security keys, logical access, vehicles, government biometric programs, as well as enterprise solutions for visitor management and biometric physical access.

Precise operates through two business units, Digital Identity and Biometric Technologies, and the company has offices in Sweden (HQ in Lund), the US, South Korea, Taiwan, and China. Precise is a public company listed on Nasdaq Stockholm (PREC). Learn more at www.precisebiometrics.com.

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Precise Biometrics publishes merger document regarding the merger with Fingerprint Cards