Jörgen Lantto

At the Annual General Meeting (AGM) of Zwipe AS held May 22 2018, Jörgen Lantto was elected as the new Chairman of the Board of Directors, replacing Clas Thelin. In addition, Kim Humborstad, Dorian Barak, Francis van den Bosch, Johan Biehl and Dennis Jones were elected as new board members. Dorian Barak will replace Dr. Lui Ruopeng as board representative for the company’s largest shareholder, Kuang-Chi. Kim Humborstad will act as Deputy Chairman. Lars Windfeldt, Espen Tøndel and Weizi Huang were re-elected. The new board has substantial combined industry and financial experience and will support Zwipe and its leadership team’s execution of a sharpened strategy focused on commercial success and growth as it integrates its technology platform within the biometric payment cards market first and then into other verticals, services and form factors such as wearables and IoT devices. Together with an ecosystem of partners including global brands within security, financial services and IDs, Zwipe is on a mission of ‘Making Convenience Secure’ for a wide range of industries and technology form factors. Mr. Lantto has been a member of Zwipe’s Board of Directors since November 2016 and is a key strategic advisor working closely with the company’s management Newly elected Chairman and Board members: Jörgen Lantto Mr. Lantto has been a member of Zwipe’s Board of Directors since November 2016 and is a key strategic advisor working closely with the company’s management to shape the path Zwipe takes moving forward. He is the former CEO of Fingerprint Cards AB, one of Zwipe’s key partners supplying fingerprint sensors. At Fingerprint Cards he also served as CTO and head of strategy and product management. Mr. Lantto has also held a range of senior executive positions at global ICT company Ericsson. Kim Humborstad Kim Humborstad founded Zwipe in 2009 (then OrigoID) and worked as its CEO until February 2018, at which time he transitioned to a new role as Chief Growth Officer (CGO) at Zwipe. As CGO he is focused on identifying new business and technology integration platforms for Zwipe. Mr. Humborstad is the winner of several awards, including but not limited to FERD-award for highest international potential and FinTech award for innovation in payments. He holds a BS in Innovation and Entrepreneurship from Telemark University College. Dorian Barak is the CEO of Indigo Global, a capital advisory firm, and serves on the boards of directors of companies active in the technology, natural resources and aviation sectors Dorian Barak Mr. Barak is a seasoned private equity investor and fund manager. He is the CEO of Indigo Global, a capital advisory firm, and serves on the boards of directors of companies active in the technology, natural resources and aviation sectors. He is an Executive Director of Kuang-Chi Science Limited and chairs its international activities, which include investments in technology companies in North America, Europe and Israel. He was formerly MD and Head of International M&A at Israel’s largest financial group, attorney with Skadden Arps in New York and Consultant with The Boston Consulting Group (BCG). Mr. Barak holds a J.D. from Yale Law School, an M.A. from Oxford University and B.A. from UCLA. Francis Van den Bosch Francis Van den Bosch serves in several advisory and board roles with start-up companies in the field of technology for the retail banking and payments markets. During the first 15 years of his career he held a number of Sales and Marketing Management roles in the consumer banking sector of Citibank, covering both European and the US markets. He worked as general manager for MasterCard Europe, followed by a global CEO role to set up the global debit POS and ATM system Maestro. Afterwards he headed up a Brussels based company (MCE) that specialized in management development services to international companies. Mr. Biehl is the founder and CEO of Biehl Invest AB and has spent most of his time working as a private investor and trader Johan Biehl For the last seven years, Johan Biehl, founder and CEO of Biehl Invest AB, has spent most of his time working as a private investor and trader. In addition, he is a member of the board and Investment Manager at Feat Invest AB. Mr. Biehl is focused on small- and micro-cap investments and today has several investments in listed and unlisted companies predominantly in the tech industry. He also has prior experience as an equity research analyst with Remium Nordic AB covering micro-cap companies and has held several positions in B2B sales and sales management. Mr. Biehl holds a degree in finance from Stockholm University. Dennis Jones Mr. Jones is the former Chief Operating Officer of TSYS Issuer Solutions, a US-based global payment processing company, prior to which he was the Chairman of Paysafe PLC, a UK-based FTSE 250 global payments company. Mr. Jones holds extensive experience in the fintech, payments and payment processing sectors, having held Executive and Board positions in the UK as Chairman of MasterCard UK Ltd and various Executive roles with RBS and NatWest. He also has experience from the US as Director, President and CEO of RBS National Bank and as a Non-Executive Director of Argus Information Services and Kroger Personal Finance. In addition, Mr. Jones worked in China as an Executive Director of the credit card joint venture between RBS and the Bank of China. Following these changes, the new Board of Directors consists of the following members: Jørgen Lantto (chairman) Kim Humborstad (deputy chairman) Lars Windfeldt Espen Tøndel Weizi Huang Francis van den Bosch Johan Biehl Dorian Barak Dennis Jones

Jörgen Lantto was most recently the CEO of Fingerprint Cards AB Biometric tech company Zwipe is pleased to announce the appointment of its newest board member, Jörgen Lantto. Previous Experience Lantto was most recently the CEO of Fingerprint Cards AB, a Swedish high-tech company that designs and manufacturers biometric system solutions. Before that he also served as the company's CTO and Head of Strategy and Product Management. During his tenure, Fingerprint Cards grew from a small company to one of the largest companies on the Stockholm Stock Exchange, taking a strong position in the global market. Prior to Fingerprint Cards, he held a range of senior executive positions at global ICT company Ericsson. Jörgen Lantto commenting on the appointment said, “The decision to join Zwipe's board is rooted in my belief of Zwipe's technology allowing fingerprint recognition without batteries or fixed power supply. Seeing first-hand the commercial opportunities that exist for Zwipe in the biometrics market, I very much look forward to supporting the company through its next phase of development." Biometric Authentication Solutions "Zwipe is a biometric tech company that is focused on developing and commercializing secure, fast, and easy-to-use biometric authentication solutions in three key areas; payments, access control and government ID. Jörgen led Fingerprint Cards during a period of strong growth as the company's CEO. I expect that he will add experience, competence, and energy to the Zwipe board and provide excellent support to management team going forward," says Clas Thelin, Chairman of the Board of Zwipe, and adding, "His expansive mindset and network within the industry will certainly bring value to Zwipe as it commercializes its core platform of products." Lantto joins the board with immediate effect. The board now consists of the following members: Clas Thelin, Chairman of the Board Dr. Liu Ruopeng Carl-Fredrik Grøsland Weizi Huang Jörgen Lantto Johan Reinsli Espen Tøndel Lars F. Windfeldt