Idex Biometrics Asa · OSL:IDEX

Idex Biometrics Asa — Q4 2024 Earnings Presentation

21 slides from Idex Biometrics Asa's earnings presentation, Feb 27, 2025

Slide 2: Disclaimer
Disclaimer This presentation includes forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. Such forward-looking information and statements are based on current expectations, estimates and projections about global economic c
Slide 3: Trusted identity for all by IDEX Biometrics
Trusted identity for all by IDEX Biometrics In an increasingly digitized society, identity protection is paramount and the costs for cyber security risks and incidents are quickly growing. Consumers are expecting seamless experiences and simplicity when they access systems, doors, identify themselve
Slide 4: IDEX Biometrics - at a glance
Euronext Oslo Bors IDEX Biometrics - at a glance Ticker: IDEX OUR COMPANY OUR MARKETS OUR SOLUTIONS World leading technology for biometric Payment Industry leading biometric sensor system fingerprint authentication card solutions Access High performance fingerprint biometric sensor Industry leading
Slide 5: Fourth quarter highlights
Fourth quarter highlights PAYMENTS ACCESS COMPANY IDEX Pay platform certification, Strong momentum for IDEX Access Reached targeted quarterly manufacturers can now undergo both operating run-rate of $2.4M Visa and Mastercard certifications US based DigAware placed order for biometric sensor solution
Slide 7: Financial summary fourth quarter of 2024
Financial summary fourth quarter of 2024 No product revenues in the quarter Cost cutting and streamlining of organisation Operating expenses* and workstreams ongoing (USD million) Operating expenses at USD 2.4 million (adj*) Non-cash impairment of goodwill USD 1.0 million Net loss of USD 2.1 million
Slide 8: Strategic restructuring
Strategic restructuring Operating cost (USD million) Restructuring and scalable operating model Quarterly operating expenses reduced by 66% since mid 2023 8,0 Customer-centric organization, focusing on execution of IDEX Pay and IDEX Access - 66% Capacity to grow sales within the current organization
Slide 10: IDEX Biometrics is positioned to capture a growing market
IDEX Biometrics is positioned to capture a growing market Biometric smart card market is expected to reach 37 million cards by 20281 IDEX expected to capture a Regulation and cyberthreats drive IDEX Access significant market share 1 demand; AuthenTrend Asia and Asia, USA globally, Sentry Card USA. c
Slide 11: IDEX has market-ready solutions for Payments and Access
IDEX has market-ready solutions for Payments and Access Biometric Biometric Biometric Sensor System Card Solutions Cards Sensor and biometric Full ready to manufacture card solutions Fully manufactured card, algorithm sold as a for manufacturers and partners taken to market via reseller system solut
Slide 12: Products coming to market based on the IDEX Access platform
Products coming to market based on the IDEX Access platform Authentrend Sentry DigAware ATKey Card - Smart card for digital Sentry Card - Multi-functional biometric DigAware - Biometric smart card with built access with key features such as digital card including FIDO2 (digital access) and in RFID a
Slide 13: AuthenTrend: Phishing-resistant biometrics solutions
AuthenTrend: Phishing-resistant biometrics solutions FIDO2/Passkey PKI/PIV Authentication Digital Business Physical access enabled services enabled services using standard Card using NDEF using ISO/IEC (e.g. Windows login, IAM, (e.g. Mac login, or NFC APDU for Java Applet 14443 Type-A web services a
Slide 14: Biometric cards with banks in major Asian markets
Biometric cards with banks in major Asian markets Japan India One of the largest payment markets in Asia More than 1 billion payment cards in circulation Credit cards the most popular alternative to cash – Consumers used to fingerprint authentication for 314 million cards issued public use LIFE CARD
Slide 15: The IDEX Biometrics scalable go-to-market model
The IDEX Biometrics scalable go-to-market model IDEX partners with smart card manufacturer, technology partner and integrator collaboration, in addition to a direct sales model, to reach global scale Biometric Sensor System Smart Card Banks End users Algorithm Manufacturers Public Sector/ globally C
Slide 17: Biometric cards addressing digital security concerns
Biometric cards addressing digital security concerns Digital First with Biometrics Biometric card could be issued without card number Your fingerprint has been Eliminates reissuance cost if mobile token is compromised registered! Assures that only the genuine cardholder can use the physical card Act
Slide 18: IDEX Biometrics is the industry leader in sensor technology and solutions
IDEX Biometrics is the industry leader in sensor technology and solutions Biometric Sensor designed for Usability Large sensing area and accelerated biometric processing enables fastest transaction times and flawless user experience Biometric Sensor designed for Security A unique security crypto-acc
Slide 19: IDEX Biometrics investment case
IDEX Biometrics investment case Attractive market trends - Cyber security & identity theft is an increasing problem for societies and companies worldwide - IDEX addresses two large and growing markets; payments and access (digital/physical) - Industry and regulators drive towards Multi Factor Authen
Slide 20: IDEX Biometrics offers seamless and scalable user experience
IDEX Biometrics offers seamless and scalable user experience Market growth enabled by manufacturers scaling IDEX Pay and IDEX Access biometric platform solutions Complete solutions Business transformation Focused portfolio strategy driving market adoption and cost optimization for growing opportunit
Slide 21: www.idexbiometrics.com
Contact: Marianne Bøe, Head of Investor Relations, +47 91800186 Kristian Flaten, CFO +47 95092322 ir@idexbiometrics.com www.idexbiometrics.com IDEX, TrustedBio, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their

IDEX Biometrics — Q4 2024 Earnings Presentation on 6ix

Idex Biometrics Asa — Q4 2024 Earnings Presentation

Slide 1: IDEX Biometrics ASA Fourth quarter 2024 Presentation

Slide 2: Disclaimer

Slide 3: Trusted identity for all by IDEX Biometrics

Slide 4: IDEX Biometrics - at a glance

Slide 5: Fourth quarter highlights

Slide 6: Q4 2024 Financial summary

Slide 7: Financial summary fourth quarter of 2024

Slide 8: Strategic restructuring

Slide 9: Q4 2024 Commercial update

Slide 10: IDEX Biometrics is positioned to capture a growing market

Slide 11: IDEX has market-ready solutions for Payments and Access

Slide 12: Products coming to market based on the IDEX Access platform

Slide 13: AuthenTrend: Phishing-resistant biometrics solutions

Slide 14: Biometric cards with banks in major Asian markets

Slide 15: The IDEX Biometrics scalable go-to-market model

Slide 16: Q4 2024 Summary

Slide 17: Biometric cards addressing digital security concerns

Slide 18: IDEX Biometrics is the industry leader in sensor technology and solutions

Slide 19: IDEX Biometrics investment case

Slide 20: IDEX Biometrics offers seamless and scalable user experience

Slide 21: www.idexbiometrics.com