Resolutions at the Precise Biometrics’ Annual General Meeting 2012

At the Annual General Meeting of Precise Biometrics, which was held today on
Tuesday April 24, it was resolved to authorize the board to increase the
company's share capital by way of new issue of shares and/or convertibles and to
adopt guidelines for remuneration to management.
ELECTION OF BOARD MEMBERS, CHAIRMAN OF THE BOARD AND AUDITOR
Torbjörn Clementz,
Eva Maria Matell, Lisa Thorsted and Lena Widin Klasén were re-elected as members
of the board, whilst Marc Chatel has declined re-election. Lisa Thorsted was
elected chairman of the board and Erwin Leichtle was elected as new member of
the board. Öhrlings PricewaterhouseCoopers AB was re-elected as the company’s
auditor, with authorised accountant Eva Carlsvi as auditor in charge.

The
Annual General Meeting also resolved that remuneration to the board shall be
given, as before, so that the chairman of the board receives SEK 210,000, the
other four board members that are not employed in the company receive
SEK 105,000 each and that the auditor's fees shall be paid as per
invoice.

DIVIDENDS
It was resolved that no dividends would be issued for the
financial year of 2011.

GUIDELINES FOR REMUNERATION TO MANAGEMENT
In
accordance with the proposal of the board, the Annual General Meeting resolved
to adopt guidelines for management principally entailing that remuneration and
terms of employment shall be competitive and in accordance with market
conditions, and that the remuneration shall have a pre-determined cap. The
variable remuneration shall amount to a maximum of 50 % of the fixed basic
salary for the Managing Director and 30 % of the fixed annual salary for other
management employees. The variable remuneration regarding employees in the US
shall amount to a maximum of 50 % of the fixed annual salary. Remuneration may
also be paid by way of warrants and other share-related incentive programs. At
termination of employment, a mutual notice period of 6 months shall be
applicable for the Managing Director and 3-6 months for other management
employees. Redundancy payment to the Managing Director may be paid by a maximum
of 12 monthly salaries if the employment is terminated by the company. Other
management employees shall not be entitled to redundancy payment. The retirement
age for all members of management shall be 65 years and the pension premium
shall be calculated based on age and salary and may amount to a maximum of 25 %
of the fixed salary. The resolution entails a level of remuneration principally
in accordance with that of the previous year.

AUTHORIZATION FOR THE BOARD TO
RESOLVE UPON NEW ISSUE OF SHARES AND/OR CONVERTIBLES
In accordance with the
proposal of the board, the Annual General Meeting resolved to authorize the
board to decide on issue of shares and/or convertible bonds. Such issue may
entail a deviation from the shareholders' preferential rights and also entail
that payment of the new shares and/or convertible bonds may be made in cash, by
consideration in kind or by right of set-off. The issue may result in an
aggregate increase in the share capital corresponding to the issue of a maximum
of 18,895,000 shares and/or convertible bonds to be converted into a maximum of
18,895,000 shares. Full exercise of the authorization, at full conversion, is
equivalent to a dilution of approximately 10 % of the present share capital and
votes. The purpose of the authorization and the reason for the deviation from
the shareholders’ preferential right is to enable the Company to effect payment
of company acquisitions by the Company’s own shares and/or convertibles and to
obtain capital contributions from new owners that are considered strategically
important in an operational, financial, structural or other
perspective.

Precise Biometrics AB (publ) may be required to disclose the
information provided herein pursuant to the Securities Markets Act. The
information was submitted for publication at 18.00 on April 24, 2012.
Lisa Thorsted, Chairman of the Board, Precise Biometrics AB
Telephone
45 42 42 46 56

Thomas Marschall, President and CEO, Precise Biometrics
AB
Tel. 46 (0)46 31 11 10 or 46 (0)734 35 11 10
E-mail
thomas.marschall@precisebiometrics.com
Precise Biometrics is a market-leading provider of solutions for fingerprint
recognition to prove people's identities. With top-of-the-line expertise in
fingerprint verification, Precise Biometrics offers fast, accurate and secure
authentication of a person.

The technology adds value to ID, enterprise and
bank cards as well as access to mobile solutions, computers and networks.
Precise Biometrics serves business and government organizations throughout the
world and its technology is licensed to close to 160 million users.

For more
information, please visit www.precisebiometrics.com