This is a copy of the presentation slides used in the H1 Webcast update for IDEX ASA on 13 August 2014.

1. ENABLING THE MASS MARKET FOR
SECURE ID
August 2014
Dr. Hemant Mardia, CEO
www.idex.no
1 13.08.2014

2. IDEX ASA AT A GLANCE
SmartFinger® sensors
SmartFinger® algorithms
SmartFinger® solutions
Fingerprint sensors for mass markets
Secure, convenient and user-friendly
personal ID
214 granted and Apple cross licence
HQ Oslo, Norway; Silicon Valley, Boston
and Far East offices with >40 FTE staff
Oslo Axess exchange, >1500 shareholders
Include INVESCO and World Wide Touch
PRODUCTS
VISION
STRONG PATENTS
GLOBAL OPERATION
PUBLIC LISTED
STRATEGIC INVESTORS
13.08.20142

3. • Addressing three attractive mass markets driven by rapid mobile adoption and payment
• One of three capacitive sensor vendors with established IP in a billion unit opportunity
• Unique strength in fundamental patents, differentiated sensors and Apple x-licence
• Highly competitive product roadmap with swipe, touch and unique sleek glass sensors
• Solid industrial partners provide competitive manufacture and major customer channels
• Experienced leadership team with strong commercialisation track record
• Attractive outlook - well funded, strong customer interest, commercialisation in 2H 2014
IDEX STRONG VALUE PROPOSITION
IDEX:
SMARTFINGER®
LOW COST ACCURATE & SECURE THIN & FLEXIBLE
3 13.08.2014

4. IDEX SENSORS ADDRESSING THREE MASS MARKETS GROWING
WITH MEGATRENDS
4
Supporting mega trends
• Password replacement
• Mobile payment
• Personalisation
• Access control
• Security
Cards ID
& smart
Internet of
Things (IOT)
Mobile
devices
4 13.08.2014

5. UET
5
SMARTPHONES RAPIDLY DOMINATING THE MOBILE DEVICE MARKET
• IDEX target billion unit non Apple mobile device market
‒ Others: large market dominated by growing Chinese OEMs
‒ New segment: Mobile payment driving tech titans to biometric devices (e.g. Google, PayPal, Amazon)
• IDEX strategy to leverage scale and cost into high value non mobile mass market: card/IOT
77
98
106
111
74898485
35
4451
34
31
20
17 16
135117
10
295
14
12
Q3 13 Q4 13 Q2 14
288
13
Q1 14
15
13
+23%
14
290
261
Q2 13
14
11
240
12 12
12
Huawei SamsungAppleLGOthers Lenovo
Units shipped by top smartphone vendors
Million units shipped
Source: IDC; Gartner
Top 10 mobile phone manufacturers in 2013
Million units shipped
614
(34%)
Others
69
(4%)
LG
Nokia
251
(14%)
TCL
50
(3%)
53
(3%)
Huawei
151
(8%) Apple
33
(2%)
60
(3%)
ZTE
Yulong
38
(2%)
Sony
444
(25%)
Samsung
45
(3%)
Lenovo
Total: 1 807.0
13.08.2014

6. RAPID ADOPTION OF FINGERPRINT SENSORS IN MOBILE DEVICES
TOWARDS A NEW MULTIBILLION DOLLAR MARKET
6
185
348
629
879
370
675
1257
1706
2014E 2015E 2016E 2017E
FP Sensors (non Apple) m units FP Sensors market $m
Forecast mobile devices with fingerprint sensors
Penetration rate of 50% 2017
Source: N+1Singer, IDEX January 2014
High touch screen penetration in mobile
catalysed by Apple in 2007
21%
15%
2% 3%
Notebook
12% 13%12%
Mobile phone
66%
77%
All-in-one
84%
50%
18%
2011 2013 20142012
+360%
• 2014: Flagship demand shifted from swipe to touch sensors for Apple like user experience
• 2015: Expect low/mid end smartphone penetration with low cost swipe sensors
Source: DisplaySearch, Macquire Research, June 2013
Now that Apple has shown the way, competitors are in a
race to enter the market with similar systems
IHS Press Release, November 2013
13.08.2014

7. IDEX IS ONE OF ONLY THREE INDEPENDENT VENDORS WITH CORE IP
IN MASS DEPLOYED CAPACITIVE FINGERPRINT SENSORS
7
Mobile Device
Providers
Semiconductor
Integrators
Sub-Module &
Packaging Integrators
Capacitive
Fingerprint Sensor
Component Vendors
Silicon ASIC
Semiconductor
Manufacturers
DreamTech
Sold to Synaptics
for $250M
Sold to Apple
for $350M
13.08.2014

8. 22 registered families
214 registered patents
8 pending families
41 pending patents
8
OEMs critically evaluating vendor patents
• IDEX owns strongest, core IP portfolio in
fingerprint sensing outside Apple
• Low cost sensing, algorithm, two part
sensors in any material, single chip sensors,
in glass implementations
• Patent landscape highly constrained due to
vendor consolidation
• Unique protection from cross-license with
AuthenTec/Apple: 8 US patents
• Apple strengthened the core ‘381- patent’
adding 118 claims after recent challenge
• Touch sensor IP expanded acquiring
Picofield patents 2013
IDEX OWNS UNIQUE IP IN CAPACITIVE FINGERPRINT SENSING
AND APPLE X-LICENCE SETTING HIGH BARRIER TO ENTRY
8 13.08.2014

9. PRODUCTS SWIPE
FIRST GENERATION
SILICON TOUCH
SECOND
GENERATION
FLEX TOUCH
FUTURE
UNIQUE GLASS
SWIPE & TOUCH
BEST IN CLASS
MOBILE
SENSORS
COMPETITIVE
ADVANTAGE
• Best in class
image and angle
• Large image from
small button
• Lowest cost (<$3)
• Small size needed
for mobile
• 3x iPhone 5S
capture increases
biometric security
• Disruptive cost
• Flexible form
factor
• Bezel free design
eases packaging
• Durable
• No loss of
performance
SAMPLING
• NOW • NOW • H1 2015 SWIPE: 2015
TARGET
IDEX DIFFERENTIATED ROADMAP LEVERAGES CORE PATENTS
TO OFFER A UNIQUE PRODUCT RANGE
9 13.08.2014

10. 10
IDEX TWO PART TOUCH SENSOR WILL PROVIDE A MAJOR COST
ADVANTAGE OVER THE LATEST SILICON SENSORS
4x
13.08.2014
Traditional touch
sensor Apple 5S sensor
First generation
mobile touch sensor
IDEX second
generation touch
• 12 x 18 mm
• Silicon (240mm2)
• USD ~30
• Too large and costly
for mobile
• 4.5 x 4.5 mm
• Silicon (>30mm2)
• USD 8+
• Image area small for
optimal recognition
• Costly sapphire cover
• Drive bezel needed
• 8 x 8 mm
• Silicon (80mm2)
• USD 6 – 8
• Optimised size and
lower cost for mobile
• Drive bezel and thick
coating needed
• 8 x 8 mm
• Polymer sensor
• Silicon IC <20 mm2
• >30% lower cost
• Sensor shape can be
rapidly adapted
• No drive bezel and thin
coating
Area
Sensor
ASP
Comment

11. • IDEX sampled first generation small touch and swipe sensors to over 10 consumer
device customers with CrucialTec partnership
‒ CrucialTec established fingerprint module vendor into mobile
‒ Samples supplied Selected for qualification in specific mobile programs
‒ First Design Win for touch sensor with an Asian Tier 2 OEM flagship phone
• Partnership with Cypress to deliver second-generation two-part touch sensors
‒ Cypress a leading semiconductor solution vendor to tier 1 mobile customers
‒ Lower price than silicon sensors being used today
‒ Combined development to achieve superior performance and security features
• Secured order with World Wide Touch for 300k units for mobile accessories
• Increased customer activity for secure card products for ID, access control and
payments. IDEX flexible sensor is ideal including CardTech order for initial customer
samples backed by a global tier 1 manufacturing partner
• Unique development to implement third-generation sensor family in glass
- Strong interest for sleek in-glass solution
- Industry first swipe demonstration at Mobile World Congress this year
- Inactive display area “soft button”
BROAD PROGRESS IN IDEX PRODUCT AND MARKET DEVELOPMENT
IN 2014 INCLUDING FIRST MOBILE FLAGSHIP DESIGN WIN
13.08.201411

12. SOLID INDUSTRY PARTNERSHIPS ENABLING COMPETITIVE SUPPLY CHAIN
12 13.08.2014
IP Licence
Silicon design and
algorithm
Silicon ASIC
Manufacture
Fingerprint Module
Manufacture
Assemble ASIC with
substrate
Sensor Substrate
Low cost flex/glass
Module supply
Customer sales
& application
support
Mobile device
IDEX monetises through IP licensing of algorithm & silicon and via
sales of sensor component for the mobile market
IDEX delivers complete sensor solutions for non mobile markets

13. Strategy Advisory Council
• Formerly CEO of AuthenTec Inc., leading supplier of fingerprint sensors, responsible for sale to Apple Inc. Successful
track record of growing private and public businesses.
• Chairman FIDO Alliance, Ex CISO PayPal, formerly VP Security American Express, highly influential in mobile security
EXPERIENCED LEADERSHIP TEAM WITH STRONG
COMMERCIALISATION TRACK RECORD
• CEO of IDEX since May 2013
• Track record of commercialising high technology growth businesses over 30 years.
• Formerly CEO of Filtronic Plc, a technology telecoms business listed on the London Stock Exchange (FTSE)
• Innovative technologies and products in multiple markets including semiconductors, mobile & aerospace
Hemant Mardia
CEO (PhD)
• Joined IDEX in 2006 as CTO and was also CEO in 2008-2013
• Expertise in nanotechnology/MEMs at SINTEF, the leading R&D institute in Norway.
• Holds international patents in the field of sensors and fingerprint technology. Ph.D. in semiconductor physics
Ralph Bernstein
CTO (PhD)
• CFO of IDEX since 1 August 2014
• Prior to joining, he was a Director at the private equity firm Herkules Capital and consultant at McKinsey
Henrik Knudtzon
CFO
• Formerly CEO at PicoField Technologies, Inc. a fingerprint sensor technology start up in Silicon Valley
• Veteran entrepreneur with operations, finance experience in developing leading technology based companies
Thar Casey
President - IDEX America
• Over 30 years of experience in the semiconductor technology and biometrics industries
• Founded Picofield Technologies in 2010 and developed a disruptive touch fingerprint Sensor technology.
• Founded Validity in 2002, patented world’s first off-chip flex swipe sensor. Acquired by Synaptics in 2013 $255M
Fred Benkley
CTO - IDEX America
Larry Ciaccia
Michael Barrett
13 13.08.2014

14. • $315M (1970MNOK) market capitalisation August 2014
• Opex $4.2M Q2 2014 (25.4MNOK)
• Cash balance Q2 2014 $48M (295 MNOK)
‒ $49M (300MNOK) Invesco funding
‒ $37M (225MNOK) Invesco warrants at 7.5NOK can
be exercised within 2 years
• Unique patent breadth & protection with Apple X licence
• Highly differentiated mass market product roadmap
• Low opex through fabless model and licensing to partners
to exploit multiple markets concurrently
• Strong balance sheet to support tier one partners
ATTRACTIVE INVESTMENT PROPOSITION
14
Inflection point for $ multibillion opportunity for biometrics
13.08.2014
IDEX ASA (NORWAY LISTING) SHARE PRICE (NOK)

15. 15
10
(60.5)
Cash balance
$M
(MNOK)
56
(342.5)
8
(46.5)
4.5
2.0
1.0
4.0
3.0
0.5
1.5
2.5
0.0
3.5
5.0
Quarterly OPEX run rate
$M (MNOK)
Q1 2014
0.7 (4.3)
Q2 2014
0.5 (3.1)
4.2 (25.0)
3.0 (17.7)
2.8 (17.0
3.5 (21.1)
3.2 (19.3)
0.7 (4.0)
0.6 (3.9)
0.4 (2.6)
2.1 (12.7)
Q4 2013
0.5 (2.7)
0.6 (3.8)
Q3 2013
0.8 (5.0)
3.9 (23.5)
4.9 (30.0)
Other
Sales and marketing
R&D
48
(294.7)
13.08.2014
STRONG CASH BALANCE SUSTAINING INCREASING ACTIVITY

16. • Devices with IDEX
1st generation
sensors to launch
H2 2014 for initial
revenues
• 2nd generation
developing with
Cypress for 2015
SECURE MARKET
TRACTION
Mobile
ATTRACTIVE OUTLOOK - STRONG CUSTOMER INTEREST AND
COMMERCIALIZATION OF PRODUCTS EXPECTED DURING H2 2014
• Integration &
launch in devices
mid 2014
• Several OEMs
sampling sensors
• Volume H2 2014
from WWTT order
INITIAL PRODUCT
SHIPMENTS
IOT/Peripheral
• Card prototypes
H2 2014 to OEMs
• First order
secured with
CardTech
• 2015 OEM
product launch
DEMONSTRATOR
PHASE
ID/Smart Cards
• Tier 1 partner
activity
• Global
recruitment
• Patent, ASIC, glass
& algorithm
investment
EXPANSION OF
STRATEGIC PARTNERS
Business
Operations
16 13.08.2014