poLight ASA - Enters Into Strategic Investment Agreement with Q Technology Group Backed by U.S. Top Tier Consumer Electronics OEM

TØNSBERG, Norway – 15 April 2025 -- poLight ASA  ("poLight" or the "Company", OSE: PLT) today announced that the Company has entered into a strategic investment agreement (the "Investment Agreement") with Q Technology (Group) Company Limited ("Q Tech"), a leading manufacturer of camera modules for global companies. Pursuant to the Investment Agreement, the Company will issue 63,743,112 new shares to Q Tech at a subscription price of NOK 2.69 per share, raising total gross proceeds of NOK 171,468,971.28 (the "Private Placement"). The issuance will