poLight ASA – Retains Pareto Securities for potential share issue

Horten, 30 August 2021 - poLight ASA (OSE: PLT) (the "Company") has retained Pareto Securities AS to assist and advise on a potential share issue within the existing authorization of the Company's Board of Directors (the "Share Issue"). The Share Issue will be carried out to raise growth capital for the Company. The timing, structure and size of any Share Issue will be subject to, inter alia, prevailing market conditions and necessary corporate resolutions, and no assurance can be given that the Company will carry out any Share Issue.

More information about the Share Issue will be published in due course.

For additional information, please contact:

Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

About poLight ASA:

poLight offers a new autofocus lens which "replicates" the human eye for use in devices such as smartphones, wearables, barcode, machine vision systems and various medical equipment. poLight's TLens® enables better system performance and new user experiences due to benefits such as extremely fast focus, small footprint, no magnetic interference, low power consumption and constant field of view. poLight is based in Horten, Norway, with offices in Finland and China and representation in France, UK, USA, Taiwan, Korea and Japan. For more information, please visit https://www.polight.com.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.