polight ASA: Exercise of options and sale of shares by primary insiders

Alf Henning Bekkevik, CFO has on 2 March 2021 exercised 12 778 share options and sold a corresponding amount of shares in poLight ASA. Each share option had an average strike price of NOK 22.14, and the shares were sold at an average price of NOK 130.88 per share. Following the exercise of the share options, Alf Henning Bekkevik will hold 3 379 shares and 32 861 options in the Company.

Pierre Craen, CTO has on 2 March 2021 exercised 14 711 share options and sold a corresponding amount of shares in poLight ASA. Each share option had an average strike price of NOK 42.01, and the shares were sold at an average price of NOK 130.88 per share. Following the exercise of the share options, Pierre Craen will hold 1 120 shares and 27 442 options in the Company.

Marianne Sandal, COO has on 2 March 2021 exercised 12 778 share options and sold a corresponding amount of shares in poLight ASA. Each share option had an average strike price of NOK 22.14, and the shares were sold at an average price of NOK 130.88 per share. Following the exercise of the share options, Marianne Sandal will hold 2 667 shares and 37 042 options in the Company.

For further details, please see the notification forms attached to this stock exchange notice.

The new shares will be issued based on an authorization to increase the share capital granted to the Board of Directors on 28 May 2020. The share issue is expected to be completed in March. The sale of shares following the exercise of the options have been made pursuant to a settlement structure allowing for a "cash-less" exercise for the option holders.

This information is subject to the disclosure requirements pursuant to Sections 4-2 and 5-12 of the Norwegian Securities Trading Act.