poLight ASA: Mandatory notification of trade

Tønsberg, 20 June 2025

Reference is made to the stock exchange announcement by poLight ASA ("poLight" or the "Company") published on 19 June 2025 regarding the commencement of the subscription period in the subsequent offering of a minimum of one and a maximum of 19,122,933 new shares, at a subscription price of NOK 2.69 per share (the "Subsequent Offering"). As part of this process, subscription rights have been allocated to primary insiders and their close associates. In addition, the Company has been informed that certain primary insiders and closely associated companies have exercised their subscription rights and subscribed for new shares, including by over-subscription in excess of their allocated subscription rights.

Please see the attached forms for further details of the primary insiders' and their closely associated companies' exercise of subscription rights and subscription of shares in the Subsequent Offering.

This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

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

Joakim Hines Bredahl, CFO, poLight ASA: +47 97 52 17 31

About poLight ASA

poLight ASA (listed on the Oslo Stock Exchange: PLT) offers a patented, proprietary tunable optics technology, starting with its first product, TLens® which replicates "the human eye" experience in autofocus cameras used in devices such as smartphones, wearables, barcode scanners, 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 Tønsberg, Norway, with employees in Finland, France, UK, US, China, Taiwan, Japan, and the Philippines. For more information, please visit https://www.polight.com