poLight ASA: Notifiable transaction in connection with share option exercises

poLight ASA (the "Company") has a general share option scheme, whereby share options in the Company are granted to all employees. The Company has further an agreement with Pareto Securities AS (the "Manager") to facilitate a sale of shares for those that choose to exercise and sell shares to be issued pursuant to the exercised options. This solution is facilitated by a share lending agreement entered into with the Manager and Investinor Direkte AS, a close associate of Ann-Tove Kongsnes, Chair of the Board of Directors (the "Share Lender"). 5 employees have notified the Company that they wish to exercise, of which 4 employees have decided to sell its shares, and the Manager has consequently entered into a share lending agreement with the Share Lender in the amount of 3,749 shares.

Further information about the transaction is set out in the attached form.

For further 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, US, Taiwan, Korea and Japan. For more information, please visit https://www.polight.com

This information is subject to the disclosure requirements in the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.