poLight ASA: Primary Insider Notification – Redelivery of Shares

Reference is made to the stock exchange notice from poLight ASA (the "Company") on 13 September regarding the successful completion of a private placement raising gross proceeds of approximately NOK 125 million (the "Private Placement") through issuance of new shares (the "Offer Shares") in the Company and the primary insider notification on 14 September 2021 regarding, a share lending agreement between Investinor Direkte AS (as "Share Lender") and Pareto Securities AS (as "Lending Manager").

The Lending Manager has now returned all 1,136,363 borrowed shares to the Share Lender. The Share Lender is a close associate of Ann-Tove Kongsnes, Chair of the Board of Directors.

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