polight ASA: SHARE CAPITAL INCREASE REGISTERED

Reference is made to the private placement of 1,136,363 new shares, as announced on 13 September 2021 (the "Private Placement"). The share capital increase relating to the Private Placement has now been registered with the Norwegian Register of Business Enterprises. The share capital has been increased with NOK 227,272.60 through issuance of 1,136,363 new shares, each with a par value of NOK 0.20. The new share capital is thus NOK 2,052,912.60 divided by 10,264,563 shares, each with a par value of NOK 0.20. This information is subject to the disclosure requirements pursuant to Section 5 -12 of the Norwegian Securities Trading Act.

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