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Reference is made to previous announcements by poLight ASA (the "Company") regarding a subsequent offering of 116,396 new shares in the Company (the "Subsequent Offering" and the "Offer Shares"), each with a par value of NOK 0.20, and each Offer Share at a subscription price of NOK 110. Reference is furthermore made to the resolution by the general meeting of the Company on 26 May 2021 regarding an authorization to the board of directors of the Company to resolve certain share capital increases as registered in the Register of Business Enterprises on 19 July 2021 and  the subsequent resolution by the board of directors of the Company on 4 and 21 October 2021 regarding the share capital increase pertaining to the Subsequent Offering.

The share capital increase has now been registered with the Norwegian Register of Business Enterprises. The share capital has been increased with NOK 23 279.20 through issuance of 116 396 new shares, each with a par value of NOK 0.20. The new share capital is thus NOK 2 077 019.20 divided by 10 385 096 shares, each with a par value of NOK 0.20.

Further information from:

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