poLight ASA: Registration of new share capital

Tønsberg, 7 July 2025

Reference is made to the announcement by poLight ASA (the "Company" or
"poLight") on 27 June 2025 regarding the final result of the subsequent
offering, where a total of 19,122,933 new shares were subscribed and allocated
at a subscription price of NOK 2.69 per share.

The share capital increase pertaining to the subsequent offering has today
been registered with the Norwegian Register of Business Enterprises (Nw.:
Foretaksregisteret). The Company's registered share capital is NOK 8,499,506
divided into 212,487,650 shares, each with a nominal value of NOK 0.04.

The new shares will be issued in the Norwegian Central Securities Depository
(ES-OSL) on the listed ISIN NO 0012535832 and are expected to be delivered to
the respective subscribers' ES-OSL accounts on or about 9 July 2025.

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2025-07-07 11:27 CEST.

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
(https://www.polight.com/)