NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, HONG KONG,
SOUTH AFRICA OR IN ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER
TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION,
INCLUDING THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, HONG KONG OR SOUTH
AFRICA.

Reference is made to the stock exchange notice published on 27 November 2025
regarding a potential block sale of existing shares (the "Offering") in
poLight ASA (the "Company") by Investinor Direkte AS (the "Seller").
 
The Seller has successfully sold 14,149,715 shares in the Company (the "Offer
Shares"), which is equal to approx. 6.7% of the Company's shares outstanding,
at a price of NOK 6.50 per Offer Share, generating total gross proceeds of
approx. NOK 92 million.
 
Following completion of the Offering, the Seller holds no shares in the
Company. The Seller's shareholding in the Company has thus, through the
Offering, fallen below the 5% disclosure threshold.
 
The notification of allocation in the Offering is expected to be communicated
on or about 28 November 2025 (T) before 09:00 CET. The settlement in the
Offering is expected to take place on or about 2 December 2025 on a delivery
versus payment basis (normal DVP T+2). The Offer Shares will be tradeable on
Euronext Oslo Børs (main regulated list on the Oslo Stock Exchange) from T.
 
The Seller will receive the net proceeds from the Offering. The Company will
not receive any proceeds from the Offering.
 
Pareto Securities AS acted as manager in the Offering (the "Manager").
 
Important notices:
 
This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. The
distribution of this announcement and other information may be restricted by
law in certain jurisdictions. Copies of this announcement are not being made
and may not be distributed or sent into any jurisdiction in which such
distribution would be unlawful or would require registration or other
measures. Persons into whose possession this announcement or such other
information should come are required to inform themselves about and to observe
any such restrictions.
 
The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and accordingly may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act and in accordance with applicable U.S. state securities
laws. The Company does not intend to register any part of the offering or its
securities in the United States or to conduct a public offering of securities
in the United States.
 
In any EEA Member State, this communication is only addressed to and is only
directed at qualified investors in that Member State within the meaning of the
Prospectus Regulation, i.e., only to investors who can receive the offer
without an approved prospectus in such EEA Member State. The expression
"Prospectus Regulation" means Regulation (EU) 2017/1129 as amended together
with any applicable implementing measures in any Member State.
 
This communication is only being distributed to and is only directed at
persons in the United Kingdom that are "qualified investors" within the
meaning of the Prospectus Regulation as it forms part of English law by virtue
of the European Union (Withdrawal) Act 2018 and that are (i) investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or
(ii) high net worth entities, and other persons to whom this announcement may
lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order
(all such persons together being referred to as "relevant persons"). This
communication must not be acted on or relied on by persons who are not
relevant persons. Any investment or investment activity to which this
communication relates is available only for relevant persons and will be
engaged in only with relevant persons. Persons distributing this communication
must satisfy themselves that it is lawful to do so.
 
Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect",
"anticipate", "strategy", "intends", "estimate", "will", "may", "continue",
"should" and similar expressions. The forward-looking statements in this
release are based upon various assumptions, many of which are based, in turn,
upon further assumptions. Although the Seller believes that these assumptions
were reasonable when made, these assumptions are inherently subject to
significant known and unknown risks, uncertainties, contingencies and other
important factors which are difficult or impossible to predict and are beyond
their control.
 
By their nature, forward-looking statements are subject to numerous factors,
risks and uncertainties that could cause actual outcomes and results to be
materially different from those projected. Readers are cautioned not to place
undue reliance on these forward-looking statements. Except for any ongoing
obligation to disclose material information as required by the applicable law,
the Seller does not have any intention or obligation to publicly update or
revise any forward-looking statements after they distributes this
announcement, whether to reflect any future events or circumstances or
otherwise.
 
Neither the Manager nor any of its respective affiliates make any
representation as to the accuracy or completeness of this announcement and
none of them accepts any responsibility for the contents of this announcement
or any matters referred to herein.
 
The Manager is acting for the Seller only in connection with the Offering and
no one else, and will not be responsible to anyone other than the Seller for
providing the protections offered to clients nor for providing advice in
relation to the Offering, the contents of this announcement or any
transaction, arrangement or other matter referred to in this announcement.
 
This announcement is for information purposes only and is not to be relied
upon in substitution for the exercise of independent judgment. It is not
intended as investment advice and under no circumstances is it to be used or
considered as an offer to sell, or a solicitation of an offer to buy any
securities or a recommendation to buy or sell any securities in the Company.
Neither the Manager nor any of its respective affiliates accepts any liability
arising from the use of this announcement.

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication, through the
agency of the contact persons set out above, at 2025-11-27 22:25 CET.