Tønsberg, 20 June 2025

Reference is made to the stock exchange announcement by poLight ASA ("poLight"
or the "Company") published on 19 June 2025 regarding the commencement of the
subscription period in the subsequent offering of a minimum of one and a maximum
of 19,122,933 new shares, at a subscription price of NOK 2.69 per share (the
"Subsequent Offering"). As part of this process, subscription rights have been
allocated to primary insiders and their close associates. In addition, the
Company has been informed that certain primary insiders and closely associated
companies have exercised their subscription rights and subscribed for new
shares, including by over-subscription in excess of their allocated subscription
rights.

Please see the attached forms for further details of the primary insiders' and
their closely associated companies' exercise of subscription rights and
subscription of shares in the Subsequent Offering.

This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.

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