MetaOptics Ltd — Share Issue/Capital Change 2026

May 29, 2026

METAOPTICS LTD
(Company Registration No.: 419911)
(Incorporated in the Cayman Islands)

PROPOSED DUAL LISTING ON THE NASDAQ STOCK MARKET

• RECEIPT OF LISTING AND QUOTATION NOTICE FROM THE SGX-ST

1. INTRODUCTION

The Board of Directors (the "Board") of MetaOptics Ltd (the "Company", and together with its subsidiaries, the "Group") refers to (i) the Company's circular to shareholders ("Shareholders") dated 19 March 2026 ("Circular") and the Company's announcements dated 17 November 2025, 5 May 2026 and 19 May 2026 (the "Proposed Dual Listing Announcements") regarding, among other things, the proposed dual listing of the Company's securities on Nasdaq, which will be in the form of ADSs to be issued by the ADS Depositary (the "Proposed Nasdaq Dual Listing"); and (ii) the Company's announcement dated 10 April 2026 regarding the results of the Company's extraordinary general meeting (the "EGM") held on the same day, whereby the Company's Shareholders approved the resolutions in relation to the aforementioned matters.

Unless otherwise defined, all defined terms used in this announcement shall have the same meaning ascribed thereto in the Circular and the Proposed Dual Listing Announcements.

2. LISTING AND QUOTATION NOTICE

The Board is pleased to announce that the Company has, on 28 May 2026, received the listing and quotation notice (the "LQN") from the SGX-ST for the listing and quotation of up to 121,324,130 new ordinary Shares (the "New Shares") in the capital of the Company to be issued at an issue price to be determined pursuant to the Proposed Nasdaq Dual Listing and the Proposed Underlying Shares Issue (the "Issue"), subject to:

(a) the Company's compliance with the SGX-ST's listing requirements; and
(b) the New Shares being placed out by 31 July 2026.

The LQN granted by the SGX-ST for the listing and quotation of the New Shares is not to be taken as an indication of the merits of the Issue, the New Shares, the Company, its subsidiaries and their securities.

3. FURTHER ANNOUNCEMENTS

The Company shall continue to keep its Shareholders updated and release announcements relating to the Proposed Nasdaq Dual Listing (including upon the allotment and issue of the New Shares) as may be appropriate from time to time.

By Order of the Board

Thng Chong Kim
Executive Chairman
29 May 2026

For more information, please contact the Company:
Email: ir@metaoptics.sg

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This announcement has been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Goh Mei Xian, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone: (65) 6636 4201.

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