Polight ASA

AGM Information • Apr 29, 2025

Notice of Ordinary General Meeting of poLight ASA

Notice of Ordinary General Meeting of poLight ASA

The shareholders of poLight ASA ("poLight" or the "Company") are hereby summoned

to the annual general meeting on Wednesday 21 May 2025 at 12.30 hours (CEST),

which will take place at the company's premises at Kjelleveien 21A, 3125

Tønsberg.

The notice to the annual general meeting together with the attendance and proxy

forms, is attached hereto. Please also find attached the board of directors'

remuneration report for salary and other remuneration for leading persons and

the recommendation by the nomination committee. The annual report for 2024 was

published today and is available on the Company's website. The notice and

attendance and proxy forms will be posted electronically or by post to all

shareholders. Notice of the annual general meeting and related documents are

also made available at www.polight.com.

Reference is made to the stock exchange announcement by poLight on 15 April

2025, in which the Company announced the strategic investment agreement with Q

Technology (Group) Company Limited ("Q Tech"), regulating the directed share

issue of 63,743,112 shares towards Q Tech (the "Private Placement"), and the

potential subsequent offering of 19,122,933 new shares (the "Subsequent

Offering") directed at eligible shareholders in the Company as of 15 April 2025

(as registered in the VPS on 22 April 2025). In order to carry out the share

issue for both the Private Placement and Subsequent Offering, the board of

directors has proposed that the annual general meeting resolves several matters

related to the Private Placement and Subsequent Offering, i.e., (i) approval of

the share issuance to Q Tech, (ii) appointment of Q Tech's nominated to

poLight's board of directors, (iii) authorisation to the board of directors to

increase the Company's share capital in connection with the Subsequent Offering,

and (iv) certain amendments to the Company's articles of association.

2024-04-29 poLight ASA - Innkalling til ordinær generalforsamling

2025.pdf (https://mb.cision.com/Public/14821/4142496/aadda4395112fff0.pdf)

2024-04-29 poLight ASA - Notice of ordinary general meeting

2025.pdf (https://mb.cision.com/Public/14821/4142496/b8c064578ec3d408.pdf)

2025-04-29 poLight ASA - Nomination Committee

recommendation.pdf (https://mb.cision.com/Public/14821/4142496/95387bf1acd550dc.p

df)

poLight Remuneration Report

2024.pdf (https://mb.cision.com/Public/14821/4142496/a187dba50ed75d39.pdf)

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 (OSE: PLT) offers patented, state-of-the-art tunable optics

technology, leveraging its proprietary polymer and piezo MEMS technology.

Founded in 2005, its first product TLens® replicates "the human eye" experience

in autofocus cameras used in applications such as AR/MR devices, smartphones,

wearables, webcams and other consumer devices, industrial barcode scanners and

machine vision systems, and healthcare applications. With over 160 granted

patents, poLight's technology delivers extremely fast focus, small

footprint, ultra-low power consumption, no magnetic interference, and constant

field of view, enabling better imaging system performance and new user

experiences compared to alternative technologies.  poLight is based in Tønsberg,

Norway, with employees in Finland, France, UK, US, China, Taiwan, the

Philippines and Japan. For more information, please visit

https://www.polight.com.