Polight ASA - Capital/Financing Update 2020

poLight ASA: Key information relating to subsequent offering to be carried out by poLight ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR

INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER

JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE

UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE

SECURITIES DESCRIBED HEREIN.

(Oslo, 16 April 2020) Reference is made to the stock exchange notice from

poLight ASA (the "Company") on 16 April 2020, regarding a private placement of

approximately NOK 40 million in the Company (the "Private Placement") and a

subsequent offering of up to approximately NOK 10 million at the same

subscription price as in the Private Placement (the "Subsequent Offering").

Date on which the terms and conditions of the Subsequent Offering were

announced: 16 April 2020

Last day including right: 16 April 2020

Ex-date: 17 April 2020

Record date: 20 April 2020

Maximum number of new shares: 181,818 new shares

Subscription price: NOK 55 per share

Other information: The Subsequent Offering is subject to the publication of a

prospectus. Notwithstanding the foregoing, the board of directors may, in its

sole discretion, decide that the Company shall not carry out the Subsequent

Offering. This information is published in accordance with the requirements of

the Continuing Obligations.

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

For additional information, please contact:

Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

About poLight ASA

poLight offers a new autofocus lens which "replicates" the human eye for use

in devices such as smartphones, wearables, barcode, 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 Horten, Norway, with offices in Finland, France and

China and representation in Taiwan and Korea. For more information, please

visit https://www.polight.com

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