Polight ASA - Share Issue/Capital Change 2022

poLight ASA - resolution to increase the share capital

poLight ASA (the "Company") has a general share option scheme, whereby share

options in the Company are granted to all employees. The Company has received

notices of exercise of 4,667 share options, 4,000 of the share options hold an

exercise price of NOK 50 per option and 667 of the share options hold an

exercise price of NOK 33.75. The Board of Directors has today resolved a share

capital increase of NOK 933.40 through issuance of 4,667 new shares in order to

satisfy the Company's obligation to deliver shares following exercise of share

options. The new shares have been issued based on an authorization to increase

the share capital granted to the Board of Directors on 26 May 2021.

Further information from:

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 headquartered in Horten, Norway, with employees in Finland,

China, UK, USA, Russia, Taiwan, and representation in Korea and Japan. For more

information, please visit https://www.polight.com

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