Notice of Ordinary General Meeting of poLight ASA

29 Apr 2025 18:28 CEST

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.

More information:
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644767_2024_04_29_poLight_ASA_Notice_of_ordinary_general_meeting_2025.pdf
644767_2024_04_29_poLight_ASA_Innkalling_til_ordinar_generalforsamling_2025.pdf
644767_2025_04_29_poLight_ASA_Nomination_Committee_recommendation.pdf
644767_poLight_Remuneration_Report_2024.pdf