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Regulatory press release

poLight ASA - share capital increase registered

poLight
Reference is made to the stock exchange announcement on 7 September 2023
regarding a decision by the Board of Directors of poLight ASA to increase the
share capital following exercise of share options. The share capital increase
has now been registered with the Norwegian Register of Business Enterprises. The
share capital has been increased with NOK 1,933.20 through issuance of 48,330
new shares, each with a par value of NOK 0.04. The new share capital is thus NOK
2,648,461.92 divided by 66,211,548 shares, each with a par value of NOK 0.04.

Further information from:

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

About poLight ASA

poLight ASA (OSE: PLT) offers a patented, proprietary tunable optics technology,
starting with its first product, TLens® which replicates "the human eye"
experience in autofocus cameras used in devices such as smartphones, wearables,
barcode scanners, 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 employees in Finland, France, UK, US, China, Taiwan, and
the Philippines. For more information, please visit https://www.polight.com
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