PoLight Receives Another Follow-on Purchase Order from a Consumer OEM for AR|MR Use

poLight ASA

Tønsberg, Norway, 10 July, 2026 -- poLight ASA (OSE: PLT) today announced that
it has received another follow-on purchase order with a total value of
approximately NOK 0.8 million to supply TLens® to a consumer OEM for an AR|MR
application. This purchase order is a continuation for the same customer case
announced 7 April 2026.

| "Receiving another purchase order for this case is a positive sign. Our
| understanding is that the units ordered, and those units shipped lately,
| will potentially be used in the commercial product to be launched, and hence
| the recent progress appears promising and the overall risk profile seems to
| be improving. We now define this case as design-in." said Dr. Øyvind
| Isaksen, CEO of poLight ASA.

Delivery of this last purchase order is expected to be in Q4 2026.

This information is information that poLight ASA is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact persons set out above, at
2026-07-10 11:36 CEST.

For further information, please contact:
Dr Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

About poLight ASA
poLight ASA (listed on the Oslo Stock Exchange: 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 AR/MR glasses, smartphones, 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 Tønsberg, Norway, with employees
in Finland, France, UK, US, China, Taiwan, Japan and the Philippines. For more
information, please visit https://www.polight.com (https://www.polight.com/)

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