TØNSBERG, Norway – August 6, 2025 -- poLight ASA (OSE: PLT) today announced it has received a purchase order potentially worth approximately NOK 1,700,000 to supply TLens® plus driver to the Top Tier consumer OEM referred to in the press release dated 15 April 2025. The shipment will support a qualification program for a potential consumer product. The non-cancellable part of the purchase order is 50%, and the remaking is subject to program continuation.

"We see this as a very positive development and is an example of the intention behind the unnamed Top Tier consumer OEM mentioned in the strategic investment agreement. While there are several milestones to be passed before we can celebrate, this is positive progress,” said Dr. Øyvind Isaksen, CEO of poLight.

The first deliveries will occur in Q4-2025.

For 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

This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 17. The information was submitted for publication at 2025-08-06 09:24 CEST.

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 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 Tønsberg, Norway, with employees in Finland, France, UK, US, China, Taiwan, Japan, and the Philippines. For more information, please visit https://www.polight.com

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