Reference is made to the share option program of poLight ASA (the "Company").
In an exercise window opened in connection with the publication of the Company's Q3 2026 results, option holders under the share option program have exercised 407,000 vested options with a strike price of NOK 3.20 per share, 513,647 vested options with a strike price of NOK 3.95 per share, 20,834 vested options with a strike price of NOK 4.33 per share and 4,166 vested options with a strike price of NOK 5.11 per share, in total 945,647 share options.
The exercised options will be settled by delivery of 945,647 new shares in the Company. To issue such new shares, the Company's board of directors has resolved to increase the Company's share capital by NOK 37,825.88 pursuant to the board authorization to increase the Company's share capital granted at the Company's annual general meeting held on 20 May 2026.
Following the registration of such share capital increase in the Norwegian Register of Business Enterprises, the Company will have a share capital of NOK 8,635,767.72 divided into 215,894,193 shares, each with a par value of NOK 0.04.
Primary insider Pierre Craen (CTO) has exercised 206,849 vested options. He has transferred his rights to receive 150,000 of the new shares following the exercise of options to DNB Carnegie in order to complete a joint sale of such number of shares. Please see the attached form of notification and public disclosure regarding options exercised by the primary insider.