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Regulatory press release

PLT: poLight ASA to Highlight Tunable Optics Products for Industrial, Machine Vision and Robotics Applications at Automate 2026

poLight
TØNSBERG, Norway -- May 21, 2026 -- poLight ASA
(https://www.polight.com/home/default.aspx) (OSE: PLT) will highlight the
company's MLens® and TLens® tunable optics products at the Automate 2026
(https://www.automateshow.com/) show, June 22-25 in Chicago, Illinois.
Featuring solutions for industrial, machine vision, and robotics, poLight
continues to solve OEM design challenges and meet AI-driven imaging
requirements. The poLight team invites you to meet with its experts in booth
10022 North Hall or contact info@polight.com to schedule a meeting.

Yole Group estimates the industrial machine vision market to reach USD $7.8
billion with a CAGR of 2.1 percent by 2029. The analyst firm also projects
that the global humanoid robot market will reach USD $51 billion by 2035, with
a CAGR of 55%. All three applications require advanced, AI-driven imaging
requirements combined with ultrafast, ultralow power consuming, and robust
autofocus lens.

"We continue to see positive momentum in the industrial and machine vision
market, ranging from handheld barcode scanning to automated manufacturing scan
engines," said Dr. Øyvind Isaksen, CEO of poLight ASA. "Robotics is also
presenting some interesting use cases which would benefit from our tunable
optics. Automate 2026 gives us the opportunity to highlight our products as
well as our MLens® ecosystem partners."

Tunable Optics Accommodate Imaging Scenarios
poLight offers a variety of TLens® options, the new OTS portfolio of MLens®
products, and an ecosystem of software and development platform collaborators
to dramatically ease the design challenges facing our customers.

+-------------------------+------------------+-------------------------------+
| MLens® OTS Portfolio | MLens® Support | TLens® Autofocus |
| | and Ecosystem | |
| | | |
+-------------------------+------------------+-------------------------------+
| - Ultrafast | - TLens® EVK and | - Ultrafast focusing |
| | driver board | |
+-------------------------+------------------+-------------------------------+
| - Low power consumption | - Sunex camera | - High accuracy |
| | lens | |
+-------------------------+------------------+-------------------------------+
| - Variety of sensor | - IQL-based | - Small size |
| sizes | Raspberry Pi | |
+-------------------------+------------------+-------------------------------+
| - Variety of focal | - DigiKey | - Acceleration/vibration |
| lenghts | platform | insensitive |
+-------------------------+------------------+-------------------------------+
| - Constant FOV | | - Ultra-low power consumption |
| | | |
+-------------------------+------------------+-------------------------------+
| - Visible, NIR, | Platforms | - Highly robust |
| monochromatic | | |
+-------------------------+------------------+-------------------------------+
| - Interchangeable | - Leopard IMX900 | - Available in bare or |
| lenses | | packaged lens |
+-------------------------+------------------+-------------------------------+
| - Temperature sensor | - USB/UVC Camera | - Add-in or Add-on options |
+-------------------------+------------------+-------------------------------+
| - Driver IC included | - Variety of | |
| | processor | |
| | platforms | |
+-------------------------+------------------+-------------------------------+

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/)
and the Philippines. For more\
information\, please visit https://www.polight.com (https://www.polight.com/)\