An anonymous director reports

POET TECHNOLOGIES INC. INCREASES BOUGHT DEAL FINANCING TO C$12 MILLION

Poet Technologies Inc. has increased its previously announced bought deal financing to 21,818,000 units of the company. Cormark Securities Inc., on its own behalf and on behalf of a syndicate of underwriters, has agreed to buy and sell to the public an additional 7,272,500 units of the company at a price of 55 cents per unit for additional gross proceeds to the company of $3,999,875. Total gross proceeds of the offering are now $11,999,900. Closing is expected on or about March 21, 2018, and is subject to regulatory approval including that of the TSX Venture Exchange.

Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each full warrant shall entitle the holder to purchase one common share at a price equal to 75 cents for a period of 24 months following the closing of the offering.

The underwriter also has an option to purchase up to an additional 3,272,700 units at the offering price on the closing date for market stabilization purposes and price to cover overallotments for a period of 30 days after the date of closing.

The net proceeds of the offering will be used by the company for general corporate matters.

The units to be issued under this offering will be offered in accordance with the terms of a prospectus supplement to be filed in all provinces in Canada, except Quebec, and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended, and such other jurisdictions as may be agreed upon by the company and the underwriter.

About Poet Technologies Inc.

Poet Technologies is a developer and manufacturer of optical light source products for the sensing and data communications markets. Integration of optics and electronics is fundamental to increasing functional scaling and lowering the cost of current photonic solutions. Poet believes that its approach to both hybrid and monolithic integration of devices, utilizing a novel dielectric platform and proven advanced wafer-level packaging techniques enables substantial improvements in device cost, efficiency and performance. Optical engines based on this integrated approach have applications ranging from data centres, to consumer products, to military applications.

We seek Safe Harbor.