Mr. David Lazovsky reports

POET TECHNOLOGIES APPOINTS PETER CHARBONNEAU TO BOARD OF DIRECTORS AND GRANTS STOCK OPTIONS

Poet Technologies Inc. has appointed Peter Charbonneau to its board of directors. Mr. Charbonneau has also been appointed to the audit committee of the board of directors.

Mr. Charbonneau was a general partner at Skypoint Capital Corp. for almost 15 years, where he was jointly responsible for the placement of $100-million of capital in early-stage telecommunications and data communication companies. Prior to Skypoint, he held a number of executive and operational roles at various networking companies, including March Networks and Newbridge Networks, where he was president and chief operating officer. In 2000, representing Terence Matthews, he facilitated the purchase of the communications business systems division of Mitel Corp., which has operated as Mitel Networks since the acquisition.

Poet's executive chairman, David Lazovsky, commented: "Peter is an excellent addition to Poet's board with his unique combination of experience in venture capital and networking infrastructure. He brings expertise from both the telecom and datacom industries, spanning early-stage companies to billion-dollar enterprises. Peter is joining Poet at a pivotal period in the company's growth and development as we increase the number of engagements with potential strategic partners and customers. I believe Peter's experience and extensive network of contacts will allow him to contribute meaningfully toward our continued progress on the commercialization of Poet's integrated photonics technology."

Mr. Charbonneau currently serves on the board of directors at Mitel Networks, a leading global provider of cloud and on-site business communications and collaboration solutions, and Teradici Corp., the creator of PCoIP (personal computer over Internet protocol) protocol technology and cloud access software. He previously served as chairman of the board of trustees for the CBC Pension Board and a director on the board of the Canadian Broadcasting Corp., as well as many technology and networking companies, including March Networks Corp., Telus Corp., BreconRidge Manufacturing Solutions and Dragonwave Inc.

Mr. Charbonneau holds a bachelor of science from the University of Ottawa and a master of business administration from the University of Western Ontario. He is also a member and elected fellow of the Institute of Chartered Professional Accountants of Ontario and has received the ICDD designation from Institute of Corporate Directors of Canada.

Option grants

The board has approved a grant of 154,730 stock options to Mr. Charbonneau. The options are exercisable for 10 years at a price of 51.5 cents (40 U.S. cents), being the offering price allocated to the company's common shares in its public offering completed on March 21, 2018. The director's option vests quarterly in arrears over the following 12 months.

Additionally, the company granted incentive stock options under the company's stock option plan to certain members of the management team. These grants consist of the right to purchase up to an aggregate of 6.95 million common shares. The options vest over a period of four years commencing March 27, 2019, and quarterly thereafter. All of the options are exercisable at 51.5 cents (40 U.S. cents) per share. The options were granted subject to provisions of the company's stock option plan and are subject to the TSX Venture Exchange policies and applicable securities laws. For further details on the company's share capital, refer to the company's financial statements and management discussion and analysis for the period ended Sept. 30, 2017, which were filed on SEDAR on Nov. 13, 2017.

About Poet Technologies Inc.

Poet Technologies is a developer and manufacturer of optical light source products for the sensing and data communications markets. Poet is headquartered in Toronto, with operations in Silicon Valley, the United Kingdom and Singapore.

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