Mr. Thomas Mika reports

POET TECHNOLOGIES ANNOUNCES INTENTION TO VOLUNTARILY DELIST FROM THE TSXV

Poet Technologies Inc.'s board of directors has approved the voluntary delisting of Poet's common shares from the TSX Venture Exchange. The company intends to submit an application to the TSX-V to complete such delisting in due course. Upon submission of the company's application, the delisting will be subject to the approval of the TSX-V and the satisfaction of all necessary conditions. Poet's shares will continue to be listed on the Nasdaq Capital Market under the symbol POET and shareholders will be able to continue to trade their shares through Nasdaq.

Trading on Nasdaq represents the vast majority of the company's trading volume. Given the low trading volume on the TSX-V, the company has determined, after due consideration, that maintaining the TSX-V listing does not form part of the company's go-forward capital market strategy. The company is not required to seek securityholder approval for the delisting since an alternative market for Poet's shares exists on Nasdaq.

Poet will remain a reporting issuer in Canada and will continue to provide regular comprehensive disclosure pursuant to applicable Canadian securities laws. Additional information regarding the company's delisting application will be disseminated in due course.

Many brokers in Canada, including discount and on-line brokers, have the ability to buy and sell securities listed on Nasdaq. Shareholders holding Poet's shares in Canadian brokerage accounts should contact their brokers to confirm how to trade their shares on Nasdaq.

About Poet Technologies Inc.

Poet is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence system market and to hyperscale data centres. Poet's photonic integration solutions are based on the Poet optical interposer, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. Poet's optical interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centres, Poet has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Poet's optical interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained edge computing applications and sensing applications, such as lidar systems for autonomous vehicles. Poet is headquartered in Toronto, Canada, with operations in Allentown, Penn., Shenzhen, China, and Singapore.

We seek Safe Harbor.