POET Technologies

A business is presumed to be an integrated set of activities and assets capable of being conducted and managed for the purpose of providing a return in the form of dividends, lower costs, or economic benefits.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

The fair value of the share purchase warrants was estimated using the Black Scholes option pricing model with the following weighted average assumptions: dividend yield of 0%, risk free interest rate of 2.96%, volatility of 88.65%, and estimated life of 5 years.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

The fair value of the share purchase warrants was estimated using the Black Scholes option pricing model with the following weighted average assumptions: dividend yield of 0%, risk free interest rate of 3.1%, volatility of 88.65%, and estimated life of 5 years.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

The fair value of the share purchase warrants was estimated using the Black Scholes option pricing model with the following weighted average assumptions: dividend yield of 0%, risk free interest rate of 3.71%, volatility of 91.875%, and estimated life of 5 years.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

The fair value of the share purchase warrants was estimated using the Black Scholes option pricing model with the following weighted average assumptions: dividend yield of 0%, risk free interest rate of 3.15%, volatility of 121.36%, and estimated life of 3 years.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

Debt investments held with an objective to hold both assets in order to collect contractual cash flows which arise on specified dates that are solely principal and interest as well as selling the asset on the basis of fair value are measured at FVTOCI.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

This standard aims to improve how companies communicate in their financial statements, with a focus on information about financial performance in the statement of profit or loss, in particular additional defined subtotals, disclosures about management-defined performance measures and new principles for aggregation and disaggregation of information.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

The Company uses Level 2 fair value inputs to determine the value of its derivative warrant liability and Level 3 fair value inputs to determine the value of its loan receivable and investment due to the unobservable inputs, including assumptions relating to borrower financing outcomes, strategic transaction probabilities and conversion features.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

The combination of POET’s focus on leading-edge Optical Transceivers and Light Source products for next generation data center architectures essentially places POET in a leading position focused exclusively on AI Connectivity.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

In 2019, the Company decided to adopt a “fab light” strategy, common among semiconductor companies, and divested its fabrication operations through the sale of DenseLight in November of that year.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

2 During the second half of 2021, the Company transitioned to product development by investing in the design & development of 100G and 200G optical engines in several configurations, including customized designs for specific customers and applications.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed below: Critical accounting judgments and significant estimates and uncertainties Business combinations Acquisitions of businesses are accounted for using the acquisition method.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

Forward-Looking Statements This management discussion and analysis contains forward-looking statements that involve risks and uncertainties.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

For more information on the Company and the risks and challenges of its business, investors should ‎review the Company’s continuous disclosure documents that are available electronically on SEDAR+ at www.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

We believe that the rapid growth of software services, including large language models and agents, can only be sustained with hardware that meets the challenges of increasing speed and bandwidth, lower latency, lower power consumption, lower cost, and the ability to scale to the volumes that will be required by data centers globally.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

POET meets the challenge of AI connectivity in two ways: first, by providing to the makers of pluggable optical transceiver modules fully-integrated, chip-scale Optical Engines at speeds of 800Gbs (gigabits per second) and 1.6Tbs (terabits per second) and higher in industry-standard pluggable form factors.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026

Manufacturing To address the challenge of producing devices in the large quantities needed by customers in the high-volume data communications industry, and in keeping with our “fab-light” strategy, POET has entered into agreements with Globetronics Manufacturing, Sdn.

SEC original ↗POET Technologies — Earnings release (6-K exhibit)EX-99Aug 13, 2026