Status of number of POET shares

48,239,344 Issued as of April 8,2024

3,258,300 Financing 1 on  April 29,2024..........$10,000,000

3,448,225 Financing 2 on  April 29,2024..........$10,000,000

Expected share number upon closinng of financiings

54,945,869

Options and Warrants previously outstanding as per most recent prospectus

15,204,265.

Breakdown

7,285,907 with weighted average exercise price of warrants is CAD$1.79 .......$13,041,773

7,918,358 with weighted average exercise price of issued and outstanding options is CAD$4.82 (being repriced  lower as per news release)  $to be determined

Warrants attached to latest financings April 29,2024

6,706,525  exercisable at$4.26 .......................................$28,569,796

ATM

Unknown amount of shares sold via ATM as of April 30,2024 but latest filing with respect to initial $10,000,000 raise indicates  "cash on hand" which suggests some funds have been secured without identifying the source.

As at April 26, 2024, the Issuer has an existing working capital of $10,960,000 (US$8,000,000), with $13,152,000 (US$9,600,000) cash on hand. There are no finders’ fees or commissions associated with this Offering. Net of closing costs, the Issuer estimates that it will have $20,880,000 (US$15,240,000) ****Does not include 2nd $10,000,000 raised later in day April 29,2024

With no ATM shares sold and were all known options and warrants exercised the number of fully diluted shares would be

76,856,659