MetaOptics Provides Guidance on the Conversion and Issuance Process of ADS

Singapore, November 2, 2026 / PRNewswire / -- MetaOptics Ltd ( Catalist : 9MT; OTCQX : MOTLY ) (hereinafter referred to as “ MetaOptics ” or “the Company”, and together with its subsidiaries, collectively referred to as “the Group”) is a leading semiconductor optics company. The Company mentioned in a press release issued on September 25, 2026, that it established a sponsor level ADR project (“ ADR project”) in the United States. Accordingly, American depository shares ( ADS ) will be traded on OTCQX.

The company stated that as the group continues to expand its business presence in the United States, the ADR project aims to broaden the company's reach to international investors and provide U.S. investors with more convenient channels to access and trade the company's securities. At the same time, it offers U.S. investors a platform to directly participate in the company's growth story. The company believes that as it moves forward to the next phase of commercialization and development, enhancing accessibility for U.S. investors will be particularly relevant.

In addition, the ADR project will also enable Singaporean investors to trade the company's shares around the clock through OTCQX as well as the company's local listing on the Singapore Exchange. The company intends to provide shareholders with step-by-step guidance on how to convert their existing shares, which are currently traded on the Keely Board of the Singapore Exchange Securities Trading Limited, into ADS shares that can be traded on the OTCQX platform. For frequently asked questions regarding the ADR project, please refer to: https :// metaoptics.sg / investor-relations / resources / investor-faqs.

To complete the conversion of existing shares and the issuance of ADS, shareholders need to follow the following procedures:

• Open a U.S. securities trading account
  Shareholders must first open a U.S. securities trading account with a brokerage firm that is capable of receiving ADS through the system of the American Depository Trust Company ( DTC ). Retail investors can contact brokerage firms including Interactive Brokers ( IBKR ) and E* TRADE .
• Notification to Singapore brokers
  After opening a securities trading account in the United States, shareholders should instruct their brokerage firm located in Singapore to handle the issuance application for ADS on their behalf.
• Complete the issuance application documents for ADS.
  Singaporean brokers are required to fill out and sign the ADS issuance application form on behalf of their shareholders. This document is commonly referred to as a transfer letter ( Letter of Transmittal ).
• Provide information for a U.S. securities trading account
  Shareholders' U.S. securities trading account information must be included in the transfer letter in order to complete the delivery after the issuance of ADS.
• Transfer of basic shares
  Upon completion of the document, the Singapore-based brokerage firm will arrange to transfer the existing shares of shareholders from CDP to the custodial account designated by Morgan (the depository bank for this ADR project).
• ADS Release and Delivery
  Once the existing shares are successfully deposited into the custodial accounts of J.P and Morgan, J.P and Morgan will issue the corresponding ADS and deliver it to the shareholders' U.S. securities trading accounts listed in the transfer letter through the DTC system.

Important Information

The company recommends that shareholders contact their Singapore-based brokers directly to initiate the conversion and the ADS issuance process. Investors who wish to learn more about conversion in OTCQX and/or issuance in ADS can visit https :// adr.com to view relevant tables and instructions. The settlement and operations team at J.P can also assist investors and/or their brokers; contact information is [ email protected ].

About MetaOptics Ltd

MetaOptics Ltd ( Catalist : 9MT; OTCQX : MOTLY ) is a leading semiconductor optics company that was among the first to develop metal lens solutions based on glass, combined with AI for enhanced image processing. The company utilizes advanced optical design and scalable 12-inch DUV lithography processes to support next-generation applications in CPO, mobile devices, AR / VR, automotive, and other emerging markets. Headquartered in Singapore, the company is committed to providing high-performance optical products that meet the reliability and scalability requirements of today's most innovative technology brands. For more information, please visit www.metaoptics.sg.

Singapore (Headquarters)

United States