POET Technologies Inc.

Steve what I do remember is the effort to remove any association with Apple. As you know Suresh did address the question of the TRAB during a conference call and what the purpose was of the TRAB basically saying that it would not be discussed. Clearly the existence of any association with Apple should never have been publicly disclosed. In fact that same approach seems to have been carried on as they reported the dissolving of the TRAB.

Finally, as part of the announced realignment, Poet is formally dissolving the company's technology roadmap advisory board (TRAB), which was originally established specifically to monitor its critical lab to fab transition program. Poet management believes this oversight committee is no longer necessary following the addition of critical technologically-centered staff through both the DenseLight and BB Photonics acquisitions, as well as with recently hired new executives. The members of the TRAB will remain available to offer support and informal guidance to Poet's internal management committees.

Did anyone else find it strange that the VP of procurement for Apple would have been on a committee for the purpose of lab to fab transition? I don’t think that is Tony Blevins area of expertise. It is very conceivable that they just can’t talk about it for obvious reasons.

35:53 – Question: Thanks Subhash, and so finally our last question here is about the Technology Roadmap Advisory Board, or what we call the T-RAB. The question is: Can you please discuss the T-RAB? Can you elaborate what advice has been received from the T-RAB and how it relates to POET’s roadmap?

36:12 – Answer: So, on March 30th, 2015, the company announced the formation of the Technology Roadmap Advisory Board. So, as stated in the company’s press release at that time, the T-RAB is acting as advisors to the Board of Directors and the executive team. Their primary focus is on optimizing and accelerating this company’s lab-to-fab transition and commercialization plan. So, by its very nature, the work that the T-RAB does is, of course, internal, it’s sensitive and extremely confidential. I mean, they are helping us set our future strategy. The company has announced its current focus and plan and some of this is in fact reflective of the work and recommendations of the T-RAB. The T-RAB is also working on a number of downstream initiatives in addition to the immediate short-term goals of the company. We cannot comment on specific contributions or work by the T-RAB or its individual members until such time as material events transpire, which necessitates public disclosure. So, premature disclosure or speculation in this regard, at this point, would not be appropriate.

Mr. Tony Blevins serves as Vice President of Procurement of Apple Inc. Mr. Blevins served as Senior Director of Operations at Apple Inc. Mr. Blevins serves as a Member of Technology Roadmap Advisory Board at POET Technologies Inc.

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