LightPath Technologies : H.C. Wainwright and Microcap Rodeo conferences, May 2022

Investor Presentation

May 2022

GLOBAL LEADER

OPTICS & INFRARED SOLUTIONS

Safe Harbor Statement

This presentation contains "forward-looking" statements that are based on our beliefs and assumptions and on information currently available to us. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, product development plans, competitive position, potential growth opportunities, the effects of competition and the expected effects on the Company's business from the COVID- 19 pandemic. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as "anticipate," "believe," "could," "seek," "estimate," "intend," "may," "plan," "potential," "predict," "project," "should," "will," "would" or similar expressions and the negatives of those terms.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements represent our beliefs and assumptions only as of the date of this presentation. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

This presentation includes certain non-GAAP financial measures as defined by the SEC rules. We believe these non-GAAP financial measures are appropriate indicators to assist in the evaluation of our operating performance on a period-to-period basis. We have provided a reconciliation of those measures to the most directly comparable GAAP measures, which is available in this presentation.

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About LightPath

LightPath is a fully integrated optical solutions provider advancing the incorporation of custom optics within tomorrow's technology.

Infrared Imaging

	Precision
Specialty	Molded
Products	Optics
	(PMO)

Positioned to be the domain expert in the exponentially

growing field of Optics and Photonics

NASDAQ: LPTH

Share Price1	$1.62
Market Cap1	$44M
FY 2021 Revenue	$38.5M
Backlog2	$19.7M
Shares	27.0M
Outstanding
Float	23.2M
Insider Holdings	20.4%
Employees	~350
Headquarters	Orlando, FL

1. As of May 13, 2022
2. At March 31, 2022

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Infrared Imaging

• Growing market and changing technology
• Less competition - Existing Engineered Solutions are distributed between multiple companies
• Had been primarily serving the defense industry, supply chain has not consolidated
• Molding technology is a key element in the future of this segment
• A current strength of LightPath
• Higher margins

Exclusive License for Infrared Materials

from Naval Research Lab (NRL)

for 9 new materials designed specifically for multiband imaging.

Prevailing Technology	New Technology
Multi-aperture	Common Aperture
sensor payload	Multiband Camera
Needs 3 cameras to capture	3 Cameras become 1 or 2,
images under different	reducing weight, size, power
conditions (day, night, fog, etc.)	consumption and cost!

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Infrared Imaging

LiDAR

Rising adoption of LiDAR technology and Advanced Driver Assistance Systems (ADAS) to benefit public safety and security

LiDAR

• Emergency Braking
• Pedestrian Detection
• Collision Avoidance

Cameras

• Traffic Sign Recognition
• Lane Departure Warning
• Park Assist
• Surround View

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