Portfolio Company Update – Innovative Eyewear Inc

Tekcapital Plc (AIM: TEK), the UK intellectual property investment group, notes that its portfolio company Innovative Eyewear, Inc. (“Innovative Eyewear”) (NASDAQ: LUCY; LUCYW), the developer and manufacturer of smart eyewear under the Lucyd®, Lucyd Armor®, Reebok®, Eddie Bauer® and Nautica® brands, has announced that its Reebok sport smart eyewear collection has been named one of TIME’s Best Inventions of 2026.

Reebok Smart Eyewear Powered by Lucyd.

Image courtesy Innovative Eyewear, Inc.

The Reebok sport smartglass collection from Lucyd is a lineup of ten styles of smart eyewear designed with the outdoor athlete in mind. Innovative Eyewear highlights the following notable features of the collection:

It is the first Lucyd collection to use a comprehensive new audio system built with cutting-edge speaker components, designed to be loud and clear enough for the gym or a run on a windy day.

Adjustable, rubberised nosepieces and ear grips minimise slippage.

Connection to the Lucyd app provides Walkie-talkie features for team sports or for connecting with a running group or trainer.

Stylish lens vents help prevent fogging.

Polarised and light-adaptive models are available.

All versions of the Nitrous model are fully prescription adaptable.

Harrison Gross, CEO of Innovative Eyewear, said: “We were pleasantly surprised to receive another major design award so soon after acquiring our first Red Dot for Lucyd Armor. TIME’s Best Inventions awards are a strong indication of product-market fit and design quality. It’s a testament to the world-class team we have built at the Company, which is punching well above its weight when it comes to producing world-class smart eyewear. We think this speaks to the incredible ability and dedication of our team. To put it bluntly, if you are in the eyewear or electronics business today, you should be carrying Lucyd products.”

View the award here. The Reebok collection is available now at www.lucyd.co, with or without prescription.

About Innovative Eyewear Inc.

Innovative Eyewear is a developer and manufacturer of AI-enabled smart eyewear under the Lucyd®, Lucyd Armor®, Nautica®, Eddie Bauer® and Reebok® brands. True to its mission to Upgrade Your Eyewear®, its Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives and are offered in hundreds of frame and lens combinations to meet the needs of the optical, sunglass, sporting goods and safety eyewear markets. To learn more and explore its continuously evolving collection of smart eyewear, please visit www.lucyd.co.

Clifford M. Gross, Ph.D.

Matthew Johnson/Charlie Bouverat (Corporate Finance)/Abigail Wayne / Rob Rees (Corporate Broking)

Tim Thompson/Andrea Seymour/Fergus Mellon