XTPL S.A.

Major Shareholding Notification • Nov 27, 2024

Deutsche Balaton AG · Ziegelhäuser Landstr. 3 · 69120 Heidelberg

XTPL S.A. ul. Stabłowicka 147 54-066 Wrocław Poland

By email in advance to: investors@xt-pl.com

Heidelberg, 26 November 2024

Notification of shareholdings in XTPL SA ISIN: PLXTPL000018

Dear Sir or Madam,

As part of performance of the obligation referred to in Article 69(1)(1) of the Act on public offer and the conditions for introducing financial instruments to the organized trading system and public companies of 29 July 2005 (the "Act"), attached we provide notification of shareholdings in XTPL SA.

Deutsche Balaton Aktiengesellschaft

Yours faithfully,

Deutsche Balaton Aktiengesellschaft

Alexander Link

Heidelberg, 26 November 2024

Recipient:

Polish Financial Supervision Authority (KNF) ul. Piekna 20 00-549 Warszawa PO box 419 Poland

XTPL S.A. LEI: 259400H9PEQYON2NI017 ul. Stabłowicka 147 54-066 Wrocław Poland

Sender:

Heidelberger Beteiligungsholding AG I.EI: 529900ETS9WWPA8WR769 Ziegelhäuser Landstr. 3 69120 Heidelberg Germany

Deutsche Balaton AG LEI: 529900LRUURWAPEMNE31 Ziegelhäuser Landstraße 3 69120 Heidelberg Germany

Notification

As part of performance of the obligation referred to in Article 69(1)(1) and (2) of the Act on public offer and the conditions for introducing financial instruments to the organies of 29 July 2005 (the "Act") Heideberger Beteiligungsholding AG and its parent company Deutsche the "Companies"), which are members of the same capital group described in point 9 below, hereby provide notification about change of the share in XTPL S.A. with its registered office in Wrocław ("XTPL").

1.

On 22 November 2024, Deutsche Balaton AG acquired 191,071 XTPL shares from Heidelberger Beteiligungsholding AG which led to Deutsche Balaton AG exceeding the 10.00 percent threshold and Heidelberger Beteiligungsholding AG falling below the 5.00 percent threshold.

1. The number of shares held before the change in the share and their percentage share in the share capital of the company (XTPL), and the number of votes carried by those shares with their percentage share in the total number of votes:

According to the last Notification of shareholdings in XTPL SA from 03 November 2023 the share were:

• a) Heidelberger Beteiligungsholding AG held 191,071 XTPL shares, which constituted approx. 8.29% of Share capital of XTPL and carried 191,071 votes at the general meeting of shareholders of XTPL, constituting approx. 8.29% of the total number of votes (at the time when share capital of XTPL was 230,422.20 PLN),

• b) Deutsche Balaton AG held 115,226 XTPL shares, which constituted approx. 5.00% of share capital of XTPL and carried 115,226 votes at the general meeting of STPL, constituting approx. 5.00% of the total number of votes (at the time when share capital of XTPL was 230,422.20 PLN), and

• c) Heidelberger Beteiligungsholding AG and Deutsche Balaton AG jointly held 306,297 XTPL shares, which constituted approx. 13.29% of share capital of XTPL and carried 306,297 votes at the general meeting of XTPL, constituting approx. 13.29% of the total number of votes (at the time when share capital of XTPL was 230,422.20 PLN).

• 1. The number of shares held currently and their percentage share in the company (XTPL), and the number of votes carried by those shares with their percentage share in the total number of votes:

At present:

• a) Heidelberger Beteiligungsholding AG holds 0 shares of XTPL, which constitutes approx. 0.00% of the share capital of XTPL and carries 0 votes at the general meeting of XTPL, constituting approx. 0.00% of the total number of votes, and
• b) Deutsche Balaton AG holds 347,042 shares of XTPL, which constitutes approx. 14.77% of the share capital of XTPL and carries 347,042 votes at the general meeting of XTPL, constituting approx. 14.77% of the total number of votes, and
• 1. Subsidiaries of the notifying shareholder which own the shares of the company (XTPL):

Heidelberger Beteligungsholding AG is a subsidiary of Deutsche Balaton AG. Both companies of the capital group described in point 9. Other members of the capital group do not have shares of XTPL.

1. The persons referred to in Article 87(1)(3){c) of the Act:

None.

1. The number of votes carried by the shares, calculated in the manner specified in Article 69b(2) of the Act, which the Companies would be authorized or obliged to buy as the holder of the financial instruments referred to in Article 69b(1)(1) of the Act, and financial instruments referred to in Article 69b(1)(2) of the Act, which are not exercised solely by cash settlement:

The Shareholder does not hold the financial instruments referred to in Article 69b.1 (1) of the Act on Public Offering.

The Shareholder does not hold the financial instruments referred to in Article 69b.1 (2) of the Act on Public Offering.

1. The number of votes carried by the shares, calculated in the manner specified in Article 69b(3) of the Act, which are indirectly or directly related to the financial instruments referred to in Article 69b(1)(2) of the Act:

0 (zero).

1. The total number of votes calculated in accordance with Article 69(4)(9) of the Act:

As respectively indicated in point 2 and 3.

9. Indirect shareholders / beneficial owners of the shares in accordance with Article 69a sec. 1.3 of the Act:

The Companies are members of capital group of which the beneficial owner is Wilhelm K.T. Zours. The structure of the described capital group are indicated in the table below:

Name of the associate:	Business address:	Nature of association:
Heidelberger Beteiligungsholding AG	Ziegelhaeuser Landstrasse 3, 69120 Heidelberg, Germany
Deutsche Balaton Aktiengesellschaft	Ziegelhaeuser Landstrasse 3, 69120 Heidelberg, Germany	Deutsche Balaton Aktiengesellschaft is the major shareholder of Heidelberger Beteiligungsholding AG.

VV Beteiligungen Aktiengesellschaft	Ziegelhaeuser Landstrasse 3, 69120 Heidelberg, Germany	VV Beteiligungen Aktiengesellschaft is the major shareholder of Deutsche Balaton Aktiengesellschaft. Deutsche Balaton Aktiengesellschaft is the major shareholder of Heidelberger Beteiligungsholding AG.
Delphi Unternehmensberatung Aktiengesellschaft	Ziegelhaeuser Landstrasse 3, 69120 Heidelberg, Germany	Delphi Unternehmensberatung Aktiengesellschaft is the only shareholder of VV Beteiligungen Aktiengesellschaft. VV Beteiligungen Aktiengesellschaft is the major shareholder of Deutsche Balaton Aktiengesellschaft. Deutsche Balaton Aktiengesellschaft is the major shareholder of Heidelberger Beteiligungsholding AG.
Wilhelm K.T. Zours	69120 Heidelberg, Germany	Mr. Zours is the only shareholder of Delphi Unternehmensberatung Aktiengesellschaft. Delphi Unternehmensberatung Aktiengesellschaft is the only shareholder of VV Beteiligungen Aktiengesellschaft. VV Beteiligungen Aktiengesellschaft is the major shareholder of Deutsche Balaton Aktiengesellschaft. Deutsche Balaton Aktiengesellschaft is the major shareholder of Heidelberger Beteiligungsholding AG.

All

Signatures:

On behalf of Heidelberger Beteiligungsholding AG Andreas Danner

Deutsche Balaton Aktiengesellschaft Alexander Link Managing Director