Related Party Transaction • Sep 11, 2023
Related Party Transaction
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Title:Entering into a non-exclusive agreement for the distributionof the Issuer's technology solutions in Taiwan
Legal basis:Article 17(1) MAR - inside information.
Content of the Report:The Management Board of XTPL S.A. [_quot;Issuer_quot;,_quot;Company_quot;, _quot;XTPL_quot;] announces that on September 8, 2023, a non-exclusivedistribution agreement for the Issuer's technology solutions[_quot;Agreement_quot;] was signed between the Issuer and Detekt Technology Inc.based in Taiwan [_quot;Detekt_quot;].
In accordance with the Agreement, Detekt will act as a distributor ofXTPL's technology solutions in Taiwan. The cooperation is aimed atsupporting the Issuer in finding more and more applications for theCompany's technologies and products in technology corporations and R_amp;Dcenters and scientific units. The partnership will also contribute toincreasing awareness and recognition of the Issuer's solutions amongglobal players in the semiconductor and display technology market.
Detekt Technology Inc. is a Taiwan-based distributor of devices offeringadditive technologies, operating in the market since 2003. After 20years of experience, the company is considered an expert in solvingcomplex challenges in research projects as well as in the production ofadvanced electronics, offering complementary solutions of leadingprinting technologies. XTPL S.A. will join Detekt Technology Inc.'sportfolio, complementing the company's offering with laboratory andindustrial equipment offering unique capabilities for printingfunctional materials at unrivaled resolution.
In view of the above, in the opinion of the Board of Directors, theinformation on the conclusion of the Agreement meets the criteriaindicated in Article 7(1) of the MAR Regulation.
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