XTPL S.A.

Share Issue/Capital Change • Jun 22, 2023

Title:Completion of the book building process for the offering ofnew series V bearer shares and determination of the issue price ofseries V shares

Legal basis:Article 17(1) MAR - inside information.

Content of the Report:The Management Board of XTPL S.A., based inWrocław, Poland (the _quot;Issuer_quot; or the _quot;Company_quot;), with reference to ESPICurrent Report No. 27/2023 dated June 12, 2023 and earlier reports,informs that on June 22, 2023, the book-building process conducted byTrigon Dom Maklerski S.A. for up to 275,000 Series V ordinary bearershares of the Company (_quot;Series V Shares_quot;) issued pursuant to ResolutionNo. 03/06/2023 of the Extraordinary General Meeting of the Company datedJune 12, 2023 on increasing the Company's share capital through theissuance of Series V ordinary bearer shares to the exclusion of allshareholders' preemptive rights, amending the Company's Articles ofAssociation, and applying for the admission and introduction of suchshares to trading on a regulated market (the _quot;Issue Resolution_quot;) wascompleted.

Accordingly, on June 22, 2023, after considering the results of thebook-building process and the recommendation of Trigon Dom MaklerskiS.A, Management Board of the Company set the issue price of Series VShares at PLN 133 (one hundred and thirty-three zlotys) per Series VShare, and decided to make offers to investors to acquire Series VShares at the set issue price in the maximum number of shares providedfor in the Issue Resolution, i.e. in relation to 275,000 (two hundredand seventy-five thousand) Series V Shares.

ADDITIONAL INFORMATION

The current report has been prepared solely for the purpose offulfilling the obligations under Article 17 (1) of the Regulation (EU)No. 596/2014 of the European Parliament and of the Council of April 16,2014. on market abuse (Market Abuse Regulation) and repealing Directive2003/6/EC of the European Parliament and of the Council and CommissionDirectives 2003/124/EC, 2003/125/EC and 2004/72/EC (MAR), in connectionwith the fact that the Company considered the information on completionof the book-building process for Series V Shares and determination oftheir issue price as meeting the criteria of confidential informationwithin the meaning of Article 7 of MAR. This report does not serve inany way, directly or indirectly, to promote the offer, subscription orpurchase of Series V Shares and does not constitute advertising orpromotional material prepared or published by the Company for thepurpose of promoting the offer of Series V Shares or to encourageinvestors, directly or indirectly, to purchase or subscribe for Series VShares.