XTPL S.A.

Regulatory Filings • Nov 3, 2022

Title:Patent protection obtained from the United States Patent andTrademark Office

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

Content of the Report:The Management Board of XTPL S.A. ["Issuer","Company", "XTPL"] hereby reports that on November 1, 2022, it receivedinformation about the conditional granting to the Company by the UnitedStates Patent and Trademark Office of a patent for a new type of ink,used in the ultra-precise deposition process (UPD - Ultra PreciseDeposition) ie for a patent application entitled _quot;Metallic nanoparticlecomposition_quot;. The final formal requirement for obtaining the patent isto pay the patent fee by 25 January 2023. Should the requirement not bemet, the Company will communicate this in a separate current report.

The application procedure for this patent was initiated on 17 September2020. This is also the date when patent protection started. Moreover,the Company's portfolio includes 25 patent applications.

The patent protection will increase the value of the potentialcommercialization of the Company's technology in the context ofindustrial implementation. The reported event confirms continueddelivery of the Company's strategy of building a patent cloud for itsproprietary technology and products, which will contribute to buildingthe Issuer's credibility among potential industrial clients.

In view of the above, and considering the confirmation of uniqueness ofthe Company's technological solutions, and then the outlook for theIssuer's perception by investors, the Issuer's Management Board hasdecided that the conditional decision to grant the patent to the Companyshould be deemed inside information. For this reason, in the opinion ofthe Management Board, the information about the conclusion of theAgreement meets the criteria set out in Article 7(1) of the MAR.