XTPL S.A.

Legal Proceedings Report • Sep 27, 2022

Title:

Patent approval by the British Intellectual Property Office.

Legal Basis:

Article 17(1) MAR - inside information

Content of the Report:

The Management Board of XTPL ("Issuer", "Company", "XTPL") herebyreports that on September 26th, 2022 it received information about theapproval of a patent for the Company by the British IntellectualProperty Office for its method of forming lines of several hundrednanometers wide using the XTPL-developed silver nanoink, i.e. for thepatent application "METHOD FOR REMOVING BOTTLENECKS". In particular, theinvention facilitates the removal of possible local bottlenecks in thelines deposited during the printing process, thereby increasing thelines' electrical conductivity and their current and mechanical strength.

The application procedure for this patent was initiated on June 6th,2018. This is also the date when patent protection started for theinvention. The Company's portfolio currently includes 25 patentapplications and a total of 3 patents granted.

The patent protection will increase the value of the potentialcommercialization of the Company's technology with respect to theIssuer's technological solutions for the next generation electronicsmarket. The reported event confirms continued delivery of the Company'sstrategy of building a patent cloud for its proprietary technology andproducts, which will contribute to building the Issuer's credibilityamong 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 decision to grant the patent to the Company should bedeemed inside information. For this reason, in the opinion of theManagement Board, the information meets the criteria set out in Article7(1) of the MAR.