XTPL S.A.

Regulatory Filings • Jul 22, 2022

Title:

Acceptance of an order for the delivery of a printing module forindustrial integration in the prototype of an industrial device forapplications in semiconductor production for a Partner from Taiwan

Legal basis:

Article 17(1) MAR - inside information

Content of the Report:

The Management Board of XTPL S.A. (the "Issuer", "Company", "XTPL")hereby reports that on 22 July 2022 it confirmed the acceptance of anorder for the delivery of a printing module for industrial integration.The order was received from a Taiwan-based global manufacturer ofspecialized equipment for the production of semiconductor components("Partner"). Acceptance of the order means delivery of the XTPLtechnology to build a prototype of an industrial device for applicationsin semiconductor production.

The Partner's decision to buy the printing module and start theconstruction of a prototype industrial device was taken following acomplex process consisting of three stages of evaluation of XTPL'stechnological solutions in cooperation with the Partner in Taiwan(equipment manufacturer) and a Client, also Taiwan-based - a leadingglobal manufacturer of semiconductors ("Client", "End Client"). Thecomplex evaluation process with the Partner took about 18 months tocomplete.

The XTPL printing module will be an essential element of the industrialdevice prototype for advanced packaging applications in thesemiconductor industry. The Company's printing module will be integratedinto the prototype of the device, which is to meet the technologicalrequirements set for the Partner by the End Client.

Sales revenue connected with the order will be recognized by the end of2022.

The Issuer's Management Board has decided that the commencement ofexecution of the order for the delivery of the printing module forindustrial integration is inside information due to the achievement of akey level of technology evaluation with a potentially significantimportance for the Company's future development. The order opens upanother stage of close cooperation between the Company and the Partner,ultimately geared towards development and industrial implementation ofthe device on production lines of the Taiwan-based leading globalmanufacturer of semiconductor components. The cooperation also confirmsthe attractiveness of the technological solution offered by the Companyand the further commercialization potential of the XTPL technology aspart of its business line of printing modules for industrial integration.

Accordingly, in the opinion of the Issuer's Management Board, the aboveinformation meets the criteria of inside information within the meaningof Article 7(1) MAR.