XTPL S.A.

Regulatory Filings • Apr 15, 2021

The Management Board of XTPL S.A. ("Issuer", "Company", "XTPL") herebyannounces that on 15 April 2021 an agreement was signed between theIssuer and Yi Xin Technology Co. Limited ("Yi Xin") providing fordistribution of the Issuer's technological solutions in China("Agreement").

Under the Agreement, Yi Xin will be the distributor of XTPL'stechnological solutions on the Chinese market. Yi Xin will be alsoresponsible for formal aspects relating to the introduction of XTPLproducts to the local market, including obtaining the necessary securitycertificates and attestations required in commercial transactions. TheAgreement was signed for 12 months, and depending on its outcomes, theparties might decide to extend their cooperation.The other provisions ofthe Agreement are in line with market standards.

Established in 2011, Yi Xin specializes in additive technologies and thesearch for innovative solutions dedicated to the printed electronicssegment. It cooperates with major Chinese research institutes andindustrial manufacturers from the display, touch panel and semiconductorsectors.

China is one of the largest potential markets for the Issuer'stechnology and, in the opinion of the Company's Management Board, thedistribution agreement will facilitate commercialization of the XTPLtechnology in that territory.

The Issuer's Management Board has decided that the conclusion of theAgreement is inside information, as its implementation may have asignificant impact on the Issuer's future income position, promotion ofthe Company's technological solutions in the Chinese market, and theIssuer's perception by investors. For this reason, in the opinion of theManagement Board, the information about conclusion of the Agreementmeets the criteria set out in Article 7(1) of the MAR.