XTPL S.A.

Regulatory Filings • Dec 28, 2020

In relation to the ESPI Current Report No. 48/2020 of 30 November 2020,the Management Board of XTPL S.A. (the "Issuer") announces that today(28 December 2020) it has received information that on 23 December 2020the National Centre for Research and Development ("NCBR") signed anagreement on co-financing, under the 1/1.1.1/2020 - "Fast Track"competition organized by NCBR, for the Issuer's project "Innovativetechnology for precise deposition of conductive mesh for application innew generation OLED displays" (the "Project").

The main objective of the Project is to develop an additive printingtechnology of ultra-precise metallic structures designed to reduceresistance of the transparent cathode in new generation TE-OLED displays.

· The total cost of the Project is: PLN 16,003,028.33;

· Co-financing value: PLN 11,673,831.24;

· Implementation period: 1 July 2020 - 30 June 2023.

In the opinion of the Issuer's Management Board the above fact is insideinformation, as grants constitute an important element of financing theIssuer's operations. The Project will contribute to further developmentof the Issuer's strategic area of modern display technologies.