XTPL S.A.

Regulatory Filings • Mar 25, 2020

The Management Board of XTPL S.A. ("Company", "Issuer") informs aboutthe execution of the next order for the supply of nano-ink. Delivery iscarried out for a new contractor from EMEA region which is operating onthe display market as well as on several others advanced electronics'sectors.

With the contractor for which the delivery is beeing carried out theCompany is conducting talks regarding the commercialization of thedeveloped technology. The purchase of a nano-ink is another step to theimplementation of the Issuer's technology in the solutions offered bythe abovementioned contractor.

The Management Board of the Company considered the fact of commercialsale of the nano-ink to another contractor as inside information,because in the opinion of the Management Board it confirms thetransition to the next, more advanced phase of business relations withthis contractor, which increases the probability of commercialization ofthe technology developed by the Company.

The amount of revenue from delivery is insignificant from the point ofview of potential cooperation with the partner. However, the mere factof this commercial order is significant from the point of view of theCompany and at the same time confirms the possibility to startcooperation with the contractor in terms of entering the market in theclient's industry.