XTPL S.A.

Business and Financial Review • Feb 6, 2023

Title:Delta Printing System sold to Beijing Institute of Technologyin China.

Legal basis:Article 17(1) MAR - inside information.

Content of the Report:The Management Board of XTPL S.A. (the"Issuer", "Company", "XTPL") reports that on 6 February 2023 the Companyconfirmed another order from Yi Xin (HK) Technology Co., Ltd based inChina ("Yi Xin", "Distributor") for delivery of the Delta PrintingSystem device. Yi Xin is a distributor of the Company's technologicalsolutions. (Current Report No. 4/2021 of 15 April 2021). The Issueraccepted the Distributor's order, which means that a sales contract wasformed. The Company will deliver and commission the device in the secondhalf of 2023.

The end buyer of the device will be a leading Chinese R_amp;D center ofBeijing Institute of Technology ("End Client"), which placed its orderfollowing the demonstration and tests of the XTPL technology. The EndClient is working on flexible electronics and integrated circuits, whereelectrically conductive connections between individual components willbe deposited using the DPS system. This type of application of XTPLtechnology is already appreciated by leading research groups in theworld, such as B.E.S.T. from the University of Glasgow, which hasrecently published two scientific papers on the use of ultra-precisiondeposition (UPD) for printing on flexible substrates.

This is a seventh transaction to sell the Delta Printing System in theChinese market, the third transaction this year. All transactions werecompleted in cooperation with the Distributor. The revenue from the mostrecent order for the device will have a positive impact on XTPL'sfinancial performance in 2023.

Accordingly, for the reasons described above, in the Management Board'sopinion the information disclosed in this current report meets thecriteria of inside information within the meaning of Article 7(1) MAR.