XTPL S.A. — Director's Dealing 2019

Jul 25, 2019

Management Board of XTPL S.A. (the "Issuer") informs that on 24th July2019 it has received from Mr. Stefan Twardak a notification underArticle 69 section 1 point 2 of the Act on the public offer and terms ofintroducing financial instruments into an organized system of trade andon public companies dated 29 July 2005 with the content as following:Inexecution of the obligation provided for in art. 69 sec. 1 point 2 ofthe Act dated 29 July 2005 on the public offer and terms of introducingfinancial instruments into an organized system of trade and on publiccompanies ("Act"), shareholder Stefan Twardak reports a reduction ofshare in the total number of votes at XTPL S.A. with its registeredoffice in Wrocław ("XTPL", "Company") from 5.00% to 4.88%.Theevent causing the change of share to which the notification pertains wasregistration by the registry court on 10 July 2019 of a change of XTPLarticles of association, which concerned, among others, an increase ofXTPL share capital from PLN 178,362 to PLN 182,622.20.Prior tothis event, I held 89,182 shares of XTPL, which jointly constituted a5.000056% share of XTPL share capital and gave right to 89,182 votes atthe general meeting of XTPL shareholders, thus constituting 5.000056% ofthe total number of votes.I currently hold 89,182 shares ofXTPL, which jointly constitute a 4.883415% share in XTPL share capitaland gives right to 89,182 votes at the XTPL general meeting ofshareholders, thus constituting 4.883415% of the total number of votes.Ihave no subsidiaries holding XTPL shares.The number of votesfrom shares, calculated in the manner specified in art. 69b sec. 2 ofthe Act, to the acquisition of which I would be entitled or obligated asholder of the financial instruments noted in art. 69b sec. 1 point 1 ofthe Act and financial instruments noted in art. 69b sec. 1 point 2 ofthe Act, which are not solely exercised through a financial settlement,is 0.The total number of votes from shares, calculated in themanner specified in art. 69b sec. 3 of the Act, to which the financialinstruments noted in art. 69b sec. 1 point 2 of the Act directly orindirectly refer, is 0.In light of the fact that I do not holdthe financial instruments noted in art. 69b sec. 1 point 1 and 2 of theAct, the total number of votes at XTPL and full percentage share of thetotal number of votes at XTPL, as noted in art. 69 sec. 4 point 9 of theAct, correspond to the previously indicated number of votes from XTPLshares that I hold.