XTPL S.A.

Regulatory Filings • Jul 2, 2021

The Management Board of XTPL S.A. (the "Issuer", "Company") announcesthat on 2 July 2021, the Company accepted and confirmed an order fromKarlsruher Institut für Technologie - Lichttechnisches Institut (the"Institute") for delivery of the Company's technology demonstrator:Delta Printing System printers. The Issuer accepted the order, whichmeans that a sales contract was formed.TheIssuer will deliver and commission the device by the end of 2021. TheInstitute will use it for research and development related to modernlightemitting materials.LichttechnischesInstitut in Karlsruhe is one of the most reputable global scientificinstitutions focusing on research and development of technologiesrelated to light emission (including organic and inorganic LEDs) and newtechnologies in printed electronics. This cooperation opens up for theCompany another channel for reaching manufacturers from the electronicsindustry with its proprietary technology.

The Management Board has decided that the fact ofreceiving the order is confidential information, as the order istestimony to the commercialization potential of the Issuer's technologyand the possibility of starting cooperation with industrial partners,which may have an impact on the Issuer's financial position and growthoutlook going forward. In addition, the commercial sale of the printerto the Institute was deemed inside information due to the specificnature of the Issuer's business and its understanding by the Company'sshareholders and investors.Accordingly,in the Management Board's opinion, the information on the sale of theDelta Printing System meets the criteria of inside information withinthe meaning of Article 7(1) MAR. At the same time, the Company'sManagement Board advises that as of publication of this report,information on any subsequent printer sales will be each time madeavailable to the public.