XTPL S.A.: Pierwsza sprzedaż modułu do zastosowań przemysłowych dla partnera w Chinach. Moduł drukujący zostanie dostarczony do jednego z kluczowych na rynku chińskim producentów maszyn dla przemysłu nowoczesnych wyświetlaczy.

Title: First Sale of Industrial Printing Module to a Partner in China.
The printing module will be delivered to one of the key manufacturers of
equipment for the modern display industry in the Chinese market.

Legal basis: Article 17 (1) MAR – confidential information.

Content of the Report:

The Management Board of XTPL S.A. [“Issuer”, “Company”, “XTPL”] informs
that on the 24th of April 2024, it confirmed the acceptance of an order
for the delivery of a printing module for industrial integration.

The direct purchaser is Yi Xin (HK) Technology Co., Ltd based in China
[“Yi Xin”, “Distributor”], which provides distribution services of XTPL
S.A.’s technological solutions (RB 4/2021 dated April 15, 2021). The
final buyer of the device will be a leading manufacturer of testing and
repair equipment used on production lines for modern Flat Panel Displays
(FPD) in the Chinese market [“Partner”, “End Customer”]. The Partner’s
customers are leading manufacturers of modern FPD displays in the
Chinese market.

The Partner’s decision to purchase the industrial printing module starts
the construction of a prototype industrial device for use in repairing
modern displays (FPD). The relationship with the Partner has been
ongoing since November 2023 and is the result of efforts aimed at
increasing the recognition of XTPL’s technology and solutions in the
Chinese market by Yi Xin. In collaboration with the Company, the Partner
conducted a technological evaluation process of the Company’s solution
that lasted about 5 months. Upon achieving the expected results by the
End Customer, the Partner decided to purchase the printing module.

Revenues from the sale under this order will be recognized by the end of
the current year, and the delivery of the module for industrial
integration is planned within 3-5 months.

The Issuer’s Management Board has deemed the commencement of the order
for the delivery of the printing module for industrial integration as
confidential information due to achieving a key level of technology
evaluation of potential, significant importance for the future
development of the Company. The purchase order opens another stage of
close cooperation between the Company and the Partner, ultimately aimed
at developing and implementing industrial devices on production lines at
a leading manufacturer of displays in the Chinese market. The
cooperation also confirms the possibility of acquiring projects through
Distributors aimed at industrial implementations of the Company’s
technological solutions. The sale of the printing module confirms the
attractiveness of the technological solution offered by the Company in
the Chinese market and the further commercialization potential of XTPL
technology within the business line of printing modules for industrial
integration.

Accordingly, in the opinion of the Issuer’s Management Board, the above
information meets the criteria of inside information within the meaning
of Article 7(1) MAR.

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