Title: Information on recommending a project to a consortium of whichthe Issuer is a member, to be co-financed by the European CommissionArticle17(1) MAR - inside informationContents of the Report:TheManagement Board of XTPL S.A. (the "Issuer") announces that on 21 March2022 it received information that the Project developed in a consortiumof which the Issuer is a member "Building Active MicroLED displays ByAdditive Manufacturing" (the "Project") has been recommended forco-financing under the Research and Innovations Actions (RIA) callHORIZON-CL4-2021-DIGITAL-EMERGING-01-31 competition of the EuropeanCommission Horizon Europe Framework Programme ("HORIZON"). Theconsortium also includes:

? ALEDIA (France).

? BARCO NV (Belgium),

? QustomDot BV (Belgium),

? X DISPLAY COMPANY TECHNOLOGY LIMITED (Ireland),

? X-CELEPRINT LIMITED (Ireland),

? and Stuttgart University (Germany).The scope of thisproject is development of the innovative mechanically flexible micro LEDdisplays with the focus on the high-precision additive manufacturingtechnologies.

? Total Project value: EUR 4,293,263.75;

? The Issuer's participation in the Project: EUR 429,812.50;

? Recommended co-financing value for the Issuer: EUR 429,812.50;

? Implementation period: 24 months.

The final co-financing amount may change slightly at the stage ofpreparing the documentation for the grant agreement. The signing of thegrant agreement will be communicated by the Issuer in a separate report.In the opinion of the Issuer's Management Board the above fact is insideinformation, as grants constitute an important part of financing theIssuer's operations. The Project is well aligned with the Issuerstrategic application field of the technological solutions for nextgeneration flat panel displays. Close collaboration with thetechnological companies in Europe, in the frame of the Project, willalso strengthen the market visibility of the Issuer's technologicalsolutions and will contribute to its further commercialization.