Title:Intention to raise financing and initiate a share issueprocess.

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

Content of the report:The Management Board of XTPL S.A. with itsregistered office in Wrocław ("Issuer" or "Company") hereby reports thattoday, i.e. on May 12, 2023, a decision was made on the intention tocontinue financing the Company's operations using, among other sources,proceeds from the issue of new shares.

The Company's Management Board indents to call an Extraordinary GeneralMeeting (EGM) for the first half of June 2023 and issue up to 275,000ordinary bearer shares addressed to investors who meet the requirementsset out in the issue resolution.

The share issue proceeds are to be used to co-finance part of theplanned investments totaling approx. PLN 60 million in 2023-2026 inthree key business areas: sales, production and R_amp;D. The funds raisedfrom the share issue are to finance approx. half of the requiredinvestment amount, with the remaining portion to be financed withequity, potential grants and debt capital.

The investments planned will help the Company significantly scale up itsbusiness in the area of industrial projects carried out in partnershipwith global electronics manufacturers, as part of which the Company willsupply industrial printing heads and related consumables (inks,nozzles). Owing to the advancement of some of the projects and therequired significant increase in production capacity in the event ofpotential finalization of one or more of them, the Company's ManagementBoard has decided to start the investment process. In addition, thefunds raised from the share issue will enable further development ofsales in the area of Delta Printing System prototyping devices and willsignificantly strengthen the R_amp;D area, enabling expansion of theCompany's industrial projects.

It is the Management Board's intention to conduct the share issue insuch a way that the investors who are the Company's shareholders holdingat least 0.5% of the Company's shares (each individually) as at the endof the day of registration at the EGM ("Eligible Investors") will begiven the priority right to acquire shares of the new issue, with thenumber of the shares acquired to be not higher than a number of sharesthat would enable the Eligible Investor to maintain their share in thetotal number of votes at the Company's General Meeting at a level notlower than the Eligible Investor's share existing as at the end of theday of registration at the EGM. The above will apply on the conditionthat such Eligible Investors are invited by the Management Board toparticipate in the book-building process and declare their interest inacquiring the newly issued shares, and then accept offers to acquire thenewly issued shares. The invitation to participate in the book-buildingprocess and the potential submission of a share acquisition offer inaccordance with the draft issue resolution will be made at the solediscretion of the Issuer's Management Board. The Company's ManagementBoard will use due care to offer the newly issued shares to thoseEligible Investors who meet the above conditions, if the subscriptionfor the newly issued shares for the Eligible Investor can be technicallysettled within the time limit specified by the Company's ManagementBoard.

The Management Board informs that today Mr. Dr. Filip Granek, asignificant shareholder and President of the Management Board of theCompany, provided the Chairman of the Supervisory Board with informationabout the declared will to participate in the planned issue of shares,if it were carried out after the General Meeting of the Company passedappropriate resolutions.

The calling of the EGM, whose planned agenda will include items relatingto the share issue, will be communicated by the Issuer via separatecurrent reports.

The Issuer's Management Board has decided that the above fact is insideinformation due to the significant potential value of the planned issueand its contribution to the implementation of the investments planned,as well as the fact that its execution may have a significant impact onthe Company's future development. The financing in question may have asignificant impact on the Issuer's further development.

Accordingly, for the reasons specified above, in the opinion of theIssuer's Management Board, the information on the intention to raise thefinancing meets the criteria of inside information within the meaning ofArticle 7(1) MAR.