Title:Patent approval by Intellectual Property Office Of Vietnam

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

Content of the Report:The Management Board of XTPL ("Issuer","Company", "XTPL") hereby reports that on May 29th, 2023 it receivedinformation about the approval of a patent by the Intellectual PropertyOffice Of Vietnam for the method of forming lines with a width below 1micrometer using the XTPL-developed ink containing nanoparticles ofsilver. The patent was granted in response to the patent application"Bottom-up method for forming wire structures upon a substrate".

The application procedure for this patent was initiated on March 22nd,2016. This is also the date when patent protection started for theinvention.

The Company's portfolio currently includes 26 patent applications and atotal of 7 patents granted.

The patent protection will increase the value of the potentialcommercialization of the Company's technology with respect to theIssuer's technological solutions for the next generation electronicsmarket. The reported event confirms continued delivery of the Company'sstrategy of building a patent cloud for its proprietary technology andproducts, which will contribute to building the Issuer's credibilityamong potential industrial clients.

In view of the above, and considering the confirmation of uniqueness ofthe Company's technological solutions, and then the outlook for theIssuer's perception by investors, the Issuer's Management Board hasdecided that the conditional decision to grant the patent to the Companyshould be deemed inside information. For this reason, in the opinion ofthe Management Board, the information meets the criteria set out inArticle 7(1) of the MAR.