Title:Registration of amendments to the Articles of Association ofXTPL S.A.

Legal basis:Article 56(1)(2) of the Act on Public Offering - currentand financial reports

Content of the Report:With reference to ESPI Current Report No.37/2023 of July 12, 2023 and ESPI Current Report No. 26/2023 of June 12,2023, the Management Board of XTPL S.A. with its registered office inWrocław ("Issuer" or "Company"), reports that today (August 3, 2023),the registry court registered amendments in the Articles of Associationof XTPL S.A. (§5 of the Company's Articles of Association) in connectionwith Resolution No. 03/06/2023 of the Issuer's Extraordinary GeneralMeeting of Shareholders of June 12, 2023 ("EGM") and the ManagementBoard's statement of July 12, 2023 on the amount of share capitalacquired and on determining the Company's share capital in the Articlesof Association ("Management Board's Statement").

1. Value and structure of the share capital:

Change based on the EGM resolution of June 12, 2023 and the ManagementBoard's Statement of July 12, 2023:

§ 5. Share capital

1. The Company's share capital is PLN 230,422.20 (two hundred and thirtythousand four hundred and twenty-two zlotys and 20/100) and is dividedinto 2,304,222 (two million three hundred and four thousand two hundredand twenty-two) ordinary bearer shares with a nominal value of PLN 0.10(ten grosz) each, including:

1) 670,000 (six hundred and seventy thousand) series A shares with anominal value of PLN 0.10 (ten grosz) each, and a total nominal value ofPLN 67,000.00 (sixty seven thousand zlotys and 00/100);

2) 300,000 (three hundred thousand) series B shares with a nominal valueof PLN 0.10 (ten grosz) each, and a total nominal value of PLN 30,000.00(thirty thousand zlotys and 00/100);

3) 30,000 (thirty thousand) series C shares with a nominal value of PLN0.10 (ten grosz) each, and a total nominal value of PLN 3,000.00 (threethousand zlotys and 00/100);

4) 198,570 (one hundred and ninety eight thousand five hundred andseventy) series D shares with a nominal value of PLN 0.10 (ten grosz)each, and a total nominal value of PLN 19,857.00 (nineteen thousandeight hundred and fifty-seven zlotys and 00/100);

5) 19,210 (nineteen thousand two hundred and ten) series E shares with anominal value of PLN 0.10 (ten grosz) each, and a total nominal value ofPLN 1,921.00 (one thousand nine hundred and twenty-one zlotys and00/100);

6) 19,210 (nineteen thousand two hundred and ten) series F shares with anominal value of PLN 0.10 (ten grosz) each, and a total nominal value ofPLN 1,921.00 (one thousand nine hundred and twenty-one zlotys and00/100);

7) 68,720 (sixty-eight thousand seven hundred and twenty) series Gshares with a nominal value of PLN 0.10 (ten grosz) each, and a totalnominal value of PLN 6,872,00 (six thousand eight hundred andseventy-two zlotys and 00/100);

8) 68,720 (sixty-eight thousand seven hundred and twenty) series Hshares with a nominal value of PLN 0.10 (ten grosz) each, and a totalnominal value of PLN 6,872,00 (six thousand eight hundred andseventy-two zlotys and 00/100);

9) 10,310 (ten thousand three hundred and ten) series I shares with anominal value of PLN 0.10 (ten grosz) each, and a total nominal value ofPLN 1,031.00 (one thousand and thirty-one zlotys and 00/100);

10) 5,150 (five thousand one hundred fifty) series J shares, with anominal value of PLN 0.10 (ten grosz) each, and a total nominal value ofPLN 515.00 (five hundred and fifteen zlotys and 00/100);

11) 10,310 (ten thousand three hundred and ten) series K shares with anominal value of PLN 0.10 (ten grosz) each, and a total nominal value ofPLN 1,031.00 (one thousand and thirty-one zlotys and 00/100);

12) 140,020 (one hundred and forty thousand and twenty) series L shares,with a nominal value of PLN 0.10 (ten grosz) each, and a total nominalvalue of PLN 14,002.00 (fourteen thousand two zlotys and PLN 00/100);

13) 155,000 (one hundred and fifty-five thousand) series M shares with anominal value of PLN 0.10 (ten grosz) each, and a total nominal value ofPLN 15,500 (fifteen thousand five hundred and 00/100);

14) 47,000 (forty-seven thousand) series N shares with a nominal valueof PLN 0.10 (ten grosz) each, and a total nominal value of PLN 4,700(four thousand seven hundred zlotys and 00/100);

15) 41,400 (forty-one thousand four hundred) series O shares with anominal value of PLN 0.10 (ten grosz) each, and a total nominal value ofPLN 4,140 (four thousand seven hundred and forty zlotys and 00/100);

16) 42,602 (forty-two thousand six hundred and two) series P shares witha nominal value of PLN 0.10 (ten grosz) each, and a total nominal valueof PLN 4,260,20 (four thousand two hundred and sixty zlotys and 20/100).

17) 78,000 (seventy-eight thousand) series S shares, with a nominalvalue of PLN 0.10 (ten grosz) each, and a total nominal value of PLN7,800.00 (seven thousand eight hundred zlotys and 0/100);

18) 125,000 (one hundred and twenty-five thousand) series T shares witha nominal value of PLN 0.10 (ten grosz) each, and a total nominal valueof PLN 12,500 (twelve thousand five hundred zlotys);

19) 275,000 (two hundred and seventy-five thousand) series V shares witha nominal value of PLN 0.10 (ten grosz) each share and a total nominalvalue of PLN 27,500.00 (twenty-seven thousand five hundred zlotys).

2. The Company came into existence as a result of transformation of XTPLspółka z ograniczoną odpowiedzialnoscią whose share capital has beenfully paid up.

2. Nominal value per share

The nominal value of one share is PLN 0.10 (ten grosz).

3. Total number of votes carried by all the issued shares

Each share in the Issuer's share capital carries 1 (one) vote at theGeneral Meeting. The Issuer's share capital is divided into 2,304,222(two million three hundred and four thousand two hundred and twenty-two)bearer shares carrying a total of 2,304,222 (two million three hundredand four thousand two hundred and twenty-two) votes at the GeneralMeeting.

4. Authorised capital

The change in the share capital did not take place within the authorizedcapital.

5. The number of shares cancelled and the number of votes correspondingto the shares cancelled

The change in share capital did not involve cancellation of shares.

6. Other amendments to the Articles of Association

No amendments were made to the Articles of Association other than thosedescribed above.

7. Consolidated text

The Issuer prepared a consolidated text of the Company's Articles ofAssociation that reflect the amendments thereto - the consolidated textof the Articles is attached as Appendix 2 to the report.

Appendices:

1. Content of the existing and new provisions of the Articles ofAssociation.

2. Consolidated text of the Articles of Association.

Detailed legal basis:

§ 5(1) in conjunction with § 6 of the Finance Minister's Ordinance of 29March 2019 on current and financial information (...).