Title:Company adopts Strategy for 2023-2026

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

Content of the Report:On November 22, 2023, the Management Board ofXTPL S.A. [_quot;Issuer_quot;, _quot;Company_quot;, _quot;XTPL_quot;] adopted, with prior approval ofthe Supervisory Board, the Company's strategy for 2023-2026 [_quot;Strategy_quot;].

The 2023-2026 Strategy addresses the development and scaling stage ofXTPL's business. The main measure is the level of PLN 100 million incommercial sales in 2026. The basis for building the Strategy formulatedin this way is:

• the current high level of advancement of projects oriented towards thefirst implementation of XTPL's technology into the industrial lines ofglobal advanced electronics manufacturers;

• the current sales pipeline in all three business lines:

- printing modules for industrial applications,

- Delta Printing System devices (DPS),

- high performance materials (HPM, nanoinks);

• demand related to the change and expansion of the Company'sorganizational structure, also taking into account new competencies;

• demand related to the necessary level of physical investment andworking capital, resulting from the need to handle rapidly growing sales.Theinvestment plan under the Company's Strategy was estimated at PLN 60million. In the first step, a net PLN 34.6 million was raised in apublic offering conducted in July this year. Financing of the necessaryinvestments in the next steps is planned from the Company's own fundsgenerated by profits, grant projects for some R_amp;D work and through debtinstruments.

The 2023-2026 strategy is to focus on two main areas of the Company'sbusiness:

1. the area of business development and sales, with the aim of realizing:

a. Revenue from sales of products and services by the end of 2026 in theamount of PLN 100 million

b. Achieve the first full-scale implementations of XTPL technology on anindustrial scale

c. Expand previously explored markets to include telecommunications andbiosensors

d. Further expansion of the distributor network and establishment ofstationary sales centers in three technologically important markets:USA, Taiwan, South Korea.

2. The area of operational and organizational development, with the aimof realizing:

a. Increase production capacity in all three business lines

b. Continuing R_amp;D work on the development of existing products and newproducts, for maintaining a long-term competitive position

c. Build a strong brand as a reliable partner through operationalexcellence, tailored offerings and targeted markets

d. Increased activity in 3D printed electronics communities andattracting top talent from Poland and abroad

The Issuer's Management Board considered the adoption of the Company'sStrategy as confidential information, as its implementation may have asignificant impact on the Issuer's future revenue situation, thepopularization of the Company's technological solutions, as well as theprospect of investors' perception of the Issuer.

Therefore, in the opinion of the Board of Directors, the information onthe conclusion of the Agreement meets the criteria indicated in Article7(1) of the MAR Regulation.