Title:

Patent approval by US Patent and Trademark Office.

Legal basis:

Article 17(1) MAR - inside information

Content of the Report:

The Management Board of XTPL ("Issuer", "Company", "XTPL") herebyreports that on 20 August 2024 it received the issue notification sentby the United States Patent and Trademark Office which guarantees thatthe patent will be granted for an invention "Method of detecting surfaceirregularities on or in an internal surface of a cylinder for use in apiston-cylinder assembly, and related apparatus" (application number:17/663,226). The final formal requirement for obtaining the patent is topay the necessary fee. Should the requirement not be met, the Companywill communicate this in a separate current report.

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 notice of allowance and information related to allowedclaims should be deemed confidential information. For this reason, inthe opinion of the Management Board, the information meets the criteriaset out in Article 7(1) of the MAR.