Title:

Patent approval by US Patent and Trademark Office

Legal basis:

Article 17(1) MAR - confidential information.

Content of the Report:

The Management Board of XTPL ("Issuer", "Company", "XTPL") herebyreports that on 23 October 2024 it received the notice of allowance andinformation related to allowed claims issued by the United States Patentand Trademark Office. The patent application has been examined and isallowed for issuance as a patent for an invention "Method of measuring aminimum pressure for gas bubble generation of a capillary tube, andrelated methods" (application number: 17/174,892). The final formalrequirement for obtaining the patent is to pay the necessary fee. Shouldthe requirement not be met, the Company will communicate this in aseparate 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.