XTPL raises PLN 27.6 m in the series X share offering to scale up its commercial sales to PLN 100 m

Issuer: XTPL S.A. / Key word(s): Capital Increase/Financing XTPL raises PLN 27.6 m in the series X share offering to scale up its commercial sales to PLN 100 m 06.12.2024 / 17:37 CET/CEST The issuer is solely responsible for the content of this announcement. Press Release, December 6, 2024 XTPL raises PLN 27.6 m in the series X share offering to scale up its commercial sales to PLN 100 m

XTPL (WSE:XTP), a global supplier of groundbreaking nanoprinting solutions for the next-generation electronics market, has reported that investors have paid up all 300.000 of the series X ordinary bearer shares as part of the offering. The issue price per share was set at PLN 92.00, which means that the value of the offering came in at PLN 27.6 million gross. The discount, expressed as a volume-weighted average of the price for the period of 30 days prior to setting the issue price per share, was 9.2%. XTPL's offering met with substantial interest from investors looking to acquire the Company’s shares. The issue proceeds will help finalize implementation of XTPL’s 2023-2026 Strategy adopted last year focused on a 10-fold increase in commercial sales to PLN 100 million in 2026. Brokerage House Trigon Dom Maklerski S.A. was a bookrunner in the process.

The XTPL offering covered 300.000 series X ordinary bearer shares issued by the Company in a private placement. After the successfully completed bookbuilding and acquisition by investors, the shares will represent 11.3% of the Company's share capital. The series X offering was addressed to investors selected by the Company’s Management Board on terms set out in the issue resolution.

“The investors have paid up all the shares, i.e.: 300,000 series X shares. We are also pleased with the low market discount at 9.2% compared to the volume-weighted average price for the period of 30 days prior to setting the issue price per share. This confirms the high interest in the XTPL offering and we are glad to be among the few market players that have obtained the expected funding for further development in the currently challenging environment. We sustain our goal which is to reach a 10-fold increase in commercial revenues to PLN 100 million in 2026 and will complete the investment process started last year, strengthening three key areas: sales, production and R&D. We expect 2025 to be a breakthrough year for XTPL and believe that our technology will see its first industrial deployment with a global partner – a leading manufacturer of advanced electronics. Individual and institutional investors from Poland and abroad who took part in the offering of series X shares will participate in this achievement and milestone of the Company’s growth journey. Thank you for recognizing our potential and for your trust. This allows us to build in Poland a technology firm with a global reach and seek to achieve our vision – to be a global standard in the manufacture of future generations of advanced electronics” says Filip Granek, CEO of XTPL S.A.