espi ebi XTPL S.A. 2024-01-23 10:35

Title: Entering into a non-exclusive agreement to distribute the Issuer's technology solutions in Taiwan and China.

Legal basis: Article 17 (1) MAR - confidential information

Content of the Report:
The Management Board of XTPL S.A. ["Issuer", "Company", "XTPL"] announces that on January 23, 2024, a non-exclusive distribution agreement for the Issuer's technology solutions ["Agreement"] was signed between the Issuer and Sigma Technology Corporation, headquartered in Taiwan and China ["Sigma", "Distributor"].

Under the signed Agreement, the Distributor will advertise and sell XTPL's technology solutions in Taiwan and China. The cooperation is intended to support XTPL in finding new industrial Customers as well as seeking broader applications for its technologies and products and will focus on introducing solutions in the semiconductor, new generation displays and optoelectronics fields.

Sigma is a leading company supplying manufacturing equipment and materials in Taiwan and China to industries such as semiconductor, photovoltaics, displays, PCB etc. As part of the cooperation, the Distributor will promote XTPL's solutions to its existing and new customers.

The Issuer's Management Board considered the fact that the Distribution Agreement in question was concluded for a significant market to be confidential information, as its implementation may have a significant impact on the Issuer's future revenue situation, the popularization of the Company's technological solutions, as well as the prospect of investors' perception of the Issuer.

In view of the above, in the opinion of the Management Board, the information on the conclusion of the Agreement meets the criteria indicated in Article 7(1) of the MAR Regulation.