Slide 1: XTPL S.A. Financial Results for 3Q2021
XTPL S.A. FINANCIAL RESULTS FOR 3Q2021 XTPL S.A. Filip Granek, CEO Autor: November Data: 25, 2021 19 październik 2019 xtpl.com
Slide 2: XTPL at a Glance
XTPL AT GLANCE XTPL is a global player, developer and provider of breakthrough and unprecedented technology for electronics manufacturers, enabling effective production of new generation devices Founded in 2015, based Targeted and effective Begun commercialization in Poland and USA strategy focused
Slide 3: Agenda
AGENDA 1. 2. EXECUTIVE COMMERCIALIZATION SUMMARY 3. 4. 5. TECHNOLOGY FINANCIAL RESULTS SUMMARY xtpl.com 3
Slide 4: Executive Summary
EXECUTIVE SUMMARY Q3’2021 – summary • continuation of commercialization of the solutions - sales of the Delta Printing System* and sales of 6 XTPL nanoinks • completing 9 technology evaluations in terms of industrial implementations with global players of the printed electronics sector • acquiring a
Slide 5: Mega Trends of the Electronics Markets
MEGA TRENDS OF THE ELECTRONICS MARKETS Miniaturization of the size and weight of electronic devices while increasing efficiency and speed of operation Changing the forms and properties of consumer electronics : • flexibility • new shapes, including three-dimensional forms Ecology: • saving materials
Slide 6: Platform Character
PLATFORM CHARACTER • USD 41.2bn - value of the global market of printed, flexible and organic electronics in 2020, up 11.0% YoY ADVANCED ELECTRONICS • USD 63.3bn - estimated value of this market in 2025, with USD 74.1bn estimated in 2030 • 9.0% - CAGR 2020–2025 DISPLAYS ADVANCED INTEGRATED CIRCUIT A
Slide 7: Company Development Phase
COMPANY DEVELOPMENT PHASE NEXT STEP CURRENT PHASE • integration of XTPL INITIAL TECHNOLOGY Printing Module to • Research & Development industrial equipment DEVELOPMENT PHASE • rapid prototyping • continuous supply of ink • commercialization of the Delta and nozzles + cartridges • development of the
Slide 8: The Uniqueness of the XTPL Ultra-Precise Deposition Technology
THE UNIQUENESS OF THE XTPL ULTRA-PRECISE DEPOSITION TECHNOLOGY The XTPL technology stands out from other methods in terms of both viscosity and structure sizes, which makes it unique on the market • ability to print high viscous materials along with small feature sizes • high aspect ratios just afte
Slide 9: XTPL Products
XTPL PRODUCTS Microelectronics rapid prototyping possibilities to the feature sizes and applications previously unavailable to other printing techniques HIGH-RESOLUTION DELTA HIGHLY- HIGHLY- „EPSILON” PRINTING CONCENTRATED CONCENTRATED PRINTING MODULE SYSTEM NANOINKS NANOINKS FOR INTEGRATION ▪ print
Slide 10: International Business Partners
INTERNATIONAL BUSINESS PARTNERS XTPL DISTRIBUTORS BANDI CONSORTIA YI XIN Semitronics* (South Korea) (China and Hong Kong) (British Isles) XTPL has established cooperation with Bandi XTPL is expanding its presence in the Chinese XTPL intends to introduce its technology Consortia to support the commer
Slide 11: Commercialization of the XTPL Products
COMMERCIALIZATION OF THE XTPL PRODUCTS HIGH-RESOLUTION DELTA HIGHLY- „EPSILON” PRINTING CONCENTRATED PRINTING MODULE SYSTEM NANOINKS FOR INTEGRATION xtpl.com 11
Slide 12: High-Resolution Epsilon Printing Module for Integration
HIGH-RESOLUTION „EPSILON” PRINTING MODULE FOR INTEGRATION Basic information: Goal: • innovative printing head with compatible • printing module for integration with nanoinks enables ultra-precise creation of industrial equipment conductive lines on the selected substrate • thanks to the integrabilit
Slide 13: Current Industrial Project Pipeline
CURRENT INDUSTRIAL CURRENT INDUSTRIAL PROJECT PIPELINE PROJECT PIPELINE (only projects in Stage 2 and above shown) (only projects in Stage 2 and above shown) STAGE 0 STAGE 1 STAGE 2 STAGE 3 STAGE 4 STAGE 5 INDUSTRY AND PARTNER / Base-technology Initial contact and Technology Evaluation Technology In
Slide 14: Delta Printing System
DELTA PRINTING SYSTEM Goal: Key information: • XTPL technology demonstrator • an independent R&D system for rapid • building the credibility of XTPL in the industry prototyping using XTPL’s® UPD technology by key opinion leaders (an industry expert) • product developed in 2020 and raising awareness
Slide 15: Delta Printing System: Commercialisation and Pipeline
DELTA PRINTING SYSTEM: COMERCIALISATION AND PIPELINE Q3’2021 Q3’2021 Until the first industrial implementation, the company decided OFFER MADE DEMO PROJECTS AND SALES CONTRACT SIGNED to sell its products in the form of a printer and nanoinks in TO A POTENTIAL CLIENT NEGOCIACIONS IN TOTAL* order to s
Slide 16: XTPL Nanoinks
XTPL NANOINKS Inks dedicated to different technology types: • they have dedicated physicochemical properties enabling full utilization of the UPD method’s potential • the inks are products that can be commercialized separately • developed ink formulations dedicated to the most comprehensive printing
Slide 17: Nanoinks: Commercialisation and Pipeline
NANOINKS: COMERCIALISATION AND PIPELINE* SAMPLE SENT TO SALES CONTRACT OFFER MADE TO A POTENTIAL CLIENT AND SIGNED** AND POTENTIAL CLIENT NEGOTIATIONS PRODUCT DELIVERED 16 5 6 Key milestones: • 6 independent orders from the EMEA region and USA • 26 orders from the beginning of the commercialization
Slide 18: Technology and R&D – Summary of Q3'2021
TECHNOLOGY AND R&D – SUMMARY OF Q3’2021 • developing a technique for printing electronic connections in advanced integrated circuits, demonstrating heterogeneous filling of the structure: printing with In Q3 2021, XTPL actively participated in 5 international an insulating material on the outside, a
Slide 19: Micro Via Filling – Multilayers
MICRO VIA FILLING – MULTILAYERS Cross-section made using the Focused Ion Beam (FIB) device through a structure imitating an integrated circuit. Insulating material (Polyimide) was printed on the outside, while conductive material (XTPL Ag CL85) was printed on the inside. Ag NANOPASTE printed INSULAT
Slide 20: Printed RDL (Redistribution Layer)
PRINTED RDL (REDISTRIBUTION LAYER) The technology team has started work on the development of an additive technique for creating a high-resolution redistribution layer (RDL)* for integrated circuits xtpl.com CONFIDENTIAL *A platform that connects integrated circuit components 20
Slide 21: Ultraprecise Deposition of Various Materials
ULTRAPRECISE DEPOSITION OF VARIOUS MATERIALS One of the examples of the UPD technology demonstration for a potential customer interested in the Delta Printing System device. Presentation of the possibility of printing various materials: low-temperature conductive ink, conductive polymer PEDOT:PSS, X
Slide 22: Development of the Delta Printing System
DEVELOPMENT OF THE DELTA PRINTING SYSTEM • developed and implemented new functionalities to enhance the capabilities of the Delta Printing System • delivered software that enables automatic conversion of CAD files into a script language that can be read by device drivers • new improvements and updat
Slide 23: Intellectual Property Protection – Summary
INTELLECTUAL PROPERTY PROTECTION – SUMMARY XTPL’s global solutions are being systematically secured by expansion of the patent INTELLECTUAL cloud. Intellectual property is a product and a competitive advantage, while PROPERTY development of the patent cloud has a major impact on the Company’s value
Slide 24: Q1-3 2021 Financial Results – Summary
Q1-3 2021 FINANCIAL RESULTS – SUMMARY * figures in EUR thousand Q1-3 2021 Q1-3 2020 • an increase in revenues from the sale of products due to Revenue from sales 47 10 the commercialization of XTPL solutions under two business Grants (refunds and advances) 571 452 lines Operating costs 1.425 1.484 •
Slide 25: Cash Flow
CASH FLOW * figures in EUR thousand xtpl.com 25
Slide 26: Analytical Coverage by Stifel Europe Bank AG
ANALYTICAL COVERAGE BY STIFEL EUROPE BANK AG Stifel Europe Bank AG is European institution in the financial services sector specializing in the areas of equity brokerage, investment banking and fixed income. The scope of its analysis currently covers shares of 400 companies, mainly from Europe. XTPL
Slide 27: XTPL Virtual Investor Day
XTPL VIRTUAL INVESTOR DAY Basic information • date: September 14, 2021 • number of participants: ~ 200 people • form: live presentation with the XTPL Management Board and video materials with key employees, selected business partners as well as showing the company's assets and a Q&A session Purpose
Slide 28: Why XTPL? – Summary
WHY XTPL? – SUMMARY XTPL is a global player in the rapidly growing printed electronics market, with a targeted development strategy, an interdisciplinary team of experts and support from stable shareholders. It offers global business partners the world’s most precise, platform printing technology, p
Slide 29: Thank You
CONTACT FOR INVESTORS: investors@xtpl.com XTPL S.A. Stabłowicka 147 54-066 Wrocław, Poland xtpl.com THANK YOU
Slide 30: Disclaimer
DISCLAIMER This presentation has been prepared by XTPL S.A. (“Company”) for the sole purpose of giving an introduction on the business of the Company. The presentation: • has selected information; it does not give a comprehensive description of business or financial analysis of the Company; • is not