Slide 1: Financial Results H1 & Q2 2025
Financial Results H1 & Q2 2025 XTPL S.A. (WSE:XTP) September 26, 2025
Slide 2: Agenda
Agenda 01 Executive Summary 02 Business Development 03 Financial Results H1 & Q2 2025 04 Strategy Update 2026-2028 05 Summary 2
Slide 3: Executive Summary
XT9L 01 Executive Summary
Slide 4: Executive Summary H1 2025
Executive Summary H1 2025 Summary of the most important achievements and events in the period from January 1 to September 26, 2025 Industrial implementations PLN 5.1 million ▪ The first industrial deployment is underway – 4 out of the initial batch of 6 UPD sale of products and services in H1 2025 (
Slide 5: Business Development
XT9L 02 Business Development
Slide 6: Leader in ultra-precise nanoprinting technology
Leader in ultra-precise nanoprinting technology XTPL is a global player in the rapidly growing printed electronics market, leveraging disruptive technology and an interdisciplinary team of experts, with the ambition to increase commercial sales tenfold by the end of 2028 and a strong outlook for con
Slide 7: Global reach of XTPL portfolio
Global reach of XTPL portfolio XTPL has successfully commercialized its products in >20 countries and is conducting UPD technology evaluations with global printed electronics manufacturers for future industrial implementations. Consistent strengthening of XTPL technology’s recognition and presence i
Slide 8: A portfolio tailored to the needs of global clients
A portfolio tailored to the needs of global clients XTPL is continuously engaged in R&D, expanding the functionality and potential of its individual business lines while developing new product ranges to meet market demand. An increase in the commercialization of any business line drives growth in ot
Slide 9: First-ever industrial deployment underway
First-ever industrial deployment underway Proven potential and credibility of the technology in the eyes of global partners. The successful from lab-to-fab transition of XTPL technology acts as a catalyst for other projects in the pipeline and opens new business opportunities. 4 units 6 units UPD mo
Slide 10: Pipeline of projects exceeding the PLN 100 million target
Pipeline of projects exceeding the PLN 100 million target A geographically diverse pipeline of projects spanning various application areas, aimed at the industrial implementation of the UPD technology. If successfully validated and fully implemented, the 10 projects that are currently at least at se
Slide 11: Evaluation of key industrial projects
Evaluation of key industrial projects There are 5 entities worldwide testing prototype industrial machines integrated with the UPD module. The partners and end clients are leading global manufacturers of advanced electronics. The decision to implement the solution at an industrial scale reflects bot
Slide 12: Delta Printing System as a technology demonstrator
Delta Printing System as a technology demonstrator 2025 2020 2021 2022 2023 2024 41 units 7 units DPSs ordered 1 4 7 13 9 YTD* 7 DPSs ordered since DPSs ordered from DPSs delivered 1 3 3 13 12 6 the start of the 2020/21 January 1 to commercialization September 26, 2025 *As at September 26, 2025 DPSs
Slide 13: Development of a new product: Delta Printing System+
Development of a new product: Delta Printing System+ A new business line consisting of DPS+ devices, aimed at bridging the gap between DPS devices and UPD modules. It is being developed in response to identified market demand and is currently in an advanced R&D phase. The commercialization of this n
Slide 14: XTPL's strong presence at global industry events
XTPL’s strong presence at global industry events Enhancing XTPL’s global visibility through participation in major international industry events. Careful and focused targeting of key conferences generates more business meetings and sales opportunities, reinforcing XTPL’s position as an expert in the
Slide 15: Financial Results H1 & Q2 2025
03 Financial Results H1 & Q2 2025 15
Slide 16: DPS devices and UPD modules: XTPL's revenue drivers
DPS devices and UPD modules: XTPL’s revenue drivers Figures in PLN thousand Revenues from the Commercial sales of commercial sales of products and services products and services share in total revenues ▪ 4 DPS devices delivered and settled in H1 2025 13 418 buyers include among others University of
Slide 17: Strong cost discipline and expenditure optimization
Strong cost discipline and expenditure optimization Figures in PLN thousand H1 2025 H1 2024 Q2 2025 Q2 2024 Revenue from the sale of products ▪ A high inventory level of PLN 4.2 million secures key 5 132 5 643 3 108 2 899 and services components for DPS device production and creates Grants (reimburs
Slide 18: XTPL cash flows in H1 2025
XTPL cash flows in H1 2025 Figures in PLN thousand 2 779 871 14 5 132 436 1 479 1 628 27 686 17 144 15 795 01.01.2025 sale of products depreciation grants working capital investing flows cost of goods sold other flows operating costs 30.06.2025 18
Slide 19: Strategy Update 2026-2028
04 Strategy Update 2026-2028 19
Slide 20: 2026–2028 Strategy aligned with market realities
2026–2028 Strategy aligned with market realities After nearly three years of implementing the 2023–2026 Strategy, during which the Company achieved most of its planned objectives, the approach to industrial implementations is being adjusted to better align the organization with the pace of market ad
Slide 21: Investment program implementation summary
Investment program implementation summary Between 2023 and 2025, XTPL successfully executed an investment program worth nearly PLN 60 million, focusing on strengthening key areas: sales, production, R&D and organizational development aligning internal processes with strategic objectives. The impleme
Slide 22: A detailed plan to achieve PLN 100 million in sales
A detailed plan to achieve PLN 100 million in sales XTPL's 2026-2028 strategy aims to achieve PLN 100 million in revenues from the sale of products and services in 2028 and EBITDA margin of at least 20%. The implementation of the plan is based on the diversified involvement of all business lines, in
Slide 23: Potential sources of financing to cover the funding gap
Potential sources of financing to cover the funding gap The adopted 2026–2028 Strategy identifies a funding gap of approximately PLN 15–20 million in Q2 2026. Consequently, XTPL is pursuing four parallel processes to secure financing for 2026, when the expected commercialization of the new DPS+ busi
Slide 24: Outlook for XTPL's business lines within the Strategy
Outlook for XTPL’s business lines within the Strategy 2026 2027 2028 Further industrial Multiple simultaneous industrial implementations with leading global UPD modules implementations manufacturers of next-generation electronics 10-20 DPS 15-30 DPS Sales growth year-on-year devices sold devices sol
Slide 25: Summary
XT9L 05 Summary
Slide 26: XTPL is ready to scale sales
XTPL is ready to scale sales XTPL has the resources, expertise and experience required to rapidly scale sales to PLN 100 million by 2028. The 2026–2028 Strategy takes into account the time-consuming processes aimed at the industrial implementation on the production lines of leading global next-gener
Slide 27: Disclaimer
Disclaimer This presentation has been prepared by XTPL S.A. (“Company”) for Any copying, distribution or dissemination of this presentation the sole purpose of giving an introduction on the business of the requires the Company's consent. Any person wishing to undertake Company. the above activities
Slide 28: Thank you
Thank you XTPL S.A. Legnicka 48E 54-202 Wrocław, Poland xtpl.com Contact for investors: investors@xtpl.com Mardoniusz Maćkowiak mardoniusz.mackowiak@ccgroup.pl +48 605 959 539
Slide 29: Appendix
XT9L Appendix
Slide 30: XTPL is changing the way electronics are produced
XTPL is changing the way electronics are produced XTPL technology provides solutions unattainable with methods previously available in the market. It is unparalleled in terms of resolution, viscosity and the size of conductive structures, which can be as small as 1 μm (one millionth of a meter or on
Slide 31: Wide application of the unique XTPL Technology
Wide application of the unique XTPL Technology Conductive nanostructures applied with high-density ink enable the production and repair of advanced electronics. Key features of UPD technology: micro-sizes, high viscosity, flexible shapes and varied substrates. See XTPL technology at work: https://ww
Slide 32: Patent cloud secures XTPL technology
Patent cloud secures XTPL technology Intellectual property is one of the key competitive advantages of XTPL and its global solutions are being systematically secured by expansion of the patent cloud with protection obtained from the moment of patent submission. Patent groups of submitted application
Slide 33: XTPL solutions address global trends
XTPL solutions address global trends Nanoprinting is a technology that responds to the new challenges faced by the production of advanced electronics. It enables cost-effective, scalable and rapid reduction of electronic dimensions, while ensuring high resolution. Global Megatrends in advanced elect
Slide 34: The first foreign Demo Center
The first foreign Demo Center The center is located in a key market for modern technologies – Boston, USA. It is part of a new technology incubator, attracting innovators and technology corporations that seek new solutions. The Boston metropolitan area alone is home to over 40 higher education insti
Slide 35: Stable, long-term and diversified shareholder structure
Stable, long-term and diversified shareholder structure Listed on the Main Market Listed on Open Market Shareholder structure of XTPL S.A. of the Warsaw Stock Exchange at Deutsche Börse Frankfurt (according to General Meeting since February 2019 since March 2020 of Shareholders on June 27th, 2025) S