Slide 1: Financial results Q1-Q3 & Q3 2023, Strategy 2023-2026
Financial results Q1-Q3 & Q3 2023 Strategy 2023-2026 Presentation for investors 22 November 2023
Slide 2: 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 3: Agenda
Agenda 01 Financial results 05 Our offer 02 Where we are, where we are headed 06 Strategic goals and initiatives 03 Our technology 07 Financing the 10x growth 04 Target market 08 Summary Strategy 2023-2026 3
Slide 4: Financial results for Q1-Q3 & Q3 2023
01 Financial results for Q1-Q3 & Q3 2023 4
Slide 5: Executive summary Q1-Q3 & Q3 2023
Executive summary Q1-Q3 & Q3 2023 PLN 9.2 million revenues from the sale of products and services ▪ Adopting Strategy for 2023–2026 to achieve a 10x growth in revenues from the sale of in Q1–Q3 2023 up +38% YoY (+PLN 2.5 million YoY) products and services to PLN 100 million by the end of 2026. PLN 3
Slide 6: Strong growth of revenues from the sale of products – Q1–Q3 2023 summary
Strong growth of revenues from the sale of products – Q1–Q3 2023 summary *figures in PLN thousand ▪ Completed transition from an R&D-focused firm Revenues from the commercial sale of the into a business that successfully products and services commercializes its products and technology Commercial sal
Slide 7: Financial results – summary for Q1-Q3 & Q3 2023
Financial results – summary for Q1-Q3 & Q3 2023 *figures in PLN thousand Q1-Q3 2023 Q1-Q3 2022 Q3 2023 Q3 2022 ▪ 38% increase in revenues from the sale of products and services in Q1–Q3 2023 YoY – higher Total revenues 10 827 8 518 3 939 3 732 sales of DPSs and increase in payments from Revenues fro
Slide 8: Cash flows – Q1–Q3 2023 summary
Cash flows – Q1–Q3 2023 summary *figures in PLN thousand 60 000 1 236 2 700 50 000 9 171 2 172 2 722 33 502 4 912 40 000 30 000 11 070 20 000 31 743 10 000 6 010 0 1.01.2023 other cash flows sale of products grants depreciation cost of finished working cash flows from operating costs 30.09.2023 good
Slide 9: Strategy 2023-2026
X19°L Strategy 2023-2026
Slide 10: XTPL transformation geared towards a further growth in value
XTPL transformation geared towards a further growth in value XTPL in 2022 XTPL in 2026 Business development and sales area Revenues from the sale of Revenues from the sale of PLN 10 million PLN 100 million products and services products and services Industrial implementations First full industrial i
Slide 11: Where we are, where we are headed
02 Where we are, where we are headed 11
Slide 12: Business underpinned by proven needs of global players in advanced electronics
Business underpinned by proven needs of global players in advanced electronics Business scaling XTPL today ▪ First industrial implementation to take Development of technology ▪ Recognizable brand and international sales place in H2 2024 with subsequent and business of proprietary products integratio
Slide 13: Solid foundations for further business growth
Solid foundations for further business growth The development to date laid stable foundations for the company’s continued rapid growth Stable financial position supported by Effective development strategy for Implementation of industrial projects at proceeds from the share issue completed the commer
Slide 14: Growth geared towards shaping the nanofuture
Growth geared towards shaping the nanofuture Mission Strategic goal XTPL is a leading provider of nanoprinting solutions. Commercialization of our platform technology of ultra-precise We shape the global nanofuture. printing of nanomaterials in the area of advanced electronics. Vision Key developmen
Slide 15: Our technology
X19°L 03 Our technology
Slide 16: Technology that changes the way electronics is produced
Technology that changes the way electronics is produced The XTPL technology provides solutions unattainable by any other methods available in the market and is unrivaled in terms of resolution, viscosity and size of conductive structures up to 1 um (one millionth of a meter) Precise application and
Slide 17: Applications of XTPL’s ultra-precise deposition
Applications of XTPL’s ultra-precise deposition Conductive nanostructures deposited with high-density ink enable the production and repair of advanced electronics UPD technology is characterized by: micro size, high viscosity, flexible shapes and diverse substrates To find out more, go to: https://w
Slide 18: Strategic approach to securing intellectual property
Strategic approach to securing intellectual property Intellectual property is one of the key competitive advantages of XTPL. XTPL's global solutions are being systematically secured by expanding the patent cloud, protecting them from the moment the application is submitted to the patent office. Pate
Slide 19: Target market
X19°L 04 Target market
Slide 20: A revolution in the manufacture of advanced electronics
A revolution in the manufacture of advanced electronics Nanoprinting is a technology that addresses new challenges facing the manufacturers of advanced electronics. It ensures cost-effective, scalable and incremental reduction of the size of electronics while maintaining high resolution. Global mega
Slide 21: Target market segments for XTPL
Target market segments for XTPL Modules for industrial implementation Delta Printing System (DPS) High Performance Materials (HPM, nanotusze) Repair of masks for photolithography Advanced packaging 3D bonding Die attach / Silver (microbumps) RDL prototyping sinterpaste SEMICONDUCTORS SEMICONDUCTORS
Slide 22: Growing market for XTPL solutions
Growing market for XTPL solutions USD 51 bn USD 66 bn 7% value of the global market of printed, flexible estimated value of this market in 2026, CAGR in 2022-2026 and organic electronics in 2022 , up 8% YoY with an estimated growth to USD 74bn in 2030 Advanced electronics sectors in which XTPL Other
Slide 23: Our offer
X19°L 05 Our offer
Slide 24: Adjusted portoflio responding to customers' needs
Adjusted portoflio responding to customers' needs XTPL is engaged in continuous R&D that increases the functionality and potential of individual business lines Greater commercialization of any business line drives growth in other lines Modules for industrial Delta Printing System High Performance Ma
Slide 25: Global range of commercialization of the XTPL portfolio
Global range of commercialization of the XTPL portfolio XTPL successfully commercializes its products in An effective commercialization model 18 countries now and conducts technology evaluations at global players in the printed Own sales and distribution of proprietary electronics sector. products g
Slide 26: Advantages of XTPL Customers
Customer value proposition Modules for industrial implementation Delta Printing System (DPS) High Performance Materials (HPM) Customers Industrial solution providers Electronics manufacturers Industrial solution Electronics Materials University Industry Engineering departments R&D and production R&D
Slide 27: Support from a Supervisory Board with diverse experience
Support from a Supervisory Board with diverse experience Wiesław Bartosz Piotr Beata Prof. Herbert Rozłucki, PhD Wojciechowski, PhD Lembas Turlejska Wirth Chairman Deputy Chairman Supervisory Board Member Supervisory Board Member Supervisory Board Member A graduate of the Foreign Trade Obtained a de
Slide 28: Interdisciplinary team of experts
Interdisciplinary team of experts Filip Granek (PhD) Jacek Olszański CEO CFO >70 experts Aneta Mirosław Woszczyna Wiatrowska (PhD) (PhD) Ludovic Schneider (PhD) Technology BL Director Industrial BL Director Industrial Projects 2 BL Director HPM Long-standing team with advanced knowledge Projects 1 a
Slide 29: Executive Office Filip Granek and Jacek Olszański
Executive Office Filip Granek and Jacek Olszański Finance and BL Industrial Projects 1 Marketing Administration BL Industrial Projects 2 Sales Purchase and Logistics BL DPS PMO HR BL HPM R&D & IP Investor Relations Production & Customer Care Business Units Functional Units 29
Slide 30: XTPL’s responsible business
XTPL’s responsible business Doing business responsibly has always been important to XTPL, and our proprietary UPD technology ensures: saving materials and energy in the advanced electronic production process, and reducing the amount of waste Environment Equal opportunities Responsible governance ▪ D
Slide 31: Strategic goals and initiatives
06 Strategic goals and initiatives 31
Slide 32: Expected 10x increase in product sales and rapid EBITDA growth
Expected 10x increase in product sales and rapid EBITDA growth A 10-fold increase in revenues from the sale of products and services and high-margin business helped by the scaling of three complementary, independent business lines and operational excellence Revenues from the sale of products EBITDA
Slide 33: A precise plan for sales strategy execution
A precise plan for sales strategy execution PLN 100 million in revenues from the sale of products and services on the back of a plan underpinned by precise sales activities in three business lines Estimated share of revenues by PLN 100 million in revenues from the sale of products and services busin
Slide 34: Adaptation of processes in individual areas to support strong growth
Adaptation of processes in individual areas to support strong growth PROCESSES MODULES FOR INDUSTRIAL IMPLEMENTATION DELTA PRINTING SYSTEM (DPS) HIGH PERFORMANCE MATERIALS (HPM, nanoinks) GRANTS TO SUPPORT R&D Developing comprehensive R&D solutions, including new product generations Effective develo
Slide 35: Financing the 10x growth
07 Financing the 10x growth 35
Slide 36: Investments planned to execute strategy and respond to customer needs
Investments planned to execute strategy and respond to customer needs An investment program of approx. PLN 60 million in 2023–2026 to be used to drive strong growth and support the vision of the 10-fold increase in revenues from the sale of products and services Expected division of the investments
Slide 37: Effective cash management and strategy execution coupled with financial security
Effective cash management and strategy execution coupled with financial security A significant part of financing secured The remaining part of the financing is to come mainly by the last share issue from equity (operating cash flows) PLN 36.5 million gross raised as part of the offer of series V sha
Slide 38: Summary
X19°L 08 Summary
Slide 39: 2023–2026 development strategy ensuring growth of XTPL value
2023–2026 development strategy ensuring growth of XTPL value The solid foundations built to date Strategic goal: commercialization of platform provide the opportunity for further rapid technology, taking into account targeted markets, growth customized offer, operational excellence, and the strong,
Slide 40: Thank you
Thank you XTPL S.A. Stabłowicka 147 54-066 Wrocław, Poland xtpl.com Contact for investors: investors@xtpl.com Małgorzata Młynarska Mardoniusz Maćkowiak Investor Relations Manager, cc group Financial Communications Manager, cc group malgorzata.mlynarska@ccgroup.pl mardoniusz.mackowiak@ccgroup.pl +48