Slide 1: Investor's Presentation for Q1 2020
INVESTOR’S PRESENTATION FOR Q1 2020 XTPL S.A. May 27, 2020 xtpl.com
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Slide 3: Agenda
AGENDA EQUITY STORY 1. 2. 3. 4. 5. TECHNOLOGY APPLICATIONS VALUE MARKET COMMERCIALIZATION 6. 7. 8. 9. 10. PIPELINE EVENTS FINANCE TEAM VISION xtpl.com 3
Slide 4: Equity Story
EQUITY STORY XTPL develops the most precise printing technology in the world applicable in the rapidly growing electronics market. Global value of printed, flexible and Value of printed electronics $ 74 billion organic electronics market in 2030 market in 2018 $ 10 billion Number of application fiel
Slide 5: Technology Breakthrough
TECHNOLOGY BREAKTHROUGH XTPL’s nanoprinting method is ground-breaking. This is because of a unique combination of several features: it offers the level of precision it allows for the traditional additive method it does not require electric field, that cannot be achieved by any advantages of print –
Slide 6: Technology Precision
TECHNOLOGY PRECISION CURENT STANDARD XTPL METHOD The minimum feature size is 20 μm The minimum current feature size is 1 μm Due to the progressing miniaturization and growing complexity of devices, the market expects precision at the level of single micrometers. Such a precision cannot be provided b
Slide 7: Technology: Additive vs Subtractive Method
TECHNOLOGY ADDITIVE VS SUBTRACTIVE METHOD APPLICATION TIME AND COSTS ENVIRONMENT SUBSTRATE ADDITIVE Precise application/ simple process Effective and flexible Safe for the environment Most substrates/ even curved ones SUBTRACTIVE Removal of unnecessary material to Time and material consuming Require
Slide 8: Technology Comparison
TECHNOLOGY COMPARISON XTPL nanoprinting technology eliminates all the disadvantages of methods comparable in various application fields PARAMETERS INKJET EHD LCVD LITHOGRAPHY XTPL low high average very high high precision up to several tens of up to single micrometers up to several micrometers at th
Slide 9: Technology Protected Intellectual Property
TECHNOLOGY PROTECTED INTELLECTUAL PROPERTY XTPL global solution is systematically secured by expanding the patent cloud. The company has already submitted 15 patent applications. Unique and well-protected intellectual property • is a product • determines the company's market position • significantly
Slide 10: Applications Platform Character
APPLICATIONS PLATFORM CHARACTER • The global value of printed, flexible and organic electronics market amounted to $ 37.1 billion in 2019 ADVANCED ELECTRONICS • Its estimated value in 2030 is $74 billion • CAGR 2019–2030 – 6.5% Production of technologically advanced devices using STRONG MEGATREND co
Slide 11: Market: First Targeted Markets
MARKET FIRST TARGETED MARKETS SMART GLASS DISPLAYS XTPL technology used for creating XTPL technology used for repairing invisible conductive structures for open defects occurring during display glass conversion production WYŚWIETLACZE 2 μm 5 μm Application: smart glass Application: open defect repai
Slide 12: Commercialization Business Model
COMMERCIALIZATION BUSINESS MODEL LICENSING • the company develops technological solution dedicated to a particular application field and license it to a partner • on its basis, the partner builds devices that allow the technology to be used in the industry • the company generates revenues from one-o
Slide 13: Pipeline
PIPELINE Verified sales prospects in several Active projects with large international corporations 8 >100 application fields CLIENT A CLIENT B CLIENT C CLIENT D CLIENT E CLIENT F CLIENT G CLIENT H Manufacturer of Manufacturer of Manufacturer of Manufacturer of Smart glass equipment Manufacturer of d
Slide 14: Events: Herbert Wirth in the Supervisory Board
EVENTS HERBERT WIRTH IN THE SUPERVISORY BOARD JANUARY 2020 • on 9 January 2020, XTPL shareholders appointed Prof. Herbert Wirth, the former CEO of KGHM Polska Miedź S.A., to the company’s Supervisory Board • Mr. Wirth has significant experience in business development on global markets and unique co
Slide 15: Events: Cooperation with Cowin
EVENTS COOPERATION WITH COWIN FEBRUARY 2020 • on 28 February, XTPL S.A. and Suzhou Cowin Laser Technology Co Ltd based in China signed a Technology Evaluation Agreement (TEA) • Cowin is looking for a technology for repairing open defects in new generation displays • The aim of the proof of concept s
Slide 16: Events: First Commercial Orders
EVENTS FIRST COMMERCIAL ORDERS MARCH 2020 • XTPL carried out three sales transactions of nanoink based on silver nanoparticles • nanoink is one of the key elements of the XTPL technology, protected by international patent applications • two deliveries were carried out for the partners operating in t
Slide 17: Events: Dual Listing
EVENTS DUAL LISTING MARCH 2020 • on 6 March 2020, the Frankfurt Stock Exchange consented to admit XTPL shares to the Quotation Board segment, which is a part of the Open Market • this step will facilitate the purchase of XTPL shares by investors, where such factors as valuation in EUR or the transac
Slide 18: Events: Expansion of the Patent Portfolio
EVENTS EXPANSION OF THE PATENT PORTFOLIO The first two patent applications submitted in 2020 are related to the method and apparatus for characterising and optimising ink flow in the printing head. This method is generic and can be applied not only to XTPL technology, but also to other printing tech
Slide 19: Update: COVID-19 – Impact on XTPL
UPDATE COVID-19 – IMPACT ON XTPL MARKET IMPACT IMPACT ON INTERNAL ACTIVITIES • The Company is well prepared internally for remote work. Technological • XTPL activities and target markets are not among the activities are executed continuously in our labs under appropriate safety ones which are heavil
Slide 20: Finance: Selected Consolidated Financial Data
FINANCE DANE FINASOWE WYBRANE SELECTED CONSOLIDATED FINANCIAL DATA BALANCE SHEET STRUCTURE CASH FLOWS NET REVENUE FROM SALES Net cash flows from investing activities Net cash flows from operating activities Net cash flows from financing activities * figures in EUR thousand xtpl.com 20
Slide 21: Finance: Selected P&L
FINANCE DANE FINASOWE WYBRANE P&L 01.01.2020 - 31.03.2020 WITHOUT ESOP WITH ESOP Revenue from sales 212 212 Research and development expenses 177 267 Gross profit (loss) 35 -55 General and administrative expenses 417 776 Other operating income and operating costs 0 0 Operating profit (loss) -383 -83
Slide 22: Supervisory Board in Poland and Board in USA
TEAM XTPL SUPERVISORY BOARD IN POLAND AND MANAGEMENT MILESTONES / KPI BOARD IN USA WIESŁAW ROZŁUCKI HERBERT WIRTH CHAIRMAN OF THE SUPERVISORY BOARD SUPERVISORY BOARD MEMBER Co-founder and former president of the Former President of the Management Board of Warsaw Stock Exchange KGHM S.A. He has vast
Slide 23: Team: XTPL Milestones / KPI
TEAM XTPL MILESTONES / KPI Filip Granek MANAGEMENT BOARD, Currently 30 people in Poland and the United States CEO Filip Auksztol TECHNOLOGY BUSINESS BUSINESS DEVELOPMENT an interdisciplinary, well-balanced business leaders & highly skilled team with advanced knowledge & professionals who possess kno
Slide 24: Vision
VISION VISION In the near future, we will print displays, solar cells, biosensors and other advanced elements just as cheaply and quickly as we print newspapers or books today. This is not just a vision any more. With XTPL nanoprinting technology, this is a fast approaching reality! xtpl.com 24
Slide 25: Thank You
XTPL S.A. Stabłowicka 147 54-066 Wrocław, Poland xtpl.com THANK YOU
Slide 26: 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