The Board of Directors of XDL wishes to announce that XDL had on 3 June 2020 entered into an Exclusive Distribution Agreement with Seacera Polymer Sdn Bhd (200001006535)(509140-X) (“Seacera”) (“Agreement”) to appoint Seacera as the exclusive distributor with the exclusive right to resell and distribute XDL’s protective clothing products (non-medical purpose) in all states of Malaysia in which it is legal to sell the products, without restriction. The protective clothing products would be manufacturing by XDL’s existing production facilities.

Please refer to the attachment for further details on the Agreement.

This announcement is dated 3 June 2020.