On the risk of delisting of Class A ordinary shares of Desktop Metal, Inc. (DM)

The International Trading System Limited (hereinafter – ITS) hereby informs on the delisting risk of Class A ordinary shares of Desktop Metal, Inc. (ISIN US25058X1054, hereinafter – Shares, QI) from the New York Stock Exchange LLC (hereinafter – NYSE).

 Information on the delisting risk of ordinary shares by NYSE

On November 29, 2023, Desktop Metal, Inc. (hereinafter – the Company) submitted Current report on Form 8-K to The United States Securities and Exchange Commission (the “SEC”). According to the report, on November 22, 2023, the Company was notified by NYSE Regulation that the Company was not in compliance with the NYSE continued listing criteria under Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company’s common stock was less than $1.00 over a consecutive 30 trading-day period.

The Company notified the NYSE of its intent to regain compliance with the requirements of Section 802.01C. Pursuant to Section 802.01C, the Company has a period of six months following receipt of the Delisting Notice to regain compliance with the Minimum Price Requirement. For more information, please refer to the report available on the SEC website.

Information regarding possible actions to be taken by ITS Ltd.

ITS Ltd. (hereinafter – ITS) conducts regular monitoring of the relevant information disclosed by the Company. Delisting of the Company’s securities (hereinafter – Qualified Investments) by NYSE will be considered to costitute a breach of the ITS Regulations on admitting financial instruments to trading and result in termination of trading in the Qualified Investments on ITS. In case NYSE decides to suspend trading in the Company's securities until the date of their delisting on NYSE, ITS may make a similar decision.