XXL ASA – Notice of extraordinary general meeting in connection with the private placement

27 Dec 2022 11:34 CET

NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR
ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES
DESCRIBED HEREIN.

Oslo, 27 December 2022: Reference is made to the stock exchange announcement
made by XXL ASA (the "Company") on 22 December 2023 regarding the successful
placement of a private placement of new shares to raise gross proceeds of NOK
500,000,000 (the "Private Placement").

The Company hereby calls for an extraordinary general meeting to be held on
Tuesday 17 January 2023 at 09:00 hours (CET) for the general meeting to resolve
on (i) the issuance of new shares in connection with settlement of the Private
Placement, and (ii) providing the board of directors with an authorisation to
issue new shares in connection with a contemplated subsequent offering. The
general meeting will be held electronically through Lumi AGM.

The notice and agenda of the general meeting is attached to this stock exchange
announcement, and will also be made available on the Company's webpage
https://www.xxlasa.com/investor/. Further information about digital attendance
to the meeting is included in the notice.


For further queries, please contact:
Investor Relations:
Tolle. O. R. Grøterud
Tel: +47 90 27 29 59
E-mail: ir@xxlasa.com

Press contact:
Andreas Nyheim
Tel: +47 952 11 779
E-mail: presse@xxl.no

About XXL ASA:
XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden,
Finland, Denmark and Austria. It is the largest among the major sports retailers
in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop
experience with a wide range of products for sports, hunting, skiing, biking and
other outdoor activities. XXL’s concept is to have the largest stores with the
best prices and the widest assortment of products, focusing on branded goods.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

579208_Notice of Extraordinary General Meeting XXL ASA - Innkalling til ekstraordinær generalforsamling XXL ASA.pdf