XXL ASA – New share capital registered

03 Apr 2023 11:00 CEST

Oslo, 3 April 2023: Reference is made to the stock exchange announcement made by
XXL ASA (the "Company") on 7 March 2023 regarding the subsequent offering of up
to 27,027,027 new shares ("Offer Shares") in the Company, each with a nominal
value of NOK 0.40, at a subscription price of NOK 3.70 (the "Subsequent
Offering"). Further, reference is made to the stock exchange announcement made
by the Company on 21 March 2023, regarding the final result of the Subsequent
Offering and where the Company announced that it had received valid
subscriptions for a total of 372,913 Offer Shares in the Subsequent Offering.

The share capital increase pertaining to the issuance of the 372,913 new shares
in the Subsequent Offering has today been registered with the Norwegian Register
of Business Enterprises (Nw. Foretaksregisteret). The new shares will be issued
in Euronext Securities Oslo (CSD) on the listed ISIN NO 0010716863.
The Company's registered share capital is NOK 155,177,882.40 divided into
387,944,706 ‬shares, each with a nominal value of NOK 0.40.

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

About XXL:
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 of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act

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