XXL ASA – Registration of reverse share split

26 Jul 2024 11:03 CEST

Oslo, 26 July 2024: Reference is made to the stock exchange announcement made by
XXL ASA (the "Company") on 4 June 2024, regarding the Company's annual general
meeting resolving a reverse share split of the Company's shares in the ratio
100:1. The reverse share split has today been registered with the Norwegian
Register of Business Enterprises.

Following the registration, the share capital of the Company is NOK
985,429,800.00 divided into 19,562,807 ordinary shares (class A-shares) and
5,072,938 non-voting shares (class B-shares), in total 24,635,745 shares, each
with a nominal value of NOK 40.

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

Press contact:
Jan Christian Thommesen
Tel: +47 918 21 387
E-mail: presse@xxl.no

About XXL:
XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden
and Finland. 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 published in accordance with the requirements of the
Continuing Obligations pursuant to Oslo Rule Book II.

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