XXL ASA – Mandatory notification of trade

04 Mar 2025 17:24 CET

Oslo, 4 March 2025: Reference is made to the stock exchange announcement
published by XXL ASA (the "Company") on 28 February 2025 regarding the
commencement of the subscription period in the rights issue (the "Rights
Issue"). As part of this process, subscription rights have been allocated to
primary insiders and their close associates. In addition, the Company has been
informed that certain primary insiders have exercised their subscription rights
and subscribed for new shares.

Please see the attached forms for further details of the primary insiders' and
their close associates' receipt and exercise of subscription rights in the
Rights Issue.

For more information, please contact:

Investor Relations:
Tolle O. R. Grøterud
Tel: +47 902 72 959
E-mail: ir@xxlasa.com

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

About XXL ASA
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 subject to the disclosure requirements in article 19 of
Regulation EU 596/2014 (the EU Market Abuse Regulation) and Section 5-12 of the
Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

640387_XXL ASA - PDMR Attachment (receipt of subscription rights).pdf
640387_XXL ASA - PDMR Attachment (subscription of shares).pdf