XXL ASA – Mandatory notification of trade

27 May 2025 09:54 CEST

Reference is made to the stock exchange announcement on 15 April 2025 regarding
Frasers Group Plc's ("Frasers") mandatory offer (the "Offer") to acquire all of
the issued and outstanding shares in XXL ASA (the "Company") for NOK 10 per
share.

Altor Invest 5 AS and Altor Invest 6 AS, both close associates of board member
Tom Christian Jovik, have today accepted the Offer from Frasers for all of their
shares in the Company.

Please see the attached forms for further information.

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:
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647595_Skjema for melding om transaksjoner utført av personer med ledelsesansvar (primærinnsidere) og deres nærstående (KRT-1500) (1).pdf
647595_Skjema for melding om transaksjoner utført av personer med ledelsesansvar (primærinnsidere) og deres nærstående (KRT-1500) (2).pdf