XXL ASA – Mandatory notification of trade by primary insiders

27 May 2025 18:01 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.

The Company has been informed that board member Ronny Blomseth and deputy board
member Thomas Brandsdal (employee representative) today have accepted the Offer
from Frasers for their shares in the Company.

Please see the attached forms for further information.

For further 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

647717_PDMR Appendix (27.05.2025).pdf