Oslo, 14 March 2025: Reference is made to the stock exchange announcements
published by XXL ASA (the "Company") on 28 February and 4 March 2025 regarding
the commencement of the subscription period in the rights issue (the "Rights
Issue") and the receipt of subscription rights in the Rights Issue by certain
primary insiders and certain close associates of primary insiders.
Please see the attached forms for further details on the exercise of
subscription rights in the Rights Issue by close associates to a primary insider
of the Company.
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.