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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Regulatory press release

XXL ASA - Mandatory notification of trade

XXL
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.