XXL ASA – Annual Report 2023

Please find attached the Annual report 2023, both in a pdf and ESEF, from XXL ASA, including the annual accounts, financial statements, sustainability statement and Board of Directors report. There is a deviation from the Q4 2023 report regarding Net financial expense which has increased from negative NOK 157 million to negative NOK 186 million. Also, there is an adjustment to income tax expense providing an improvement from NOK 63 million, to negative of NOK 5 million. Consequently, the Profit from Continuing Operations has improved from negative of NOK 1 629 million to a negative of NOK 1 590 million.

The report is available on www.xxlasa.com/annual-reports

For further queries, please contact:

Investor Relations:

Tolle O. R. Grøterud

Phone: +47 902 72 959

E-mail: ir@xxlasa.com

Press:

Jan Christian Thommesen

Phone: + 47 918 21 387

Email: 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 pursuant to section 5 -12 of the Norwegian Securities Trading Act.