XXL ASA – Extension of Swedish temporarily tax deferral – 36 months payment plan

Oslo, Norway, 14 August 2024: Reference is made to XXL ASA's (“XXL”) announcement made on 14 August 2023 by which it was announced that XXL's Swedish subsidiary had received an extension of payment of a temporary tax deferral until 12 September 2024 in the amount of SEK 345 million. The Company has applied to the Swedish tax authorities for a further deferral against a 36 months payment plan, and that application has now been approved. The installments will commence in October 2024 and run for 36 months.

For further queries, 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.