XXL ASA – Mandatory notification of trade

Oslo, 12 July 2024: Reference is made to the stock exchange announcement published by XXL ASA (the "Company") on 12 July 2024, regarding the resolution to increase the share capital with NOK 28.40, by the issuance of 29 new ordinary shares (class A-shares) and 42 new non-voting shares (class B-shares), in total 71 new shares, each with a nominal value of NOK 0.40.

Please see the attached forms for further details on the subscriptions by close associates to a primary insider of the Company.

For further queries, please contact:

Investor Relations:

Tolle O. R. Grøterud

Tel: +47 90 27 29 59

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, Finland and Denmark. 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 article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.