XXL ASA - New Managing Director Sweden

XXL ASA has appointed Mr. Andreas Stenman as the new Managing Director Sweden in XXL ASA. He will start in his new position as of 1 September 2016 and be a part of the management team in XXL ASA from the same date. Andreas Stenman is currently Head of Sales at Rusta Sweden. Prior to Rusta he worked for over ten years at Lidl Sweden, where he held several managing positions including the most recent one as Regional Manager.

Mr. Stenman holds a Master’s degree in Business and Business Law from the University of Lund. He is a Swedish citizen and resides in Sweden. Andreas Stenman owns no shares in XXL ASA as of today.

Mrs. Janicke Blomsnes will be the acting Managing Director Sweden up to 1 September 2016 and after that resume her role as Vice Managing Director Sweden and Head of Nordic Training.

For further queries, please contact:

Tolle O. R. Grøterud, Head of Investor Relations, XXL ASA

Tel: +47 90 27 29 59

E-mail: ir@xxlasa.com 

About XXL ASA

XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland and Denmark. It is the largest and the fastest growing among the major sports retailers in the Nordic. 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 lowest prices and the widest assortment of products, focusing on branded goods.