XXL

Share Issue/Capital Change • Jul 26, 2024

XXL ASA – Registration of reverse share split

XXL ASA – Registration of reverse share split

Oslo, 26 July 2024: Reference is made to the stock exchange announcement made by XXL ASA (the "Company") on 4 June 2024, regarding the Company's annual general meeting resolving a reverse share split of the Company's shares in the ratio 100:1. The reverse share split has today been registered with the Norwegian Register of Business Enterprises.

Following the registration, the share capital of the Company is NOK 985,429,800.00 divided into 19,562,807 ordinary shares (class A-shares) and 5,072,938 non-voting shares (class B-shares), in total 24,635,745 shares, each with a nominal value of NOK 40.

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:

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 published in accordance with the requirements of the Continuing Obligations pursuant to Oslo Rule Book II.