XXL

NOTIFICATION BY PRIMARY INSIDERS/RELATED PARTY TO XXL ASA

1	Details of the Primary Insider/Related Party
a)	Name	Altor Invest 5 AS
2	Reason for the notification
a)	Position/status	Close associate to primary insider and board member of the board of directors, Tom Christian Jovik
b)	Initial notification/ Amendment	Initial notification
3	Details of the company
a)	Name	XXL ASA
b)	LEI	5967007LIEEXZXHCTC69
4		Details of the transaction(s): section to be repeated for (i) each type of instrument;
		(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Delivery of existing ordinary shares (class A-shares) in XXL ASA (ISIN NO0010716863).
b)	Nature of the transaction	Subscription
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.72	1,982,680
d)	Aggregated information — Aggregated volume — Price	1,982,680 existing ordinary shares (class A-shares), each with a nominal value of NOK 0.40, at a price of NOK 0.72 per share and a total of NOK 1,427,529.60.
e)	Date of the transaction	2023-09-12
f)	Place of transaction	Outside a trading venue

1	Details of the Primary Insider/Related Party
a)	Name	Altor Invest 6 AS
2	Reason for the notification
a)	Position/status	Close associate to primary insider and board member of the board of directors, Tom Christian Jovik
b)	Initial notification/	Initial notification
	Amendment
3	Details of the company
a)	Name	XXL ASA
b)	LEI	5967007LIEEXZXHCTC69
4		Details of the transaction(s): section to be repeated for (i) each type of instrument;
		(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the	Delivery of existing ordinary shares (class A-shares) in XXL ASA (ISIN
	financial instrument,	NO0010716863).
	type of instrument
b)	Nature of the transaction	Subscription
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.72	1,982,681
d)	Aggregated information — Aggregated volume — Price	1,982,681 existing ordinary shares (class A-shares), each with a nominal value of NOK 0.40, at a price of NOK 0.72 per share and a total of NOK 1,427,530.32.
e)	Date of the transaction	2023-09-12
f)	Place of transaction	Outside a trading venue