XXL

Transaction in Own Shares • Dec 5, 2018

XXL ASA – Purchase own shares

XXL ASA – Purchase own shares

Reference is made to the stock exchange release on 24 October 2018 announcing a program to repurchase own shares.

As part of this program, XXL ASA purchased 80,000 own shares today, 5 December 2018. The shares were purchased at an average price of NOK 40.93 per share.

After this transaction XXL ASA holds 2,725,490 own shares, representing 1.96 per cent of the outstanding number of shares.

For further queries, please contact:

Tolle O. R. Grøterud

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, Denmark and Austria. It is the largest among the major sports retailers in the Nordics and the fastest growing among the major sports retail chains in the World. 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 disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act