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XXL

Share Issue/Capital Change Feb 21, 2018

3793_dirs_2018-02-21_17f3530b-e106-41cd-9ddf-7b0ec4779721.html

Share Issue/Capital Change

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XXL ASA - Share incentive programs and issue of new shares

XXL ASA - Share incentive programs and issue of new shares

Reference is made to the stock exchange announcement of 20 February 2018.

The payment has been determined based on a selling price of NOK 88.57 per share.

For further queries, please contact:

Tolle O. R. Grøterud

Investor Relations, XXL ASA

Tel: +47 90 27 29 59

E-mail: [email protected]

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

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