XXL

Remuneration Information • Jul 4, 2017

XXL ASA - Restricted share unit programs - dividend reinvested

XXL ASA - Restricted share unit programs - dividend reinvested

Reference is made to the stock exchange announcements

concerning programs of restricted share units for employees

in XXL ASA.

According to the programs, dividends will be reinvested into

new restricted share units. Dividend of NOK 2.00 per share

was paid out today, Tuesday 4 July 2017. In total 7,199

restricted share units will be allocated to employees.

The following primary insiders have been allocated

restricted share units according to the above and have,

after this, the following number of shares and restricted

share units in XXL ASA:

- Morten Fuglum, Group Controller, has been allocated

63 restricted share units. Following this, he holds 26,261

shares and 2,617 restricted share units in XXL ASA including

ownership of closely related parties.

- Christian Hokstad Pedersen, Group Controller, has

been allocated 81 restricted share units. Following this, he

holds 5,056 shares and 3,285 restricted share units in XXL

ASA including ownership of closely related parties.

- Leidulf Holand, Business Controller, has been

allocated 69 restricted share units. Following this, he

holds 76,248 shares and 2,794 restricted share units in XXL

ASA including ownership of closely related parties.

- Karete Kvisle, Head of Accounting, has been

allocated 76 restricted share units. Following this, she

holds 4,875 shares and 3,104 restricted share units in XXL

ASA including ownership of closely related parties.

- Magnus Bjurling, Controller, has been allocated 77

restricted share units. Following this, he holds 3,488

shares and 3,151 restricted share units in XXL ASA including

ownership of closely related parties.

- Trine-Lise Anker Rasch, Financial Controller, has

been allocated 45 restricted share units. Following this,

she holds 603 shares and 1,814 restricted share units in XXL

ASA including ownership of closely related parties.

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 and Denmark. It is the largest

and the fastest growing 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 lowest 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