XXL

XXL ASA - Appointed Group Training Director

XXL ASA has appointed Mr. Robert Iversen as the

Training Director for the XXL Group. He will start in

his new position as of today, 1 February 2017, and be

a part of the management team in XXL ASA. Robert

Iversen was the co-founder of XXL and he served as the

first CEO of XXL from year 2000 to 2007. From 2007 to

2011 he was responsible for Training in the XXL

Group. Prior to his roles in XXL he held several

positions in the electronic retail chain Elkjøp

including Managing Director Norway and COO Norway and

Finland (Elkjøp, Lefdal and Gigantti).

Mr. Iversen is a Norwegian citizen and resides in

Norway. He owns 1,336,341 shares in XXL ASA as of

today (through Robert Iversen Holding AS) including

ownership of closely related parties.

Mr. Iversen is currently a member of the Nomination

Committee of XXL ASA and he has notified the Chairman

of the Nomination Committee about his new position in

the Company. The Nomination Committee will consider

proposing appropriate amendments to its composition in

connection with the Annual General Meeting in XXL ASA

scheduled for 7 June 2017.

For further queries please contact:

Tolle O. R. Grøterud

Investor Relations XXL ASA

Tel: +47 90 27 29 59

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 Nordic. 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.

AI Terminal