XXL

Board/Management Information • Nov 18, 2016

Change in the Executive Management of XXL ASA

Change in the Executive Management of XXL ASA

Marketing Director, Ms. Kine Bergseth, has decided to

leave her position after six months with XXL and to

search for new opportunities outside the company.

Chief Operating Officer Mr. Anders Fjeld will take up

the position as acting Marketing Director. XXL will

start the process of recruiting a new Marketing

Director in XXL ASA.

For further information please contact:

Mr. Tolle Grøterud

Investor Relations XXL ASA

ir@xxlasa.com

+47 90 27 29 59

This information is subject to the disclosure

requirements pursuant to section 5-12 of the Norwegian

Securities Trading Act.