XXL

Director's Dealing • May 27, 2025

XXL ASA – Mandatory notification of trade by primary insiders

XXL ASA – Mandatory notification of trade by primary insiders

Reference is made to the stock exchange announcement on 15 April 2025 regarding Frasers Group Plc's ("Frasers") mandatory offer (the "Offer") to acquire all of the issued and outstanding shares in XXL ASA (the "Company") for NOK 10 per share.

The Company has been informed that board member Ronny Blomseth and deputy board member Thomas Brandsdal (employee representative) today have accepted the Offer from Frasers for their shares in the Company.

Please see the attached forms for further information.

For further information, please contact:

Investor Relations:

Tolle O. R. Grøterud

Tel: +47 902 72 959

E-mail: ir@xxlasa.com

Press contact:

Jan Christian Thommesen

Tel: +47 918 21 387

E-mail: presse@xxl.no

About XXL ASA

XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden and Finland. It is the largest 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 best prices and the widest assortment of products, focusing on branded goods.

This information is subject to the disclosure requirements in article 19 of Regulation EU 596/2014 (the EU Market Abuse Regulation) and Section 5-12 of the Norwegian Securities Trading Act.