XXL

Board/Management Information • Feb 25, 2015

Change in the executive management of XXL ASA

Change in the executive management of XXL ASA

Managing Director Sweden, Mr. Lars Bengtsson, has

been appointed the new store manager of our new

store to be opened in Gävle, Sweden. Lars resides in

Gävle, and will no longer commute weekly from Gävle

to Stockholm. With effect from 1 March 2015, he will

step down from the Executive Management team of XXL

ASA. Mr. Marcus Wibergh will take up the position as

Managing Director Sweden from the same date.

For further information please contact:

Mr. Tolle Grøterud

Head of Investor Relations

XXL ASA

tolle.g@xxl.no

+47 90 27 29 59

This information is subject to the disclosure

requirements pursuant to section 5-12 of the

Norwegian Securities Trading Act.