XXL — Major Shareholding Notification 2025

May 27, 2025

Disclosure of large shareholding

Disclosure of large shareholding

Altor Invest 5 AS and Altor Invest 6 AS have today accepted the mandatory offer from Frasers Group Plc for XXL ASA. Accordingly, Altor Invest 5 AS will sell 11 745 784 A-shares and 8 525 519 B-shares, and Altor Invest 6 AS will sell 11 745 784 A-shares and 8 525 518 B-shares, at a price of NOK 10 per share. Following these sales, Altor Invest 5 AS and Altor Invest 6 will have no shares in XXL ASA. Altor Invest 5 AS and Altor Invest 6 AS are closely associated persons of Tom Christian Jovik, member of the board of directors of XXL ASA.

This disclosure is made pursuant to section 4-2 of the Norwegian Securities Trading Act.