Oslo, Norway, 14 August 2024: Reference is made to XXL ASA's ("XXL")
announcement made on 14 August 2023 by which it was announced that XXL's Swedish
subsidiary had received an extension of payment of a temporary tax deferral
until 12 September 2024 in the amount of SEK 345 million. The Company has
applied to the Swedish tax authorities for a further deferral against a 36
months payment plan, and that application has now been approved. The
installments will commence in October 2024 and run for 36 months.

For further queries, 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.