NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR
ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES
DESCRIBED HEREIN.

Reference is made to the stock exchange announcement made by XXL ASA (the
"Company") on 21 March 2024 regarding the successful placement of a private
placement of new shares to raise gross proceeds of NOK 500 million (the "Private
Placement").

The Company hereby calls for an extraordinary general meeting to be held on
Friday 12 April 2024 at 10:00 hours (CEST) for the general meeting to resolve on
(i) the issuance of new shares in connection with settlement of the Private
Placement, and (ii) providing the board of directors with an authorisation to
issue new shares in connection with a contemplated subsequent offering. The
general meeting will be held electronically through Lumi AGM.
  
The notice and agenda for the general meeting is attached to this stock exchange
announcement, and will also be made available on the Company's website
https://www.xxlasa.com/investor/. Further information about digital attendance
to the meeting is included in the notice.

For further queries, please contact: 
Investor Relations
Tolle O. R. Grøterud 
Tel: +47 90 27 29 59 
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,
Finland and Denmark. 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 pursuant to section
5-12 of the Norwegian Securities Trading Act.