Reference is made to the stock exchange release on 27 October 2020 announcing a
program to repurchase own shares. <br />
 <br />
As part of this program, XXL ASA purchased 150,000 own shares today, 4 December
2020. The shares were purchased at an average price of NOK 19.33 per share.<br
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 <br />
After this transaction XXL ASA holds 3,730,000 own shares, representing 1.48 per
cent of the outstanding number of shares.<br />
<br />
For further queries, please contact:<br />
<br />
Tolle O. R. Grøterud <br />
Investor Relations, XXL ASA<br />
Tel: +47 90 27 29 59<br />
E-mail: ir@xxlasa.com<br />
<br />
About XXL ASA <br />
XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden,
Finland, Denmark and Austria. 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.<br
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This information is subject to disclosure requirements pursuant to Section 5-12
of the Norwegian Securities Trading Act