Oslo, 3 May 2021

In reference to the buyback program announced 23 April 2021, XXL ASA has
purchased 1,420,000 of its own shares. The shares were purchased at an average
price of NOK 21.8737 per share.

Overview of daily purchases:
Date                      Shares                Price
26 April                  236 024               20.8020 
27 April                  288 976               22.3500 
28 April                  300 000               22.3294 
29 April                  295 000               22.0288 
30 April                  300 000               21.6498

Following the transactions, XXL ASA owns 6,390,000 of its own shares.

A detailed overview of all transactions made under the buyback program is
attached. 

Contact persons, XXL ASA: 

Investor Relations 
Tolle Grøterud 
Tel: +47 902 72 959  
ir@xxlasa.com

Press 
Andreas Nyheim 
Tel: +47 952 11 779  
presse@xxl.no

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© Oslo Bors ASA, source Oslo Stock Exchange