XXL ASA announced a program to buy-back own shares on27 October 2020 and has on15 December 2020 completed the program. In the periodXXL ASA purchased a total of 4,970,000 shares in the market at an average price ofNOK 20.10 per share, for an aggregate consideration ofNOK 99,910,671 . The shares purchased will be used to optimize capital structure by cover for shares to the long term management investment program For further queries, please contact: Tolle O. R. Grøterud Investor Relations,XXL ASA Tel: +47 90 27 29 59 E-mail: ir@xxlasa.com AboutXXL ASA XXL is a leading sports retailer with stores and e-commerce inNorway ,Sweden ,Finland ,Denmark andAustria . 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 disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act
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