Oslo, 11 May 2021

In reference to the buyback program announced 23 April 2021, XXL ASA has
purchased 3,500,000 of its own shares. The shares were purchased at an average
price of NOK 21.8622 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

3 May		          350 000	        21.6610
4 May		          350 000	        21.3713
5 May		          350 000	        21.5619
6 May		          350 000	        21.7047
7 May		          380 000               22.2386

10 May                    300 000               22.6728

Following the transactions, XXL ASA owns 8,470,000 of its own shares.

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

XXL ASA has on 10 May 2021 completed the program. In the period XXL ASA
purchased a total of 3,500,000 shares in the market at an average price of NOK
21.8622 per share, for an aggregate consideration of NOK 76,517,761. The shares
purchased will be used to optimize capital structure by cover for shares to the
long term management investment program

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