Reference is made to the stock exchange announcement made by XXL ASA on 7 June
2024 regarding the completion of a subsequent offering where 85,714,285 new
shares will be issued.

Ferd AS own 238,118,316 ordinary shares  (Class A) in XXL, representing 12.17%
of the votes and 9.67%  of the capital in the company following the issuance of
the 85,714,285 new shares and consequently cross the disclosure threshold of 10%
of the capital in XXL.

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© Oslo Bors ASA, source Oslo Stock Exchange