XXL ASA – Authorities to temporarily close down retail trade in Austria

Oslo, Norway, 19 November 2021: Austrian authorities has today, with effect from Monday 22 November 2021, decided to temporarily close down retail trade other than food, pharmacies and other important supply functions in the country as a precautionary measure to contribute to limit the contagion of COVID-19. All retail trade, and consequently also the eight XXL stores in Austria, will be closed from Monday 22 November 2021. The temporarily close down of retail trade imposed by the Austrian authorities will last until 2 December 2021, but could be prolonged. XXL monitors the situation closely and will initiate several actions to reduce costs during this period. XXL will at all times follow the regulations imposed by the authorities. Updated information regarding our stores is available on https://www.xxlsports.at/store-finder

For further queries, please contact:

Press contact:

Andreas Nyheim

Tel: + 47 952 11 779

Email: [email protected]

Investor Relations

Tolle O. R. Grøterud

Tel: +47 90 27 29 59

E-mail: [email protected]

About XXL ASA 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.

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