Amer Sports, Inc.

M&A Activity • Oct 11, 2018

Amer Sports Response to Media Speculation

Amer Sports Response to Media Speculation

Amer Sports Corporation
STOCK EXCHANGE RELEASE
October 11, 2018 at 1:30 p.m. EEST

Amer Sports Response to Media Speculation

On September 11, 2018, in response to media speculation, Amer Sports Corporation
confirmed that it had received a non-binding preliminary indication of interest
(the "Indication of Interest") from a consortium comprising ANTA Sports Products
Limited and the Asian private equity firm FountainVest Partners (the
"Consortium") to acquire the entire share capital of Amer Sports. Amer Sports
further confirmed that, pursuant to the Indication of Interest, Amer Sports
shareholders would be entitled to receive a cash consideration of EUR 40.00 per
share for all of their shares in Amer Sports.

In relation to recent further media speculation, at the request of Nasdaq
Helsinki Ltd, Amer Sports confirms that there have been certain discussions
between Amer Sports and the Consortium and their respective advisors intended to
ascertain whether there is a basis to commence a more formal process to
facilitate a possible recommended transaction.

Amer Sports' shareholders are reminded that implementation of the Indication of
Interest remains subject to a number of pre-conditions including, but not
limited to, approval of the Board of Directors of ANTA and the Investment
Committee of FountainVest, satisfactory conclusion of the Consortium's due
diligence, availability of financing from identified financing sources and
receipt of a recommendation from the Board of Directors of Amer Sports.
Completion of a tender offer by the Consortium would in turn be subject to
further conditions, including approval by shareholders holding at least 90% of
the shares of Amer Sports and receipt of all necessary regulatory approvals.

Amer Sports will release further information at an appropriate time.

For further information, please contact:
Kaisa Rotkirch, General Counsel, Legal Affairs, tel. +358 20 712 2531

Amer Sports Corporation
Samppa Seppälä, Director, Corporate Communications and IR

DISTRIBUTION
Nasdaq Helsinki
Main media
www.amersports.com

AMER SPORTS
Amer Sports (www.amersports.com) is a sporting goods company with
internationally recognized brands including Salomon, Arc'teryx, Peak
Performance, Atomic, Mavic, Suunto, Wilson and Precor. The company's technically
advanced sports equipment, footwear, and apparel improve performance and
increase the enjoyment of sports and outdoor activities. The Group's business is
balanced by its broad portfolio of sports and products and a presence in all
major markets. Amer Sports shares are listed on the Nasdaq Helsinki stock
exchange (AMEAS).

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