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Amer Sports, Inc.

M&A Activity May 14, 2019

30308_rns_2019-05-14_f1897cdf-434c-48c4-bda1-35374295367b.html

M&A Activity

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Trustee Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Amer Sports Corporation

Trustee Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Amer Sports Corporation

Amer Sports Corporation
STOCK EXCHANGE RELEASE
May 14, 2019 at 2:10 p.m. (EEST)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO CANADA, JAPAN, AUSTRALIA OR SOUTH AFRICA OR IN ANY OTHER
JURISDICTION IN WHICH IT WOULD BE PROHIBITED BY APPLICABLE LAW.

Trustee Appointed for the Arbitration Proceedings Concerning the Redemption of
Minority Shares in Amer Sports Corporation

Mascot Bidco Oy ("Mascot") has on April 3, 2019 commenced redemption proceedings
in respect of Amer Sports Corporation's ("Amer Sports") minority shares by
initiating arbitration proceedings in accordance with Chapter 18, Section 3 of
the Finnish Companies Act in order to obtain ownership of all the issued and
outstanding shares in Amer Sports.

As a result of Mascot's application for the above-mentioned arbitration
proceedings, the Redemption Board of the Finland Chamber of Commerce has
petitioned the District Court of Helsinki for the appointment of a trustee to
look after the interests of Amer Sports' minority shareholders during the
redemption process. With its decision given on May 8, 2019, the District Court
of Helsinki has appointed jur. dr. Timo Kaisanlahti to act as such trustee.

Mascot's notice, as referred to in Chapter 18, Section 5, Subsection 2 of the
Finnish Companies Act, is attached to this release.

For further information, please contact:
Samppa Seppälä, Head of Corporate Communications and IR
Amer Sports Corporation
Tel. +358 50 568 0533

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).

Appendix 1: Redemption claim regarding minority shares based on the Finnish
Limited Liability Companies Act

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