Amer Sports, Inc.

Major Shareholding Notification • Feb 20, 2019

Amer Sports: Notice pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10

Amer Sports: Notice pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10

Amer Sports Corporation
STOCK EXCHANGE RELEASE
February 20, 2019 at 4:30 p.m.

Amer Sports Corporation has received a notification from Allianz Global
Investors GmbH (city and country of residence: Frankfurt/Main, Germany) on
February 20, 2019, in accordance with the Finnish Securities Markets Act Chapter
9, Section 5.

According to the notification, the proportion of Allianz Global Investors GmbH
of the total number of Amer Sports Corporation's shares and voting rights
decreased below five (5) per cent on February 19, 2019.

Total positions of Allianz Global Investors GmbH according to the notification:

+------------------+------------+-----------------+-----------+----------------+
|  |% of shares |% of shares and |Total of |Total number of |
| |and voting |voting rights |both in % |shares and |
| |rights |through financial| |voting rights of|
| | |instruments | |issuer |
+------------------+------------+-----------------+-----------+----------------+
|Resulting | | | | |
|situation on the | | | | |
|date on which the | 4.94% | 0.00% | 4.94% | 116,517,285 |
|threshold was | | | | |
|crossed or reached| | | | |
+------------------+------------+-----------------+-----------+----------------+
|Position of | | | | |
|previous | 5.01% | 0.00% | 5.01% |   |
|notification (if | | | | |
|applicable) | | | | |
+------------------+------------+-----------------+-----------+----------------+

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A. Shares and voting rights

+--------------------+-----------------------------+---------------------------+
|Class/type of shares|Number of shares and voting |% of shares and voting |
|ISIN code |rights |rights |
| +---------+-------------------+---------+-----------------+
| | Direct | Indirect | Direct | Indirect |
| |(SMA 9:5)| (SMA 9:6 and 9:7) |(SMA 9:5)|(SMA 9:6 and 9:7)|
+--------------------+---------+-------------------+---------+-----------------+
| FI0009000285 |   | 5,759,470 |   | 4.94% |
+--------------------+---------+-------------------+---------+-----------------+
| SUBTOTAL A | 5,759,470 | 4.94% |
+--------------------+-----------------------------+---------------------------+

B. Financial instruments according to SMA 9:6a

+--------------+--------------+--------------+-------------+---------+---------+
|Type of |Expiration |Exercise/ |Physical or |Number of|% of |
|financial |date |Conversion |cash |shares |shares |
|instrument | |period |settlement |and |and |
| | | | |voting |voting |
| | | | |rights |rights |
+--------------+--------------+--------------+-------------+---------+---------+
|  |  |   |  |   |   |
+--------------+--------------+--------------+-------------+---------+---------+
|  |  |   |SUBTOTAL B | 0 | 0% |
+--------------+--------------+--------------+-------------+---------+---------+

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

+----------------------+------------------+----------------------+-------------+
|Name |% of shares and |% of shares and voting|Total of both|
| |voting rights |rights through | |
| | |financial instruments | |
+----------------------+------------------+----------------------+-------------+
|Allianz SE |  |  |  |
+----------------------+------------------+----------------------+-------------+
|Allianz Asset |  |  |  |
|Management GmbH | | | |
+----------------------+------------------+----------------------+-------------+
|Allianz Global | 4.94% | 0.00% | 4.94% |
|Investors GmbH | | | |
+----------------------+------------------+----------------------+-------------+

For further information, please contact:
Samppa Seppälä, Director, Corporate Communications and IR, tel. +358 50 568 0533

Amer Sports Corporation

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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