Amer Sports, Inc.

Share Issue/Capital Change • Apr 1, 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
April 1, 2019 at 7:55 p.m. (EET)

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

Amer Sports Corporation has received a notification from ANTA Sports Products
Limited (city and country of residence: Cayman Islands) on April 1, 2019, in
accordance with the Finnish Securities Markets Act, Chapter 9, Section 5.

According to the notification, the indirect proportion of ANTA Sports Products
Limited of the total number of Amer Sports Corporation's shares and voting
rights increased above nine-tenths (9/10) percent on March 29, 2019.

Total positions of ANTA Sports Products Limited 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 |93.92% |N/A |93.92% |116,517,285 |
|situation on the | | | | |
|date on which | | | | |
|threshold was | | | | |
|crossed or reached| | | | |
+------------------+------------+-----------------+-----------+----------------+
|Position of |N/A |N/A |N/A |  |
|previous | | | | |
|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 |
| |rights |rights |
|  +---------+--------------------+---------+----------------+
| |Direct |Indirect |Direct |Indirect |
|ISIN code |(SMA 9:5)|(SMA 9:6 and 9:7) |(SMA 9:5)|(SMA 9:6 and |
| | | | |9:7) |
+--------------------+---------+--------------------+---------+----------------+
|FI0009000285 |N/A |109,430,925 |N/A |93.92% |
+--------------------+---------+--------------------+---------+----------------+
|TOTAL |109,430,925 |93.92% |
+--------------------+------------------------------+--------------------------+

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 | |
+---------------------+------------------+-----------------------+-------------+
|ANTA Sports Products |  |  |  |
|Limited | | | |
+---------------------+------------------+-----------------------+-------------+
|ANLLIAN Sports |  |  |  |
|Products Limited | | | |
+---------------------+------------------+-----------------------+-------------+
|Mascot JVCo (Cayman) |  |  |  |
|Limited | | | |
+---------------------+------------------+-----------------------+-------------+
|Mascot HoldCo 1 (HK) |  |  |  |
|Limited | | | |
+---------------------+------------------+-----------------------+-------------+
|See more below. |  |  |  |
+---------------------+------------------+-----------------------+-------------+

According to the additional information provided by ANTA Sports Products
Limited, list of controlled undertakings above continues as follows:

Mascot Midco 3 Oy
Mascot Midco 2 Oy
Mascot Midco 1 Oy
Mascot Bidco Oy: 93.92% of shares, 93.92% total.

Information regarding the investor consortium:

ANTA Sports Products Limited, FV Fund (an investment vehicle managed by
FountainVest Partners), Anamered Investments (an investment vehicle owned by Mr.
Chip Wilson) and Tencent (investing as a limited partner in FV Fund) have formed
an investor consortium for the purposes of the voluntary public cash tender
offer to purchase all the shares in Amer Sports Corporation. The consortium owns
indirectly 100 percent of Mascot Bidco Oy.

ANTA Sports owns indirectly 57.95% of the shares in Mascot JVCo (Cayman)
Limited, FV Fund owns 21.40% (of which funds advised and managed by FountainVest
Partners own indirectly 15.77% and Tencent owns indirectly 5.63%), and Anamered
Investments owns 20.65% of the shares in Mascot JVCo (Cayman) Limited.

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).

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