Amer Sports, Inc.

Transaction in Own Shares • Nov 23, 2011

Share repurchase 23.11.2011

Share repurchase 23.11.2011

Amer Sports Corporation          ANNOUNCEMENT           23.11.2011

Share repurchase 23.11.2011

In the Helsinki Stock Exchange

+--------------------+----------+------+
|Trade date |23.11.2011| |
+--------------------+----------+ |
|Bourse trade |BUY |  |
+--------------------+----------+ |
|Share |AMEAS | |
+--------------------+----------+------+
|Amount |100.000 |shares|
+--------------------+----------+------+
|Total cost |887.919,02|EUR |
+--------------------+----------+------+
|Average price/ share|8,8792 |EUR |
+--------------------+----------+------+
|Highest price/ share|8,93 |EUR |
+--------------------+----------+------+
|Lowest price/ share |8,74 |EUR |
+--------------------+----------+------+

Amer Sports Corporation now holds a total of 3.969.797 shares
including the shares repurchased on 23.11.2011.

On behalf of Amer Sports Corporation

NORDEA BANK FINLAND PLC

Petri Simberg         Julius Summanen

[HUG#1566230]