Samsonite Group S.A. — Board/Management Information 2019

Mar 13, 2019

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

SAMSONITE INTERNATIONAL S.A.

新秀麗國際有限公司

13-15 Avenue de la Liberté, L-1931 Luxembourg

R.C.S. LUXEMBOURG: B 159.469

(Incorporated in Luxembourg with limited liability)

(Stock code: 1910)

RE-DESIGNATION OF DIRECTOR

The Board of Directors (the "Board") of Samsonite International S.A. (the "Company") announces that Mr. Jerome Squire Griffith has been re-designated from a Non-Executive Director to an Independent Non-Executive Director of the Company with effect from March 13, 2019.

Reasons for the Re-designation of Mr. Griffith as an Independent Non-Executive Director

Mr. Griffith was designated as a Non-Executive Director and not an Independent Non-Executive Director of the Company at the time of his appointment to the Board in September 2016 as he was the Chief Executive Officer, President and director of Tumi Holdings, Inc. ("Tumi") from April 2009 to August 2016. Tumi became an indirect wholly-owned subsidiary of the Company in August 2016. Since August 2016, Mr. Griffith has not been involved in any day to day operations of the Company and its subsidiaries and does not hold any executive or management role or function with the Company or any of its subsidiaries, and he fulfils all of the indicative criteria of independence set out in Rule 3.13 of the Listing Rules.

For the reasons set out above, Mr. Griffith is being re-designated as an Independent Non-executive Director of the Company and both the Board and the Nomination Committee of the Company have confirmed that they believe Mr. Griffith is independent of the Company.

Biographical information of Mr. Griffith

Mr. Jerome Squire Griffith, aged 61, has served as a Non-Executive Director of the Company since September 2016. Since March 6, 2017, Mr. Griffith has served as the Chief Executive Officer and as a director of Lands' End, Inc., a multi-channel retailer of clothing, accessories, footwear and home products that is listed on NASDAQ. He has also served as a director of Vince Holding Corp., a company listed on the New York Stock Exchange, since November 2013. Mr. Griffith previously served as the Chief Executive Officer, President and director of Tumi Holdings, Inc., a company which was listed on the New York Stock Exchange, from April 2009 to August 2016 and served as the chairman of the supervisory board of Tom Tailor Holding AG, a company listed on the Frankfurt Stock Exchange, from June 2015 to May 2017. Mr. Griffith also has served on the board of Parsons School of Design since September 2013. From 2002 to February 2009, he was employed at Esprit Holdings Limited, a global fashion brand, where he was promoted to Chief Operating Officer and was appointed to the board in 2004. He was then

---

promoted to President of Esprit North and South America in 2006. From 1999 to 2002, Mr. Griffith worked as an executive vice president at Tommy Hilfiger, an apparel and retail company. From 1998 to 1999, Mr. Griffith worked as the president of retail at the J. Peterman Company, a catalog-based apparel and retail company. From 1989 through 1998, he worked in various positions at Gap, Inc., a retailer of clothing, accessories, and personal care products. Mr. Griffith holds a Bachelor of Science degree in marketing from the Pennsylvania State University, State College, Pennsylvania, USA (1979).

On March [13], 2019, Mr. Griffith entered into a renewed appointment letter with the Company, which can be terminated by the Company at any time without any obligation to pay any fees in respect of any unexpired portion of the term. Mr. Griffith is subject to retirement by rotation and re-election in accordance with the Listing Rules and the Articles of Incorporation of the Company. Mr. Griffith is entitled to receive a director’s fee of US$145,000 per annum, subject to annual approval of the shareholders at the Company’s annual general meeting.

Mr. Griffith does not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company.

Mr. Griffith does not have any interest (within the meaning of Part XV of the Securities and Futures Ordinance) in the shares or underlying shares of the Company.

Save as disclosed above, there is no other information relating to Mr. Griffith to be disclosed pursuant to Rule 13.51(2) of the Listing Rules and there is no other matter relating to the re-designation of Mr. Griffith as an Independent Non-executive Director which needs to be brought to the attention of the shareholders of the Company.

By Order of the Board
SAMSONITE INTERNATIONAL S.A.
Timothy Charles Parker
Chairman

Hong Kong, March 13, 2019

As of the date of this announcement, the Executive Director is Kyle Francis Gendreau, the Non-Executive Directors are Timothy Charles Parker and Tom Korbas, and the Independent Non-Executive Directors are Paul Kenneth Etchells, Jerome Squire Griffith, Keith Hamill, Bruce Hardy McLain (Hardy) and Ying Yeh.