Samsonite Group S.A. — Board/Management Information 2020

Apr 16, 2020

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

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)

CHANGES IN DIRECTOR'S INFORMATION

This announcement is made by Samsonite International S.A. (the "Company" and together with its consolidated subsidiaries, the "Group") pursuant to Rule 13.51B(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

In connection with an audit in Germany of value-added taxes ("VAT") paid or payable by certain Group entities with respect to sales of Tumi-branded products during the period 2015 through 2018, the Company has been advised during the first quarter of 2020 that the Bochum Tax Office for Criminal Tax Matters and Tax Investigation, Criminal and Fines Matters Office in Germany has commenced, or will commence, a criminal tax investigation against certain current or former directors and officers of such entities, including Mr. Kyle Francis Gendreau, the Executive Director and Chief Executive Officer of the Company. The Company has been advised and believes that such investigations in Germany in connection with tax audits are common even where the potential tax exposure is immaterial to the Company. The Company believes it is unlikely that the investigation will result in criminal charges against Mr. Gendreau or any of the other relevant individuals, and the range of potential VAT exposure under discussion between the Company's advisors and the German tax auditor, much of which relates to periods before the Company acquired Tumi in 2016, is immaterial.

The Company is announcing this matter only because under Listing Rules 13.51B(2) and 13.51(2)(r) it is required to disclose full particulars of any investigation by any judicial, regulatory or governmental authority to which a director is subject, without regard to the significance of the matter. The Board considers this matter to be immaterial.

Save for the information disclosed above, there are no other matters concerning Mr. Gendreau that need to be brought to the attention of the Shareholders.

By Order of the Board

SAMSONITE INTERNATIONAL S.A.

John B. Livingston

Joint Company Secretary

Mansfield, Massachusetts, April 16, 2020

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.