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Samsonite Group S.A. Capital/Financing Update 2018

Apr 26, 2018

50259_rns_2018-04-25_fa45c778-25d5-4012-8c90-53637874641e.pdf

Capital/Financing Update

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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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities referred to herein. This announcement is not, and is not intended to be, an offer of securities of the Company for sale, or the solicitation of an offer to buy securities of the Company, in the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act, or any state securities laws of the United States, and may not be offered or sold within the United States, or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except pursuant to an exemption under, or in a transaction not subject to, the U.S. Securities Act. This announcement and the information contained herein are not for distribution, directly or indirectly, in or into the United States. No public offer of the securities referred to herein is being or will be made in the United States.

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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)

UPDATE ON THE REFINANCING OF SENIOR CREDIT FACILITIES THROUGH ISSUANCE OF €350,000,000 3.500% SENIOR NOTES DUE 2026 OF SAMSONITE FINCO AND AMENDMENT AND RESTATEMENT OF SENIOR CREDIT FACILITIES

Samsonite International S.A. (the "Company") refers to the announcement dated April 19, 2018 (the "Announcement") in relation to (i) the issue by Samsonite Finco of €350.0 million in aggregate principal amount of 3.500% senior notes due 2026 and (ii) the completion of the syndication and allocation of the Company's New Senior Credit Facilities. Unless otherwise specified, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement.

The Board is pleased to announce that on April 25, 2018, (i) all the conditions precedent under the Purchase Agreement have been fulfilled, the Indenture was executed and the issue of the Notes was completed and (ii) the closing on the New Senior Credit Facilities occurred.

The gross proceeds raised from the offer and sale of the Notes and from the New Senior Credit Facilities, together with existing cash on hand, were used to (i) refinance the Original Senior Credit Facilities and (ii) pay certain commissions, fees and expenses in connection thereto.

By Order of the Board

SAMSONITE INTERNATIONAL S.A.

Timothy Charles Parker

Chairman

Hong Kong, April 26, 2018

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