Amer Sports completes Peak Performance acquisition and appoints Executive Board Member for Apparel

Amer Sports Corporation
STOCK EXCHANGE RELEASE
June 29, 2018 at 10:45 a.m.

Amer Sports completes Peak Performance acquisition and appoints Executive Board
Member for Apparel
Amer Sports Corporation has today completed the acquisition of Peak Performance
from IC Group, announced on April 30, 2018. Peak Performance business will be
consolidated into Amer Sports as of July 2, 2018. The acquisition will have a
minor positive impact on Amer Sports' 2018 financial results. The purchase of
Peak Performance business has been approved by the applicable regulatory
authorities.

In conjunction with the acquisition, to enable faster growth and scale & synergy
across the apparel brands Arc'teryx, Salomon, and Peak Performance, Amer Sports
establishes a new Apparel Category structure with a dedicated leadership under
an Executive Board President. Effective immediately, Mr. Jon Hoerauf, General
Manager Arc'teryx, is appointed President Amer Sports Apparel Category, and
member of Amer Sports Executive Board. Mr. Hoerauf will continue to report to
Amer Sports President and CEO Heikki Takala.

Mr. Hoerauf has a long executive career in the apparel and outdoor industry, of
which the past 6 years in Amer Sports, and past 3 years as General Manager,
Arc'teryx. He is a US citizen.

"We are delighted to welcome Peak Performance to Amer Sports. With Peak
Performance in the portfolio, we are now increasingly well positioned to
accelerate our growth in Softgoods. To enable this acceleration and to achieve
our targeted operational scale benefits across the portfolio, we are re-
establishing an Apparel Category structure", says Heikki Takala. "We are pleased
to appoint a strong internal leader with an outstanding track record, Jon
Hoerauf, as President for the category."

For further information, please contact:
Heikki Takala, President and CEO, tel. +358 20 712 2510

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, Wilson, Atomic, Arc'teryx,
Precor, Suunto and Mavic. 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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