Amer Sports: Notice pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10

Amer Sports Corporation
STOCK EXCHANGE RELEASE
December 21, 2018 at 3:00 p.m.

Amer Sports: Notice pursuant to the Finnish Securities Markets Act, Chapter 9,
Section 10

Amer Sports Corporation has received a notification from AXA S.A. (city and
country of residence: Paris, France) on December 19, 2018, in accordance with
the Finnish Securities Markets Act Chapter 9, Section 5.

According to the notification, the total proportion of AXA S.A. of the total
number of Amer Sports Corporation's shares decreased below five (5) per cent on
December 14, 2018.

Total positions of AXA S.A. according to the notification:

+------------------+------------+-----------------+-----------+----------------+
|                  |% of shares |% of shares and  |Total of   |Total number of |
|                  |and voting  |voting rights    |both in %  |shares and      |
|                  |rights      |through financial|           |voting rights of|
|                  |            |instruments      |           |issuer          |
+------------------+------------+-----------------+-----------+----------------+
|Resulting         |            |                 |           |                |
|situation on the  |            |                 |           |                |
|date on which the |   4.01%    |       0%        |   4.01%   |  116,517,285   |
|threshold was     |            |                 |           |                |
|crossed or reached|            |                 |           |                |
+------------------+------------+-----------------+-----------+----------------+
|Position of       |            |                 |           |                |
|previous          |   5.01%    |      0.25%      |   5.26%   |  116,517,285   |
|notification (if  |            |                 |           |                |
|applicable)       |            |                 |           |                |
+------------------+------------+-----------------+-----------+----------------+

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

 A. Shares and voting rights

+--------------------+-----------------------------+---------------------------+
|Class/type of shares|Number of shares and voting  |% of shares and voting     |
|ISIN code           |rights                       |rights                     |
|                    +---------+-------------------+---------+-----------------+
|                    | Direct  |     Indirect      | Direct  |    Indirect     |
|                    |(SMA 9:5)| (SMA 9:6 and 9:7) |(SMA 9:5)|(SMA 9:6 and 9:7)|
+--------------------+---------+-------------------+---------+-----------------+
|    FI0009000285    |    0    |     4,671,050     |   0%    |      4.01%      |
+--------------------+---------+-------------------+---------+-----------------+
|     SUBTOTAL A     |          4,671,050          |           4.01%           |
+--------------------+-----------------------------+---------------------------+

 B. Financial instruments according to SMA 9:6a

+--------------+--------------+--------------+-------------+---------+---------+
|Type of       |Expiration    |Exercise/     |Physical or  |Number of|% of     |
|financial     |date          |Conversion    |cash         |shares   |shares   |
|instrument    |              |period        |settlement   |and      |and      |
|              |              |              |             |voting   |voting   |
|              |              |              |             |rights   |rights   |
+--------------+--------------+--------------+-------------+---------+---------+
|              |              |              |             |         |         |
+--------------+--------------+--------------+-------------+---------+---------+
|              |              |              |SUBTOTAL B   |    0    |   0%    |
+--------------+--------------+--------------+-------------+---------+---------+

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

+--------+-------------------------+-----------------------------+-------------+
|Name    |% of shares and voting   |% of shares and voting rights|Total of both|
|        |rights                   |through financial instruments|             |
+--------+-------------------------+-----------------------------+-------------+
|AXA S.A.|          4.01%          |             0%              |    4.01%    |
+--------+-------------------------+-----------------------------+-------------+


According to additional information provided by AXA S.A., this notification is
pursuant to capital positions crossing the threshold of five per cent, whereas
AXA S.A.'s previous notification from September 14, 2018 was made pursuant to
voting rights positions.


For further information, please contact:
Samppa Seppälä, Director, Corporate Communications and IR, tel. +358 50 568 0533
Amer Sports Corporation

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