Amer Sports - Decisions of general meeting

Decisions of the Amer Sports Corporation Annual General Meeting

STOCK EXCHANGE RELEASE
March 5, 2009 at 4:15 pm

At the Amer Sports Corporation Annual General Meeting held earlier
today, the following resolutions were approved:

Adoption of the annual accounts
The Annual General Meeting (AGM) approved Amer Sports Corporation's
financial statements and consolidated financial statements for 2008.

Resolution on use of the profit shown on the balance sheet and the
payment of dividend
The AGM resolved to distribute a dividend of EUR 0.16 per share be
paid for the financial year ended December 31, 2008. The dividend
will be paid to shareholders who are registered on the list of
shareholders maintained by Euroclear Finland Ltd (former Finnish
Central Securities Depository Ltd) as of Tuesday, March 10, 2009,
which is the record date for the dividend payment. The dividend will
be paid on Tuesday, March 17, 2009.

Resolution on the discharge of the members of the board of directors
and the CEO
The AGM granted the members of the Board of Directors and the
Company's President discharge from liability for the financial year
2007.

Resolution on the remuneration of the members of the board of
directors
The AGM approved that the remuneration payable to the members of the
Board to be elected at the Annual General Meeting for the term until
the close of the Annual General Meeting in 2010 be unchanged from
year 2008 as follows: Chairman EUR 80,000, Vice Chairman EUR 50,000,
and other members EUR 40,000. No extra remuneration is paid from
attending board meetings nor committee meetings. 40% of the annual
remuneration is being paid in the form of the company's shares and
60% in cash.

Resolution on the number of the members of the board of directors
The AGM confirmed that the number of Board members is to be seven
(7).

Resolution on the board composition
The AGM re-elected Anssi Vanjoki, Ilkka Brotherus, Pirjo Väliaho,
Martin Burkhalter, Christian Fischer and Bruno Sälzer as members of
the Board of Directors and appointed Hannu Ryöppönen as a new board
member. The Board's term of service will run until the close of the
2010 Annual General Meeting.

Resolution on the remuneration of the auditor
The AGM decided that the auditor's fee will be paid as invoiced.

Election of auditor
The AGM elected the Authorized Public Accountant
PricewaterhouseCoopers Oy to act as an auditor of the Company. The
auditor in charge of the audit was elected to be Mr Jouko Malinen,
Authorized Public Accountant.

Authorizing the board of directors to decide issuance of shares
The AGM authorized the Board of Directors to decide on issuing new
shares on the following terms and conditions:

New shares may be issued and the Company's own shares held by the
Company may be conveyed against payment ("Share Issue Against
Payment") to the Company's shareholders in proportion to their
current shareholdings in the Company. By virtue of the authorization,
the Board of Directors is entitled to decide on issuing a maximum of
7,000,000 new shares. The subscription price of the new shares shall
be recorded under the invested non-restricted equity fund.The
authorization to issue shares is valid until two (2) years from the
date of the decision of the Annual General Meeting.

AMER SPORTS CORPORATION
Communications


Ms Maarit Mikkonen
Communications Manager
Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com
www.amersports.com


DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.amersports.com


AMER SPORTS CORPORATION
Amer Sports (www.amersports.com) is the world's leading sports
equipment company with internationally recognized brands including
Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. All
Amer Sports companies develop and manufacture technically advanced
products that improve the performance of active sports participants.
The Group's business is balanced by its broad portfolio of sports and
presence in all major markets.

Attachments:

Decisions of the Amer Sports Corporation Annual General Meeting.pdf