Amer Sports - Decisions of general meeting

Decisions of the Amer Sports Corporation Annual General Meeting

Amer Sports Corporation
STOCK EXCHANGE RELEASE
March 10, 2011 at 3:40 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 for 2010.

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 0.30 per share to be paid for
the financial year ended December 31, 2010. The dividend will be paid to
shareholders who are registered on the list of shareholders maintained by
Euroclear Finland Ltd as of March 15, 2011, which is the record date for the
dividend payment. The dividend will be paid on March 22, 2011.

Resolution on the discharge of the members of the Board of Directors and the CEO
from liability
The AGM granted the members of the Board of Directors and the Company's
President and CEO Heikki Takala and Acting President and CEO Pekka Paalanne
(1.1-31.3.2010) a discharge from liability for the financial year 2010.

Resolution on the remuneration of the members of the Board of Directors
It was approved that the annual remuneration payable to the members of the Board
of Directors be as follows: Chairman EUR 100,000, Vice Chairman EUR 60,000, and
other members EUR 50,000. Remuneration is not paid for attending meetings of the
Board of Directors or meetings of the Committees of the Board of Directors. Of
the annual remuneration, 40% 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 the members of the Board of Directors is
seven (7).

Election of members of the Board of Directors
The AGM re-elected Anssi Vanjoki, Ilkka Brotherus, Pirjo Väliaho, Martin
Burkhalter, Christian Fischer, Bruno Sälzer and Hannu Ryöppönen as members of
the Board of Directors. The Board of Directors' term of service will run until
the close of the 2012 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 Authorised Public Accountants PricewaterhouseCoopers Oy to
act as auditor of the Company. The auditor in charge of the audit was elected to
be Jouko Malinen, Authorised Public Accountant.

Authorizing the Board of Directors to decide on the repurchase of the Company's
own shares
The AGM authorized the Board of Directors to decide on the repurchase of a
maximum of 10 000 000 of the Company's own shares ("Repurchase Authorization").
The Company's own shares shall be repurchased otherwise than in proportion to
the holdings of the shareholders by using the non-restricted equity through
public trading on the NASDAQ OMX Helsinki at the market price prevailing at the
time of acquisition. The shares shall be repurchased and paid for in accordance
with the rules of the NASDAQ OMX Helsinki and Euroclear Finland Ltd. The
Repurchase Authorization is valid 18 months from the decision of the Annual
General Meeting.

For further information, please contact:
Päivi Antola, Director, IR and Financial Communications, tel. +358 9 7257 8233

DISTRIBUTION:
NASDAQ OMX Helsinki
Major 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 OMX Helsinki stock exchange.


[HUG#1496073]

Attachments:

Decisions of the Amer Sports Corporation Annual General Meeting.pdf