Amer Sports - Decisions of general meeting

Decisions of Amer Sports Corporation Annual General Meeting

Amer Sports Corporation
STOCK EXCHANGE RELEASE
March 8, 2016 at 3:40 p.m.

Decisions of Amer Sports Corporation Annual General Meeting

At the Annual General Meeting of Amer Sports Corporation held on March 8, 2016,
the following resolutions were approved:

Adoption of the annual accounts and consolidated annual accounts
The Annual General Meeting (AGM) approved Amer Sports annual accounts and
consolidated annual accounts for the financial year ended December 31, 2015.

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 0.55 per share to be paid for
the financial year ended December 31, 2015. The dividend will be paid to
shareholders who are registered on the list of shareholders maintained by
Euroclear Finland Ltd as of March 10, 2016, which is the record date for the
dividend payment. The dividend will be paid on March 30, 2016.

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 Company's President
and CEO a discharge from liability for the financial year 2015.

Resolution on the remuneration of the members of the Board of Directors
The AGM resolved that the annual remuneration payable to the members of the
Board of Directors to be elected at the Annual General Meeting for the term
until the close of the Annual General Meeting in 2017 be as follows: Chairman
EUR 120,000, Vice Chairman EUR 70,000 and other members EUR 60,000 each. No
extra remuneration is 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 paid in the form of the Company's shares and 60% in cash. A
member of the Board of Directors is not permitted to sell or transfer any of
these shares during the term of his or her Board membership. However, this
limitation is only valid for a maximum of five (5) years after the acquisition
of the shares.

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
eight (8).

Election of members of the Board of Directors
The AGM re-elected Ilkka Brotherus, Martin Burkhalter, Christian Fischer, Hannu
Ryöppönen, Bruno Sälzer, Lisbeth Valther, Anssi Vanjoki and Indra Åsander as
members of the Board of Directors. The Board of Directors' term of service will
run until the close of the 2017 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 re-elected Authorized Public Accountants Ernst & Young Oy to act as
auditor of the Company.

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
trading on regulated market organized by Nasdaq Helsinki Ltd at the market price
prevailing at the time of acquisition.

The shares shall be repurchased and paid for in accordance with the rules of
Nasdaq Helsinki Ltd and Euroclear Finland Ltd.

The Repurchase Authorization is valid for eighteen (18) months from the decision
of the Annual General Meeting.

Authorizing the Board of Directors to decide on the share issue
The AGM authorized the Board of Directors to decide on issuing new shares and/or
conveying the Company's own shares held by the Company as follows:

By virtue of the authorization, the Board of Directors is entitled to decide on
issuing new shares and/or on conveying the Company's own shares at the maximum
amount of 10,000,000 shares in aggregate. The Board of Directors decides on all
the conditions of the share issue. The issuance or conveyance of shares may be
carried out in deviation from the shareholders' pre-emptive rights (directed
issue). The authorization includes possibility to issue shares to the Company
itself without payment.

The authorization is valid for two (2) years from the date of the decision of
the Annual General Meeting, except that the authorization to issue new shares
and/or convey the Company's own shares for purposes other than the Company's
bonus schemes is valid for fourteen (14) months from the date of the decision of
the Annual General Meeting.


For further information, please contact:
Päivi Antola, Director, Corporate Communications and IR, tel. +358 20 7122 537

DISTRIBUTION:
Nasdaq Helsinki Oy
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,
Mavic, Suunto 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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