Amer Sports moves into the next phase of restructuring to further accelerate profitable long-term growth towards 2020

Amer Sports Corporation
STOCK EXCHANGE RELEASE
July 24, 2014 at 12.50 pm


Following the successful completion of the restructuring announced in 2012 Amer
Sports now moves into the next phase of restructuring. The primary objectives
are to re-ignite profitable growth in Ball Sports and to further accelerate Amer
Sports' growth towards 2020 especially in Apparel and Footwear, Business to
Consumer, and digital products and services. The program will help to drive
further scale and synergies across the Group and it will enable re-allocation of
resources into the focus acceleration areas.

This phase of the restructuring will be executed during the next 18-24 months.
Related non-recurring expenses of approximately EUR 60 million will mostly be
recognized during the second half of 2014. Approximately EUR 25 million of the
total expenses will have cash flow impact.

The restructuring is Group-wide and focused on the following key areas:

  * Re-igniting profitable growth in Ball Sports, especially in Individual Ball
    Sports, including termination of low-profitability sales and non-core
    product lines and related R&D, and restructuring of Wilson Apparel and
    Footwear and Go-to-Market model.
  * Resource re-allocation to support faster growth in the Group's strategic
    growth areas: Apparel and Footwear, Business to Consumer, and consumer
    engagement through digital products and services.
  * Driving further scale and synergies and decreasing complexity and
    duplication in business areas, regions, functions, sites and platforms.


For further information, please contact:
Päivi Antola, Director, Corporate Communications and IR, tel. +358 20 712 2537

Amer Sports Corporation

DISTRIBUTION:
NASDAQ OMX 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,
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 OMX Helsinki stock exchange (AMEAS).


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