Amer Sports to start repurchases of own shares

Amer Sports Corporation STOCK EXCHANGE RELEASE August 15, 2011 at 6:30 pm Amer Sports Board of Directors has today decided to utilize the authorization given by the Annual General Meeting held on March 10, 2011 to repurchase Amer Sports shares. The repurchases will start at the earliest on August 23, 2011 and end on June 30, 2012 at the latest. The amount to be acquired is maximum three (3) million shares. The 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 Stock Exchange at the prevailing market price at the time for acquisition. The shares shall be repurchased and paid for in accordance with the rules of NASDAQ OMX Helsinki and Euroclear Finland Ltd. For further information, please contact: Päivi Antola, Director, Corporate Communications and Investor Relations, tel. +358 9 7257 8233 DISTRIBUTION: NASDAQ OMX Helsinki Major media AMER SPORTS Amer Sports ( 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. Amer Sports to start repurchases of own shares : This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Amer Sports Oyj via Thomson Reuters ONE [HUG#1538516]