Samsonite International S A : Grant of Share Options and Restricted Share Units Pursuant to the Share Award Scheme

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SAMSONITE INTERNATIONAL S.A.

新秀麗國際有限公司

13-15 Avenue de la Liberté, L-1931 Luxembourg

R.C.S. LUXEMBOURG: B 159.469 (Incorporated in Luxembourg with limited liability)

(Stock code: 1910)

GRANT OF SHARE OPTIONS AND RESTRICTED SHARE UNITS

PURSUANT TO THE SHARE AWARD SCHEME

On December 4, 2018, the Company granted Options and Restricted Share Units pursuant to the Share Award Scheme to Mr. Reza Taleghani, the Chief Financial Officer of the Company. Details of the grants of Options and RSUs are set out in this announcement. This announcement is made pursuant to Rule 17.06A of the Listing Rules.

A.

Introduction

Samsonite International S.A. (the "Company") refers to (i) the circular issued by the Company

on September 3, 2018 (the "Circular") in relation to, among other things, the grant of a mandate to the directors of the Company to grant awards of restricted share units (the "RSUs") under the

Share Award Scheme and (ii) the announcement issued by the Company on October 11, 2018 in relation to the approval by the Remuneration Committee of further offers of grants of options and/or RSUs pursuant to the Share Award Scheme for newly hired and/or promoted executive directors, managers or employees of the Group. Unless otherwise defined, capitalized terms used in this announcement shall have the same meanings given to them in the Circular.

The Board announces that on December 4, 2018 (the "Grant Date"), pursuant to the Share Award Scheme, the Company granted share options (the "Options") and RSUs to Mr. Reza

Taleghani ("Mr. Taleghani"), the Chief Financial Officer of the Company, subject to acceptance by Mr. Taleghani.

Details of the grants of Options and RSUs made are set out below.

• B. Details of the Grants of Options

  Grant DateNumber of Shares issuable under the Options granted:

  December 4, 2018 1,194,180

  Exercise price of the Options granted: HK$25.00

  Closing price of the Shares on the Grant HK$25.00 Date:

  Validity period of the Options granted:

  10 years from the Grant Date and the Options will lapse on December 4, 2028

  Vesting dates of the Options granted:

  25% of the Options granted will vest on each of December 4, 2019, December 4, 2020, December 4, 2021 and December 4, 2022

• C. Details of the Grant of Time-Based RSUs ("TRSUs")

  Grant Date:	December 4, 2018
  Number of Shares underlying the TRSUs	462,762
  granted:
  Vesting dates of the TRSUs granted:	One-third of the TRSUs granted will vest on
  each of December 4, 2019, December 4, 2020
  and December 4, 2021

• D. Details of the Grant of Performance RSUs ("PRSUs")

Grant Date:	December 4, 2018
Initial or target number of Shares	157,448
underlying the PRSUs granted(1):
Threshold number of Shares underlying the	39,362
PRSUs granted(1):
Maximum number of Shares underlying the	314,896
PRSUs granted(1):
Performance conditions:	Please refer to pages 19 to 21 of the Circular
for details.
Vesting date of the PRSUs granted:	December 4, 2021, subject to achievement of
the performance conditions

Note:

(1)The final number of Shares which vest under the PRSUs will vary depending on the level of achievement of the performance conditions applicable to the PRSU grants made to Mr. Taleghani, thereby ensuring that the actual payout is linked to the Company's performance.

By Order of the Board SAMSONITE INTERNATIONAL S.A.

Timothy Charles Parker

Chairman

Hong Kong, December 4, 2018

As of the date of this announcement, the Executive Director is Kyle Francis Gendreau, the Non-Executive Directors are Timothy Charles Parker, Tom Korbas and Jerome Squire Griffith, and the Independent Non-Executive Directors are Paul Kenneth Etchells, Keith Hamill, Bruce Hardy McLain (Hardy) and Ying Yeh.