Amer Sports Corporation has entered into a seven-year EUR 1,236 million intercompany facilities agreement with Mascot Bidco Oy, under which Mascot Bidco makes available to Amer Sports a term facility of up to approximately EUR 921 million for the refinancing of existing indebtedness and a revolving facility of up to EUR 315 million for general corporate purposes (the "Facilities"). The Facilities are made available to Amer Sports by Mascot Bidco under and subject to the terms of the financing obtained by Mascot Bidco and its parent companies from independent third party banks for such purposes.