Risk management

Once a year, the Board of Directors analyzes risks connected with Amer Sports’ operations. Responsibility for the risk management related to line operations rests with the Amer Sports’ business areas, which report regularly on the main risks connected with their operations to the Group management.

The property, loss-of-profits and liability risks arising from Amer Sports’ operations are covered by taking out the appropriate insurance policies. In addition to worldwide insurance programs, local policies are used to supplement cover, for example, when there are special legislation-related needs.

The management of financial risks is centralized within the Amer Sports Corporation’s treasury function. The guidelines for risk management are set out in the financing strategy, which is approved by the Board of Directors and encompasses the principles and risk limits connected with the balance sheet structure, relations with finance providers and other financing risks. In addition, corporate headquarters has a financing group that monitors implementation of the financing strategy. Amer Sports’ treasury management agrees with the business areas and subsidiaries on application of financing principles.