In 2025, we conducted a comprehensive review of our double materiality assessment (DMA) to identify, assess, and understand sustainability-related impacts, risks, and opportunities across our value chain — and to strengthen the foundation for our sustainability strategy and reporting in preparation for CSRD and ESRS alignment.

The DMA confirmed the most material sustainability topics for Amer Sports and provided key insights to shape our sustainability strategy. It identified both the outward impacts of our business on people and the environment, and the inward risks and opportunities that sustainability factors present to our business model.

The assessment covered the entire Amer Sports value chain, spanning both our own activities and those in the upstream and downstream segments, and considers local and brand-specific context. It included two perspectives:

• Impact materiality: Impacts our business has on people and the environment, considering both positive and negative impacts, actual and potential

• Financial materiality: Environmental, Social, and Governance (ESG)-related business risks and opportunities that have a financial impact on our business

The Amer Sports double materiality process

The assessment was conducted in five phases:

1) value chain mapping
2) impact assessment
3) financial assessment (risks & opportunities)
4) material topics and impacts, risks and opportunities
5) results

As a result of the assessment, seven material topics in line with European Sustainability Reporting Standards (ESRS) were identified as material to Amer Sports’ business and defined for reporting. Results were validated internally and approved by our governance bodies, and are used to steer strategy, target setting, and risk management.

Material topics

• E1 Climate change
• E2 Pollution
• E5 Circular economy
• S1 Own workforce
• S2  Workers in the value chain
• S4 Consumers and end-users
• G1 Business conduct

Read more about our double materiality assessment process in our Sustainability Report 2025.