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SHARE-BASED PAYMENTS
 3 Months Ended
Mar. 31, 2026
Disclosure of terms and conditions of share-based payment arrangement [abstract]  
SHARE-BASED PAYMENTS SHARE-BASED PAYMENTS
The Company has various long-term incentive programs which are designed to align the interest of the shareholders and key employees in order to increase the value of the Company in the long-term, and to commit key employees to the Company.
Share-based payment expense, which is classified as selling, general, and administrative expenses on the unaudited condensed consolidated interim statement of income and other comprehensive income was as follows:
For the three months ended
March 31,
In millions20262025
Restricted and performance share units$9.3 $3.8 
Equity-settled share options2.4 2.7 
Cash-settled awards1.0 0.0 
Total$12.7 $6.5 
Employee Stock Ownership Plan 2019 and 2023
The Company made grants of options under the Employee Stock Ownership Plan 2019 (“2019 ESOP”) and the Employee Stock Ownership Plan 2023 (“2023 ESOP”), a portion of which became eligible for vesting upon the “exit event” (public offering of the shares of the Company), which management deemed probable on December 28, 2023, and closed on February 5, 2024.
In addition to an exit event, 35% of the options granted are time-vested, which vested ratably over five years (for the 2019 ESOP) and three years (for the 2023 ESOP), and 65% of the options granted vested according to attainment of Group and/or brand performance conditions during the three months ended March 31, 2026.
The following table summarizes the activity of share options under the 2019 and 2023 ESOP during the three months ended March 31, 2026 and 2025.
For the three months ended March 31,
20262025
2019 & 2023 ESOPNumber of
options		Weighted
average
exercise price		Number of
options		Weighted
average
exercise price
Outstanding at January 1,8,874,994 $9.98 12,707,244 $10.02 
Granted during the year— — — — 
Forfeited during the year— — (1,027,769)10.55 
Exercised during the year(369,402)10.50 (153,473)10.31 
Outstanding at March 31,8,505,592 9.95 11,526,002 9.98 
Exercisable at March 31,7,943,157 $9.85 6,264,431 $9.93 
The options outstanding had a remaining weighted average contractual life of 3.75 years and 4.75 years at March 31, 2026 and March 31, 2025, respectively.
Amer Sports, Inc. 2024 Omnibus Incentive Plan
The Company made grants of restricted share units (“RSUs”) that generally vest ratably over a period of three years, subject to continued employment of the recipients. The Company also made grants of performance share units (“PSUs”), which generally vest at the end of a three-year period, subject to continued employment and the achievement of certain revenue and Adjusted EBITDA targets.
Fair value of units granted
The following table summarizes the activity in RSUs for employees and non-employee directors during the three months ended March 31, 2026 and 2025.
For the three months ended March 31,
20262025
RSU'sNumber of
units		Weighted Average
Grant Date Fair Value		Number of
units		Weighted Average
Grant Date Fair Value
Outstanding at January 1,1,271,589 $21.27 1,018,974 $13.63 
Granted during the year— — 6,44827.98 
Vested during the year(17,422)18.53 (57,850)13.04 
Forfeited during the year(16,363)20.69 (16,405)13.84 
Outstanding at March 31,1,237,804 $21.31 951,167$13.76 
The following table summarizes the activity in PSUs for employees during the three months ended March 31, 2026 and 2025.
For the three months ended March 31,
20262025
PSU'sNumber of
units		Weighted Average
Grant Date Fair Value		Number of
units		Weighted Average
Grant Date Fair Value
Outstanding at January 1,2,870,085$19.62 1,888,821 $14.55 
Granted during the year— — — — 
Vested during the year(72,758)16.57 (7,333)14.55 
Forfeited during the year(36,807)19.93 (30,573)14.61 
Outstanding at March 31,2,760,520$19.69 1,850,915 $14.55