Rules of procedure for the Managing Directors of PUMA SE

(Convenience Translation)

PUMA SE (the “Company”, together with its affiliates according to Sections 15 et. seq. AktG, the “PUMA Group”) has a one-tier board system with an administrative board according to Art. 43 sent. 1 of the Council Regulation (EC) no. 2157/2001 of 8 October 2001 on the Statute of a European Company (SE) (the “Board”). The Board is entitled to appoint managing directors of the Company (the “Managing Directors”) according to Section 13 para. 1 of the articles of association of the Company (the “Articles of Association”) and to adopt rules of procedure for the Managing Directors according to Art. 9 para. 2 of the Articles of Association. The Board unanimously adopted the following rules of procedure for the Managing Directors (the “Rules of Procedure”):