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                                  adidas AG
                                  05.12.2019 / 15:00
                                  Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG.
                                  The issuer is solely responsible for the content of this announcement.

                                  Notification of Major Holdings

                                  1. Details of issuer
                                  Name:adidas AG
                                  Street:Adi-Dassler-Straße 1
                                  Postal code:91074
                                  City:Herzogenaurach
                                  Germany
                                  Legal Entity Identifier (LEI):549300JSX0Z4CW0V5023

                                  2. Reason for notification
                                  XAcquisition/disposal of shares with voting rights
                                   Acquisition/disposal of instruments
                                   Change of breakdown of voting rights
                                  XOther reason:
                                  Voluntary group notification with triggered threshold on subsidiary level

                                  3. Details of person subject to the notification obligation
                                  Legal entity: FMR LLC
                                  City of registered office, country: Wilmington, Delaware, United States of America (USA)

                                  4. Names of shareholder(s)
                                  holding directly 3% or more voting rights, if different from 3.
                                   

                                  5. Date on which threshold was crossed or reached:
                                  27 Nov 2019

                                  6. Total positions
                                   % of voting rights attached to shares
                                  (total of 7.a.)
                                  % of voting rights through instruments
                                  (total of 7.b.1 + 7.b.2)
                                  Total of both in %
                                  (7.a. + 7.b.)
                                  Total number of voting rights pursuant to Sec. 41 WpHG
                                  New5.14 %0.00 %5.14 %200416186
                                  Previous notification5.31 %0.00 %5.31 %/

                                  7. Details on total positions
                                  a. Voting rights attached to shares (Sec. 33, 34 WpHG)
                                  ISINAbsoluteIn %
                                   Direct
                                  (Sec. 33 WpHG)
                                  Indirect
                                  (Sec. 34 WpHG)
                                  Direct
                                  (Sec. 33 WpHG)
                                  Indirect
                                  (Sec. 34 WpHG)
                                  DE000A1EWWW010,306,397 %5.14 %
                                  Total10,306,3975.14 %

                                  b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
                                  Type of instrumentExpiration or maturity dateExercise or conversion periodVoting rights absoluteVoting rights in %
                                  %
                                    Total %

                                  b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
                                  Type of instrumentExpiration or maturity dateExercise or conversion periodCash or physical settlementVoting rights absoluteVoting rights in %
                                  %
                                     Total %

                                  8. Information in relation to the person subject to the notification obligation
                                   Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
                                  XFull chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

                                  Name% of voting rights (if at least 3% or more)% of voting rights through instruments (if at least 5% or more)Total of both (if at least 5% or more)
                                  FMR LLC % % %
                                  FIAM Holdings LLC. % % %
                                  FIAM LLC % % %
                                   
                                  FMR LLC % % %
                                  FIAM Holdings LLC. % % %
                                  Fidelity Institutional Asset Management Trust Company % % %
                                   
                                  FMR LLC % % %
                                  Fidelity Management & Research Company4.99 % % %
                                   
                                  FMR LLC % % %
                                  Fidelity Advisory Holdings LLC % % %
                                  Strategic Advisers LLC % % %

                                  9. In case of proxy voting according to Sec. 34 para. 3 WpHG
                                  (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)

                                  Date of general meeting:
                                  Holding total positions after general meeting (6.) after annual general meeting:
                                  Proportion of voting rightsProportion of instrumentsTotal of both
                                  % % %

                                  10. Other explanatory remarks:
                                   

                                  Date
                                  03 Dec 2019



                                  05.12.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
                                  Archive at www.dgap.de


                                  Language:English
                                  Company:adidas AG
                                  Adi-Dassler-Straße 1
                                  91074 Herzogenaurach
                                  Germany
                                  Internet:www.adidas-group.com

                                   
                                  End of NewsDGAP News Service

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                                  adidas AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

                                  adidas AG 05.12.2019/ 15:00 Dissemination of a Voting Rights Announcement transmitted by DGAP- a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Notification of Major Holdings 1. Details of issuerName:adidas AGStreet:Adi-Dassler-Straße 1Postal code:91074City:Herzogenaurach

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                                  adidas AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

                                  adidas AG 05.12.2019/ 15:00 Dissemination of a Voting Rights Announcement transmitted by DGAP- a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Notification of Major Holdings 1. Details of issuerName:adidas AGStreet:Adi-Dassler-Straße 1Postal code:91074City:Herzogenaurach