Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation

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Wärtsilä Corporation, Stock exchange release, 27 May 2019 at 2 pm EEST

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation

BlackRock, Inc. has informed Wärtsilä Corporation it has crossed below the 5% disclosure limit on shares and voting rights on 24 May 2019. Following the transaction BlackRock, Inc. owns 4.97% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.16%.

Total position of BlackRock, Inc. and its funds subject to the notification:

% of shares and voting rights % of shares and voting rights through financial instruments % of total Total number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached 4.97% 0.19% 5.16% 591,723,390
Position of previous notification (if applicable) 5.02% 0.16% 5.19%

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights

Class / type of shares Number of shares and voting rights % of shares and voting rights
Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7) Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7)
FI0009003727 29,441,298 4.97%
SUBTOTAL A 29,441,298 4.97%

B: Financial instruments according to SMA 9:6a:

Type of financial instrument Expiration date Exercise / Conversion Period Physical or cash settlement Number of shares and voting rights % of shares and voting rights
Securities Lent N/A N/A Physical 1,146,112 0.19%
SUBTOTAL B 1,146,112 0.19%

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