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

Wärtsilä Corporation, Stock exchange release, 28 July 2020 at 4:15 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 that it has crossed below the 5% disclosure limit on shares and voting rights on 27 July 2020.

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 Total of both in % Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 4.98% 0.46% 5.44% 591,723,390
Position of previous notification (if applicable) 5.12% 0.41% 5.54%

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 29,485,106 4.98%
SUBTOTAL A 29,485,106 4.98%

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 2,741,572 0.46%
CFD N/A N/A Cash 741 0.00%
SUBTOTAL B 2,742,313 0.46%

About Us

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.

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