Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: Changes in Investor AB and Fiskars Group’s ownership in Wärtsilä

Wärtsilä has today been informed that Fiskars, Investor and their joint venture Avlis AB have signed an agreement which results in the following changes in ownership:

Avlis Invest AB acquires 15,759,566 shares or 7.99% of Wärtsilä’s share capital and total votes from Avlis AB. All Avlis Invest AB’s shares will be distributed to Invaw Holding AB, a wholly-owned subsidiary of Investor AB. Fiskars acquires 9,881,781 shares or 5.01% of Wärtsilä’s share capital and total votes from Avlis AB. The shareholder’s agreement between Fiskars and Investor will be terminated and their joint venture, which held 42,948,325 shares, representing 21.77% of Wärtsilä’s share capital and total votes, dissolved.

Following the transaction Investor AB’s indirect ownership in Wärtsilä will increase above 15% to 33,066,544 shares or 16.76% of Wärtsilä’s share capital and total votes. Fiskars Group will directly own 9,881,781 shares or 5.01% of Wärtsilä’s share capital and total votes.