Dividend policy

Updated 22.2.2023

Wärtsilä's target is to pay a dividend of at least 50% of operational earnings over the cycle.

Dividend in 2023

The Board of Directors proposes that a dividend of EUR 0.26 per share be paid for the financial year 2022. The
parent company’s distributable funds total EUR 1,080,636,552.76, which includes EUR 196,530,548.11 in net profit
for the year. There are 590,023,390 shares with dividend rights. The dividend shall be paid in two instalments.

The first instalment of EUR 0.13 per share shall be paid to the shareholders who are registered in the list of
shareholders maintained by Euroclear Finland Oy on the dividend record date of 13 March 2023. The payment day
proposed by the Board for this instalment is 20 March 2023.

The second instalment of EUR 0.13 per share shall be paid in September 2023. The dividend record day of the
second instalment shall be 13 September 2023 and the second instalment of the dividend shall be paid to
shareholders who are registered in the list of shareholders maintained by Euroclear Finland Oy on such day. The
Board proposes the second instalment is paid on 20 September 2023.

Dividend history