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

Wärtsilä Corporation,
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21 September 2020 at 1:00 PM E. Europe Standard Time

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 18 September 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 4.78% 0.78% 5.57% 591,723,390
Position of previous notification (if applicable) 5.03% 0.54% 5.58%

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 28,308,228 4.78%
SUBTOTAL A 28,308,228 4.78%

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 4,372,957 0.73%
CFD N/A N/A Cash 295,818 0.04%
SUBTOTAL B 4,668,775 0.78%

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