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

Wärtsilä Corporation, Flagging notifications 27 July 2020 at 09:00 UTC+2

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 23 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 4.88% 0.44% 5.33% 591,723,390
Position of previous notification (if applicable) 5.02% 0.78% 5.80%

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 28,925,115 4.88%
SUBTOTAL A 28,925,115 4.88%

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 2,582,863 0.43%
CFD N/A N/A Cash 50,948 0.00%
SUBTOTAL B 2,633,811 0.44%