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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27 July 2020 at 3:00 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 above the 5% disclosure limit on shares and voting rights on 24 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 5.12% 0.41% 5.54% 591,723,390
Position of previous notification (if applicable) 4.88% 0.44% 5.33%

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 30,310,666 5.12%
SUBTOTAL A 30,310,666 5.12%

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 2,472,385 0.41%
SUBTOTAL B 2,472,385 0.41%

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