Transfer of Wärtsilä Corporation’s own shares for incentive plan reward payment

The Board of Directors of Wärtsilä Corporation has decided on a directed share issue for the reward payments in accordance with the terms and conditions of the following Plans: 

• The Performance Share Plan 2023–2025: 1,090,379 Wärtsilä shares held by the company will be transferred without consideration to the participants who are entitled to a reward on the basis of the plan. More detailed information about the launch and the terms and conditions of the plan is available in the stock exchange release published on 31 January 2023.
• The Performance Share Plan 2024–2026: 11,295 Wärtsilä shares held by the company will be transferred without consideration to the participants who are entitled to a reward on the basis of the plan. More detailed information about the launch and the terms and conditions of the plan is available in the stock exchange release published on 31 January 2024.
• The Performance Share Plan 2025–2027: 4,044 Wärtsilä shares held by the company will be transferred without consideration to the participants who are entitled to a reward on the basis of the plan. More detailed information about the launch and the terms and conditions of the plan is available in the stock exchange release published on 5 February 2025.
• The Restricted Share Plan 2024–2026: 3,570 Wärtsilä shares held by the company will be transferred without consideration to the participants who are entitled to a reward on the basis of the plan. More detailed information about the launch and the terms and conditions of the plan is available in the stock exchange release published on 31 January 2024.
• All the above 1,109,288 shares will be transferred approximately on 26 February 2026 to the participants.

The resolution on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 13 March 2025.

After the transfer of shares, Wärtsilä holds a total of 2,177,142 own shares.

Further information:

Hanna-Maria Heikkinen
Vice President, Investor Relations
Tel. +358 10 709 1461
hanna-maria.heikkinen@wartsila.com

Wärtsilä in brief

Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. Our dedicated and passionate team of 17,900 professionals in 199 locations in 78 countries shape the decarbonisation transformation of our industries across the globe. In 2025, Wärtsilä’s net sales totalled EUR 6.9 billion. Wärtsilä is listed on Nasdaq Helsinki. www.wartsila.com