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

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 6 August 2020.

Total position of BlackRock, Inc. and its funds subject to the notification:

% of % of shares Total of Total number of shares
shares and voting both in % and voting rights of
and rights issuer
voting through
rights financial
instruments
Resulting 5.08% 0.39% 5.47% 591,723,390
situation on the
date on
which threshold
was crossed or
reached
Position of 4.99% 0.43% 5.43%
previous
notification
(if applicable)

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights

Class/type Number of % of
of shares and shares
shares voting and
rights voting
rights
Direct Indirect (SMA Direct Indirect (SMA 9:6 and 9:7)
(SMA 9:5) 9:6 and 9:7) (SMA
9:5)
FI0009003727 30,068,850 5.08%
SUBTOTAL A 30,068,850 5.08%

B: Financial instruments according to SMA 9:6a

Type of Expiration Exercise/ Physical or Number of shares % of shares
financial date conversion cash and voting rights and voting
instrument period settlement rights
Securities N/A N/A Physical 2,112,415 0.35%
Lent
CFD N/A N/A Cash 201,531 0.03%
SUBTOTAL B 2,313,946 0.39%