Notification in accordance with the Finnish Securities Market Act Chapter 9 § 10: BlackRock, Inc.'s holding in Wärtsilä Corporation

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 10: BlackRock, Inc.'s holding in Wärtsilä Corporation
Wärtsilä Corporation has received a notification under Chapter 9, Section 10 of the Finnish Securities Market Act (FSMA). The reason for the notification by BlackRock, Inc. is the Group restructure following the acquisition of Global Infrastructure Management LLC ("GIP") on 1 October 2024. The aggregate holdings including financial instruments owned by BlackRock, Inc. and the entities referred to above amounts to 5.49% of the total number of shares and voting rights of Wärtsilä Corporation. The share stock of Wärtsilä Corporation consists of 591,723,390 shares, each entitling one vote.

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 5.40% 0.08% 5.49% 591,723,390
situation on the
date on
which threshold
was crossed or
reached
Position of 5.16% 0.10% 5.26%
previous
notification
(if applicable)

Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights

Class / type Number of % of
of shares shares and 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 32,011,089 5.40%
SUBTOTAL A 32,011,089 5.40%

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 383,477 0.06%
Lent
CFD N/A N/A Cash 134,475 0.02%
SUBTOTAL B 517,952 0.08%