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Regulatory press release

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

Wärtsilä
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Wärtsilä Corporation, flagging notification, 29 October 2025 at 15:30 EET

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

BlackRock, Inc. has informed Wärtsilä Corporation that it has crossed above the 5% disclosure limit on holding in shares and voting rights on 28 October 2025. Following the transaction, BlackRock, Inc. owns 4.92% of Wärtsilä's shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.01%.

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 4.92% 0.09% 5.01% 591,723,390
Position of previous notification (if applicable) Below 5% Below 5% Below 5%

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

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 29,142,069 4.92%
SUBTOTAL A 29,142,069 4.92%

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
American Depositary Receipt (US9365441057) N/A N/A Physical 128 0.00%
Securities Lent N/A N/A Physical 210,659 0.03%
CFD N/A N/A Cash 330,907 0.05%
SUBTOTAL B 541,694 0.09%
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