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 total holding in shares and voting rights on 10 April 2023. Following the transaction, BlackRock, Inc. owns 5.03% of Wärtsilä's shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.15%.

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 5.03% 0.12% 5.15% 591,723,390
situation on the
date on
which threshold
was crossed or
reached
Position of 4.97% 0.12% 5.09%
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 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 29,772,890 5.03%
SUBTOTAL A 29,772,890 5.03%

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 351,766 0.05%
Lent
CFD N/A N/A Cash 383,569 0.06%
SUBTOTAL B 735,335 0.12%