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

Wärtsilä Corporation, Flagging notifications 6 March 2025 at 16:30 UTC+2

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 below the 5% disclosure limit on holding in shares and voting rights, excluding financial instruments according to SMA 9:6a, on 5 March 2025. Following the transaction, BlackRock, Inc. owns 4.86% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.32%.

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 4.86% 0.45% 5.32% 591,723,390
Position of previous notification (if applicable) 5.01% 0.44% 5.46%

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

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 28,815,873 4.86%
SUBTOTAL A 28,815,873 4.86%

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
Securities Lent N/A N/A Physical 24,601 0.00%
CFD N/A N/A Cash 2,656,844 0.44%
SUBTOTAL B 2,681,445 0.45%