Transfer of Wärtsilä Corporation’s own shares for incentive plan reward payment
The Board of Directors of Wärtsilä Corporation has decided on a directed share issue for the reward payments based on the Performance Share Plan 2022–2024 in accordance with the terms and conditions of the plan. In the share issue, 356,145 Wärtsilä shares held by the company will be transferred without consideration approximately on 4 March 2025 to the participants who are entitled to reward on the basis of Performance Share Plan 2022–2024. More detailed information about the launch and the terms and conditions of the plan is available in the stock exchange release published on 28 February 2022.
The resolution on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 7 March 2024.
After the transfer of shares, Wärtsilä holds a total of 2,286,430 own shares.
For further information, please contact:
Hanna-Maria Heikkinen
Vice President, Investor Relations
Tel: +358 10 709 1461
hanna-maria.heikkinen@wartsila.com
Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. Our dedicated and passionate team of 18,300 professionals in more than 230 locations in 77 countries shape the decarbonisation transformation of our industries across the globe. In 2024, Wärtsilä’s net sales totalled EUR 6.4 billion. Wärtsilä is listed on Nasdaq Helsinki. http://www.wartsila.com
