Wärtsilä Corporation – Manager’s transaction: Engelstoft, Morten H.

Wärtsilä Corporation – Manager’s transaction: Engelstoft, Morten H.

Wärtsilä’s Annual General Meeting held on 7 March 2024 decided that approximately 40% of the annual fee to the members of the Board of Directors be paid in Wärtsilä shares. Pursuant to this decision, shares have been acquired as follows to member of the Board Morten H. Engelstoft:

Wärtsilä Corporation – Managers’ Transactions

____________________________________________

Person subject to the notification requirement

Name: Morten H. Engelstoft

Position: Member of the Board/Deputy member

 Issuer: Wärtsilä Corporation

LEI: 743700G7A9J1PHM3X223

Notification type: INITIAL NOTIFICATION

Reference number: 61740/4/4

____________________________________________

Transaction date: 2024-05-06

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009003727

Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 1789 Unit price: 17.88 EUR

Aggregated transactions (1):

Volume: 1789 Volume weighted average price: 17.88 EUR

More information:

Hanna-Maria Heikkinen
Vice President, Investor Relations
Tel. +358 10 709 1461
[email protected]

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 17,800 professionals in more than 280 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2023, Wärtsilä’s net sales totalled EUR 6.0 billion. Wärtsilä is listed on Nasdaq Helsinki. www.wartsila.com