2021-05-06 16:15:00 CEST

2021-05-06 16:15:13 CEST


REGULATED INFORMATION

English
Wärtsilä - Other information disclosed according to the rules of the Exchange

Wärtsilä completes the repurchases of own shares


Wärtsilä Corporation, stock exchange release, 6 May 2021 at 5.15 PM EEST

As communicated on 22 April 2021, the Board of Directors of Wärtsilä Corporation
decided to use the authorisation given by the Annual General Meeting held on 4
March 2021 to repurchase the company’s own shares.

The repurchases started on 27 April 2021 and ended on 5 May 2021. During this
period, Wärtsilä repurchased 1,700,000 shares for an average price of EUR
10.8007 per share, corresponding to approximately 0.29% of the total number of
the company’s shares, which is 591,723,390.

The repurchased shares are to be used for pay-outs under the share-based
incentive programmes of Wärtsilä Corporation. The shares were repurchased
through public trading on Nasdaq Helsinki at the market price prevailing at the
time of repurchase.

Following the repurchases, the company holds a total of 1,700,000 shares.

Wärtsilä Corporation
Board of Directors
For further information, please contact:
Kari Hietanen
Executive Vice President, Corporate Relations and Legal Affairs
Tel. +358 10 709 5609
kari.hietanen@wartsila.com
Emilia Rantala
Manager, Investor Relations
Tel. +358 10 709 1114
emilia.rantala@wartsila.com
Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle
solutions for the marine and energy markets. By emphasising sustainable
innovation, total efficiency and data analytics, Wärtsilä maximises the
environmental and economic performance of the vessels and power plants of its
customers. In 2020, Wärtsilä’s net sales totalled EUR 4.6 billion with
approximately 18,000 employees. The company has operations in over 200 locations
in more than 70 countries around the world. Wärtsilä is listed on Nasdaq
Helsinki.
www.wartsila.com