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

Wärtsilä's Board of Directors decides on a new share-based incentive scheme and an ownership recommendation policy for the Board of Management

Wärtsilä Corporation, Stock exchange release, 27 January 2017 at 9.15 am EET

Wärtsilä's Board of Directors decides on a new share-based incentive scheme and
an ownership recommendation policy for the Board of Management

Wärtsilä Corporation's Board of Directors has decided on a new long-term share-
based incentive scheme, as well as on the following share ownership
recommendation policy with regard to the members of Wärtsilä's Board of
Management:

Each Board of Management member is expected to accumulate and, once achieved,
maintain a share ownership in Wärtsilä which at least corresponds to the
individual's annual gross base salary. Board of Management members shall acquire
Wärtsilä shares with 50% of the net bonuses received under the company's long-
term bonus scheme until the above share ownership level has been achieved. The
shares shall be acquired by a third party stock broker from the stock market
during the ten consecutive trading days following the publication of Wärtsilä's
financial results for the final year of each individual bonus scheme.

Wärtsilä's bonus scheme 2016 comprises 2,139,000 bonus rights. The bonus payment
is based on the share price development during the three-year period on the
basis of a share price of EUR 48.57. The bonus cannot exceed EUR 18.21 per bonus
right and it takes into account 100% of dividends paid. The 2016 bonus scheme
will be due for payment in February 2020. The bonus scheme applies to Wärtsilä's
senior management, consisting of approximately 100 directors.

The principles relating to Wärtsilä's long-term incentive schemes are further
described in the company's Salary and Remuneration Report and on its website.

For further information, please contact:

Kari Hietanen
Executive Vice President, Corporate Relations and Legal Affairs
Wärtsilä Corporation
Tel. +358 10 709 5609
kari.hietanen@wartsila.com

Natalia Valtasaari
Director, Investor & Media Relations
Wärtsilä Corporation
Tel: +358 10 709 5637
natalia.valtasaari@wartsila.com

Wärtsilä in brief
Wärtsilä is a global leader in advanced technologies and complete lifecycle
solutions for the marine and energy markets. By emphasising sustainable
innovation and total efficiency, Wärtsilä maximises the environmental and
economic performance of the vessels and power plants of its customers. In 2016,
Wärtsilä's net sales totalled EUR 4.8 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



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