Wärtsilä Oyj Abp

Wärtsilä Corporation's Shareholders' Nomination Board has made proposals for the Annual General Meeting on March 13, 2025. They propose maintaining the Board of Directors at eight members, re-electing Karen Bomba, Morten H. Engelstoft, Karin Falk, Johan Forssell, Tom Johnstone, Tiina Tuomela, and Mika Vehviläinen, and appointing Henrik Ehrnrooth as a new member. Mats Rahmstöm will not seek re-election. All proposed members are independent of the company, except Tom Johnstone and Johan Forssell, who are linked to Investor AB. The Board will choose its Chair and Deputy Chair. The Nomination Board also suggests keeping the Board's remuneration unchanged. The Nomination Board comprises representatives from Wärtsilä's four largest shareholders and the Board's Chairman. For more details, contact Kari Hietanen or Hanna-Maria Heikkinen. Wärtsilä is a leader in innovative technologies for the marine and energy sectors, with 17,800 employees in 79 countries and net sales of EUR 6.0 billion in 2023. It is listed on Nasdaq Helsinki.

Wärtsilä Corporation announced an update to its disclosure policy, approved by its Board of Management. The update includes technical updates and specifications but does not significantly alter the company's operating principles. The updated policy is available on Wärtsilä's website. Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets, focusing on sustainable technology and services. The company operates in 79 countries with 17,800 employees and reported net sales of EUR 6.0 billion in 2023. Wärtsilä is listed on Nasdaq Helsinki.

Wärtsilä Corporation announced its schedule for financial information and its Annual General Meeting in 2025. The Annual Report for 2024 will be released by February 19, 2025, and the Annual General Meeting is planned for March 13, 2025, with the Board of Directors to summon the meeting later. Wärtsilä is a global leader in innovative technologies for the marine and energy markets, focusing on sustainable solutions to enhance environmental and economic performance. The company employs 17,800 people across 280 locations in 79 countries and reported net sales of EUR 6.0 billion in 2023. Wärtsilä is listed on Nasdaq Helsinki. For more information, contact Hanna-Maria Heikkinen, Vice President, Investor Relations.

Wärtsilä Corporation announced that its President & CEO, Håkan Agnevall, will be on sick leave due to a planned routine surgery and is expected to return by 25 November 2024. In his absence, Roger Holm, President of Wärtsilä Marine and Executive Vice President, will take over the CEO duties. Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets, focusing on sustainable technology and services. The company employs 17,800 professionals across 280 locations in 79 countries, with 2023 net sales of EUR 6.0 billion. Wärtsilä is listed on Nasdaq Helsinki.

Wärtsilä Corporation released its Interim Report for January–September 2024, highlighting improved net sales, profitability, and cash flow. The company expects a better demand environment in both the Marine and Energy sectors over the next 12 months. President & CEO Håkan Agnevall noted stable market conditions but acknowledged increased geopolitical risks. Wärtsilä observed growth in renewable energy demand and signed significant contracts, including supplying engines to the Kentucky Municipal Energy Agency and converting a vessel to ammonia fuel for Eidesvik. The company also signed a five-year Lifecycle Agreement with Royal Caribbean Group. Wärtsilä's order intake grew by 4% organically in the third quarter, with increased service orders and a slight decrease in equipment orders. Net sales rose by 21% organically, and the operating result improved by 41%. The company continues to focus on its Energy Storage & Optimisation strategy and remains optimistic about future growth prospects. An engagement survey showed high employee commitment. A virtual analyst and press conference was scheduled for 29 October 2024. Wärtsilä is a leader in sustainable marine and energy technologies, with operations in 79 countries and net sales of EUR 6.0 billion in 2023.