Wilh. Wilhelmsen Holding ASA: Third quarter 2026 results

Solid performance from the operating businesses delivered an EBITDA of USD 61
million in the third quarter. Combined with continued positive contribution from
associates, this resulted in a net profit of USD 155 million for the period. 

Total income for the group was USD 327 million, up 5% from the corresponding
period last year, and up 2% from the second quarter of 2026. EBITDA ended at USD
61 million, up 47% from the corresponding period last year and down 2% from the
previous quarter.

"Solid performance across our operating businesses continued in the quarter, and
contributions from key strategic investments further supported the result. While
uncertainty persists, we remain focused on maintaining resilience and financial
flexibility, enabling us to perform through cycles and volatility while
continuing to execute our long-term strategy," says Thomas Wilhelmsen, Group
CEO.

The Maritime Services segment had a total income of USD 238 million in the third
quarter. This was up 7% from the corresponding period last year and up 4% from
the previous quarter. 

Total income for the New Energy segment was USD 88 million, which was stable
year-over-year, but down 4% from the previous quarter. 

The Strategic Holdings and Investments segment reported a profit of USD 126
million in the third quarter. This was slightly down from the corresponding
period last year, but up from previous quarter, driven by higher share of
profits from Wallenius Wilhelmsen and Hyundai Glovis.

Net profit to equity holders of the company after financial items and tax was
USD 154 million, equal to USD 3.70 earnings per share (EPS).

A second dividend of NOK 8.50 per share will be paid on 19 November. This comes
in addition to the first dividend of NOK 20.00 per share paid in May, and is in
line with the targeted long-term dividend yield of 3-5%.

Commenting on the outlook for the group, Wilhelmsen says:
"Considerable uncertainty persists, specifically regarding geopolitical tension,
the ongoing conflict in the Middle East, and an uncertain global trade
environment, potentially impacting future performance and cash inflow. However,
the group retains its capacity to support, grow, and expand the business
portfolio, and to deliver yearly dividends in line with the dividend policy."


For further information, please contact:

Investors:
Anna Kverneland
VP Investor Relations
Wilh. Wilhelmsen Holding ASA
Tel: (+47) 452 24 897
anna.kverneland@wilhelmsen.com

Media:
Ole Jakob Ytterdal
VP Corporate Communication
Wilh. Wilhelmsen Holding ASA
Tel: +47 970 88 362
ole.j.ytterdal@wilhelmsen.com

About Wilhelmsen
Wilhelmsen is an industrial holding company within the maritime industry. The
group's main activities are within maritime services, offshore energy services,
and RoRo shipping and vehicle logistics. These activities are carried out
through fully and partly owned entities, most of which are among the market
leaders within their segments. Founded in Norway in 1861, Wilhelmsen maintains a
vision of shaping the maritime industry.

Read more at: wilhelmsen.com.

This information is subject to the disclosure requirements pursuant to section
of 5-12 of the Norwegian Securities Trading Act
 to the disclosure requirements pursuant to section\
of 5-12 of the Norwegian Securities Trading Act\