As communicated in our Q3 results presentation, we are providing an update on
the outlook for 2026 as well as an update on our expectations for 2025.

Outlook for 2026: We expect 2026 to be another good year for Wallenius
Wilhelmsen with adjusted EBITDA in the range of USD 1.65bn - 1.75bn due to
continued solid demand for our services and a strong book of business. The
outlook assumes no material adverse events or disruptions, and does not include
any costs associated with USTR port fees.

Outlook for 2025: For Q4 2025, we expect adjusted EBITDA to end about USD 50m
below Q3 2025 due to slightly softer results across all business areas combined
with year-end one off costs in the quarter. The above excludes around USD 22m in
USTR port fees before customer cost recovery. 

Based on the expectations for Q4 2025, adjusted EBITDA for 2025 is expected to
be the second-best year in the history of Wallenius Wilhelmsen.



For further information, please contact:

Anders Redigh Karlsen - VP Global IR & Market Insight
Tel: +47 994 20 293
Email: anders.karlsen@walwil.com

Vibeke Norum-Monsen - VP External Relations & Crisis Management 
Tel: +47 916 65 285
Email: vibeke.norum-monsen@walwil.com

About Wallenius Wilhelmsen:

The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo)
shipping and vehicle logistics, managing the distribution of cars, trucks,
rolling equipment and breakbulk to customers all over the world. The company
operates around 128 vessels servicing 15 trade routes to six continents, a
global inland distribution network, 70 processing centers and eight marine
terminals. With a head office in Oslo, Norway, the Wallenius Wilhelmsen group
has 9,500+ employees working across 28 countries worldwide.

Read more at: walleniuswilhelmsen.com