Wallenius Wilhelmsen ASA - Contemplated buy-back of bonds

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE
UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES
OR THE DISTRICT OF COLUMBIA OR IN CANADA, ITS PROVINCES OR TERRITORIES, OR IN
ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS
ANNOUNCEMENT. 

November 13, 2026 - Wallenius Wilhelmsen ASA (the "Company") is contemplating a
buy-back of the following senior unsecured sustainability-linked bond issues as
part of its short-term liquidity management: 

NOK 1,250,000,000 Senior Unsecured Sustainability-Linked Bonds 2022/2027,
maturing 21 April 2027, with ISIN NO0012495912 ("WAWI02"); and 

NOK 1,000,000,000 Senior Unsecured Sustainability-Linked Bonds 2023/2028,
maturing 31 August 2028, with ISIN NO0012992090 ("WAWI03"). 

Danske Bank is acting as dealer manager of the buy-back (the "Dealer Manager").
The buy-back will be conducted as a "Reverse Dutch Auction", where the Company,
through the Dealer Manager, will receive offers for desired volume(s) at desired
price(s) for sale from bondholders on a confidential basis. The Company reserves
the right to accept any volume up to an accepted price, or to reject all
received offers in the contemplated buy-back. 

The aggregate maximum amount contemplated for the buy-back across WAWI02 and
WAWI03 is approximately NOK 930,000,000. The Company may determine, in its sole
discretion, the allocation of the buy-back amount between the two bond issues. 

Eligible bondholders are hereby invited to provide offers for sale of all or a
portion of their bonds through submission of the attached bondholders offer form
(the "Bondholders Offer Form"). The deadline for submission is 16:00 CET, 27
November 2026. Prior to 09:00 CET, 30 November, the Company will decide upon the
highest buy-back price for each bond issue (each a "Buy-Back Price") that the
Company accepts and, consequently, the total amount of bonds to be purchased in
each bond issue, if any. 

All bondholders with offers equalling the relevant Buy-Back Price or lower will
receive the relevant Buy-Back Price on allocated amounts up to the amounts
offered within the accepted maximum price. The Company may, in its sole
discretion, reduce the number of bonds to be acquired on a pro rata basis for
bonds offered at the relevant Buy-Back Price. Cash settlement is expected to
take place on 7 December 2026. 

The acquired bonds will be cancelled following settlement. The Company will only
accept offers from bondholders or beneficial owners (or any person acting as
agent, custodian, fiduciary or in another intermediary capacity for a bondholder
or beneficial owner) who is not a U.S. person (as such term is defined pursuant
to Regulation S under the U.S. Securities Act of 1933, as amended) and who is
outside the United States. Other offer and distribution restrictions apply, as
further set out in the Bondholders Offer Form. 

All submissions of the Bondholders Offer Form are to be sent by email to the
Dealer Manager no later than 16:00 CET, 27 November 2026. Contact details: 

Email: therese.beil@danskebank.com 

The Company may, in its sole discretion, waive, extend, terminate, withdraw or
increase the size of the buy-back at any time. Any prospective changes to this
offer will be announced on Stamdata.com. Information about Wallenius Wilhelmsen
ASA, including company financials and stock exchange releases, can be found on
the Company's investor relations website at
(https://www.walleniuswilhelmsen.com/who-we-are/investors). 

Please see the Bondholders Offer Form attached. 


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

 

About Wallenius Wilhelmsen 

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 worldwide. The company operates
around 130 vessels servicing 15 trade routes to six continents, a global inland
distribution network, 70 processing centers and eight marine terminals.
Headquartered in Oslo, Norway, Wallenius Wilhelmsen operates in 28 countries and
employs around 12,000 people, including seafarers. Read more at:
walleniuswilhelmsen.com. 

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act. 
helmsen.com. \
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This information is subject to the disclosure requirements pursuant to Section\
5-12 the Norwegian Securities Trading Act. \