NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY IN UNITED STATES,
CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION IN WHICH THE DISTRIBUTION OR
RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES. 

Reference is made to the notice issued on 19 August 2024, where Wilh. Wilhelmsen
Holding ASA (the "Company") launched an offer to buy back up to 875,000 shares
in the Company (the "Offering"). 

Based on feedback from investors, the Company intends to acquire shares in the
Offering at a price between NOK 410.00 and NOK 417.00 for the A-shares and at a
price between NOK 400.00 and NOK 407.00 for the B-shares. 

The Offering is carried out by means of a reverse book building process within
above price range, which ends on 21 August 2024 at 16:30 (CEST). The Company has
mandated DNB Markets, a part of DNB Bank ASA as sole bookrunner. Shareholders
wanting to sell shares in the Offering are required to complete and send the
acceptance form to DNB Markets at demand@dnb.no before 21 August 2024 at 16:30
(CEST). Existing customers of DNB Markets can contact DNB Markets at +47 24 16
90 20 with their respective volume and price targets.

The Company will - in the event of receiving acceptances above 875,000 shares -
depending on the prices and volumes shown by selling shareholders, allocate
shares at its discretion between the share classes, with the equal treatment of
shareholders as the primary objective. 

For further information, please contact: Åge Sturtzel, VP Investments and IR,
Tel: (+47) 90 08 76 70 - email: aage.sturtzel@wilhelmsen.com], or Thomas
Finnema, Head of Treasury, Tel: (+47) 48 15 51 59. 

IMPORTANT NOTICE 

The Offering will be carried out in accordance with applicable laws and
regulations and information pertaining to the Offering will be disclosed by way
of stock exchange notices. 

The information contained herein about the Offering is considered to be inside
information pursuant to the EU Market Abuse Regulation (MAR) and is subject to
the disclosure requirements pursuant to MAR article 17 and section 5-12 of the
Norwegian Securities Trading Act. This stock exchange release was published by
Thomas Finnema on 21 August 2024 at 11:50 (CEST).

Shareholders considering to tender their shares in the Offering are advised to
consult with their own tax advisers with respect to the tax position in their
country of residence or other jurisdictions to which they may have a tax
liability as a result of a sale of shares in the Offering. 

The Offering and the distribution of this announcement and other information in
connection with the Offering may be restricted by law in certain jurisdictions
(including, but not limited to, the United States, Canada, Australia and Japan).
Neither the Company nor the bookrunner in the Offering assume any responsibility
in the event there is a violation by any person of such restrictions. This
includes shareholders who have changed their domicile to such jurisdictions but
which may access their VPS accounts. Persons into whose possession this
announcement or relevant information should come are required to inform
themselves about and to observe any such restrictions. The Offering is not being
made directly or indirectly in, or by use of the mails of, or by any means or
instrumentality of interstate or foreign commerce of, or any facilities of a
national securities exchange of, the United States of America, its territories
and possessions, any State of the United States and the District of Columbia
(the "United States") or any other jurisdiction in which this would be unlawful,
require registration or other measures. This includes, but is not limited to,
facsimile transmission, internet delivery, e-mail and telephones. Copies of this
release and any related documents are not being, and must not be, mailed,
e-mailed or otherwise distributed or sent in or into the United States or any
such jurisdiction and so doing may invalidate any purported acceptance.