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 2 April 2024, where Wilh. Wilhelmsen
Holding ASA (the "Company") launched an offer to all shareholders to purchase up
to 440,000 shares in the Company through a reverse book building process (the
"Offering"). The application period expired at 16:30 hours (CEST) on 4 April
2024.

Following the end of the application period, the Company has resolved to buy
20,441 A-shares and 419,559 B-shares, at price per share of NOK 367.00 for
A-shares and NOK 357.00 for B-shares. 

Allocation notifications will be sent to shareholders having tendered shares in
the Offering on or about 5 April 2024. The trade date is expected to be on or
about 8 April 2024 and the settlement date is expected to be on or about 10
April 2024. The settlement will be conducted on a normal delivery-versus-payment
basis (DVP) or through the VPS system. 

Following settlement of the Offering, Wilh. Wilhelmsen Holding ASA will own
306,741 A-shares and 519,559 B-shares.

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 (+47) 48 15 51 59.

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 4 April 2024 at 17:58 (CEST).

IMPORTANT NOTICE 

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).
None of the Company or the Managers 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.