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 all shareholders to purchase up
to 875,000 shares in the Company through a reverse book building process (the
"Offering"). The application period expired at 16:30 hours (CEST) on 21 August
2024.

Following the end of the application period, the Company has resolved to buy
656,000 A-shares and 219,000 B-shares, at a price per share of NOK 410.00 for
A-shares and NOK 400.00 for B-shares. 

Allocation notifications will be sent to shareholders having tendered shares in
the Offering on or about 22 August 2024. The trade date is expected to be on or
about 23 August 2024 and the settlement date is expected to be on or about 27
August 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
962,741 A-shares and 738,559 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 Tel: (+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 21 August 2024 at 17:23 (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).
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.