Wilhelmsen had another strong quarter with solid performance from the operating
businesses and strong contributions from associates. This resulted in a net
profit of USD 147 million for the period.

Total income for the group was USD 310 million, up 5% from the third quarter of
2024, but down 2% from the previous quarter. EBITDA ended at USD 42 million, up
10% from the corresponding period last year and down 13% from the previous
quarter.

"We are pleased to see that all business segments continue to deliver solid
results also in the third quarter, which strengthens our overall position in
what we expect to be a changing global trade environment with increased
headwinds ahead. We remain committed to our long-term strategy and to solidify
our position as we continue to build for future success," says Thomas
Wilhelmsen, group CEO.

The Maritime Services segment had a total income of USD 222 million in the third
quarter. This was up 3% from the corresponding period last year and up 4% from
the previous quarter. 

Total income for the New Energy segment was USD 87 million, up 12% from the
corresponding period last year, but down 12% from the previous quarter. Total
income remained solid due to continued strong activity level in NorSea.

The Strategic Holdings and Investments segment reported a USD 124 million profit
to equity holders of the company in the third quarter. This was up
year-over-year, but down from second quarter which included sales gain in
Wallenius Wilhelmsen. 

Net profit after financial items and tax was USD 147 million and net profit to
equity holders of the company was USD 141 million, equal to USD 3.37 earnings
per share (EPS).

A second dividend of NOK 8.00 per share will be paid on 20 November. This comes
in addition to the first dividend of NOK 12.00 per share paid in May, and is in
line with the targeted long-term dividend yield of 3-5%

Commenting on the outlook for the group, Wilhelmsen says:
"Considerable uncertainty persists, specifically regarding geopolitical tension
and an uncertain global trade environment, potentially impacting future cash
inflow. However, the group retains its capacity to support, grow, and expand the
business portfolio, and to deliver yearly dividends in line with the dividend
policy."

For further information, please contact:

Investors:
Anna Kverneland
VP Investor Relations
Wilh. Wilhelmsen Holding ASA
Tel: (+47) 452 24 897
anna.kverneland@wilhelmsen.com

Media:
Ole Jakob Ytterdal
VP Corporate Communication
Wilh. Wilhelmsen Holding ASA
Tel: +47 970 88 362
ole.j.ytterdal@wilhelmsen.com

About Wilhelmsen
Wilhelmsen is an industrial holding company within the maritime industry. The
group's main activities are within maritime services, offshore energy services,
and RoRo shipping and vehicle logistics. These activities are carried out
through fully and partly owned entities, most of which are among the market
leaders within their segments. Founded in Norway in 1861, Wilhelmsen maintains a
vision of shaping the maritime industry.

Read more at: wilhelmsen.com.

This information is subject to the disclosure requirements pursuant to section
of 5-12 of the Norwegian Securities Trading Act.