Wallenius Wilhelmsen: Allocation of shares under Long-Term Incentive Plan

On November 9, 2022, Wallenius Wilhelmsen transferred 2,864 shares to a former executive who has exercised options as granted under Wallenius Wilhelmsen's Long-Term Incentive Program ("LTI"). The purpose of the LTI program is to drive the growth and performance of Wallenius Wilhelmsen leading to long-term value creation and thus increased shareholder value. The value of the LTI program is directly linked to three elements: 1) Wallenius Wilhelmsen ROCE 2) Wallenius Wilhelmsen Market Capitalization 3) Wallenius Wilhelmsen's strategic success WAWI's holding of own shares is 586,199 after the transfer. For further information, please contact: Anette Orsten, VP Global Treasury & IR Tel: +47 980 67 912 Email: anette.orsten@walwil.com About Wallenius Wilhelmsen The Wallenius Wilhelmsen group (OSE: WAWI) is a market leader in RoRo shipping and vehicle logistics, transporting cars, trucks, rolling equipment and breakbulk around the world. The company operates around 130 vessels servicing 15 trade routes to six continents, and a global inland distribution network, processing centers, and marine terminals all over the world. The Wallenius Wilhelmsen group consists of Wallenius Wilhelmsen Ocean, Wallenius Wilhelmsen Solutions, EUKOR and ARC. The group is headquartered in Oslo, Norway with over 8,000 employees in 29 countries worldwide. Read more at walleniuswilhelmsen.com

Source: NewsWeb