Investor Relations

This investor relations policy (the "IR Policy") applies to Wallenius Wilhelmsen ASA ("WAWI" or the "Company," and together with its consolidated subsidiaries, the "Group").


Purpose
The IR Policy shall help WAWI build trust and awareness in the investor community by ensuring that investor relations activities comply with relevant rules, regulations, and recommended practices.

The IR Policy aims to ensure that WAWI appropriately provides adequate, timely, and trustworthy disclosure of relevant information to the financial community. Furthermore, the communication with the market shall be based on transparency and equal treatment of all stakeholders and be in accordance with relevant legal requirements and sound corporate governance principles.


Shareholder contact and communication with the financial market
The IR team is responsible for all contact with WAWI shareholders on behalf of the Company. The objective is to provide sufficient information on a timely basis to all market participants to ensure a fair valuation of WAWI shares. All WAWI shareholders shall receive equal treatment to access the company's information.

WAWI holds regular meetings with analysts, investors, media, and employees, all material and latest information are shared via main communication channels – stock exchange releases, press releases, and the Company webpage (www.walleniuswilhelmsen.com). This ensures that identical information is made available simultaneously to all audiences. WAWI will provide a consistent level of information regardless of whether the news is positive or negative.


Disclosure of Information
WAWI provides a prospects statement each quarter including information on outlook and potential risks but does not guide on results. The IR team will always put their best efforts into providing comprehensive and informative answers to investors and analysts. However, WAWI will not aim to influence the analyst's recommendations, opinions, and conclusions.


Authorizations
WAWI spokespersons to financial markets are the Chief Executive Officer, the Chief Financial Officer, VP Investor Relations, and/or others authorized by these. Questions from investors and financial analysts to other WAWI personnel shall be referred to IR. All meetings with investors and financial analysts shall be arranged/coordinated by IR, and presentation materials for such meetings shall be prepared or approved by the IR team.


IR events
Based on demand and Company initiative, management will regularly participate in meetings with international and domestic investors, analysts, and media, to raise awareness of and create interest in the Company. WAWI communicates with all investors and analysts through organizing:

‐ Annual general meeting (annually)
- Quarterly results presentations (quarterly)
‐ Investor and analyst meetings
‐ Capital market days
- Other events such as conferences and seminars


Silent Period
Four weeks before the planned release of quarterly financial reports – the silent period – the company will not comment on matters related to its general financial results or expectations, and contact with external analysts, investors and journalists will be minimized. The purpose of a silent period is to reduce the risk of information leaks and of providing potentially unequal information to the market.


Compliance
Wallenius Wilhelmsen ASA shall comply with relevant regulations for companies listed on the Oslo Stock Exchange.


Updated: 08.02.2023

Four weeks before the announcement of quarterly results, Wallenius Wilhelmsen practices a "silent period" meaning that contact with external analysts, investors and journalists is minimized. This is done to minimize the risk of information leaks and potentially unequal information in the marketplace

Dividend policy

"Wallenius Wilhelmsen’s objective is to provide shareholders with a competitive return over time through a combination of rising value for the Wallenius Wilhelmsen share and payment of dividend to the shareholders.

The board targets a dividend which over time shall constitute between 30 and 50% of the company’s profit after tax. When deciding the size of the dividend, the board will consider its financial targets and future capital requirements to ensure the implementation of its growth strategy, as well as the need to ensure that the group’s financial standing remains solid. Dividends will be declared in USD and paid out semi-annually."

The ticker is a direct link to Oslo Stock Exchange. By clicking the name you will get the agreement for that specific loan.

The nominee accounts held with Skandinaviska Enskilda Banken AB for 160,000,000 shares is owned by Wallenius Lines AB

Wallenius Wilhelmsen has established long-term financial targets relevant to companies in capital intensive industries. The targets allow management and the board of directors to monitor the financial development of the group and performance will be regularly communicated to the market.

Return on capital employed (ROCE) > 8%

Calculated as last twelve months of adjusted EBIT divided by the average capital employed (total assets less total liabilities plus total interest-bearing debt)

Leverage ratio < 3.5x

Calculated as net interest-bearing debt divided by last twelve months of adjusted EBITDA

Equity ratio > 35%

Calculated as book value of equity divided by book value of total assets

Updated: 08.02.2023