Wallenius Wilhelmsen

Capital/Financing Update • Aug 26, 2020

Wallenius Wilhelmsen ASA – Successful placement of new unsecured bonds

Wallenius Wilhelmsen ASA – Successful placement of new unsecured bonds

Oslo, 26 August 2020 - Reference is made to the stock exchange notice sent 20 August 2020. Wallenius Wilhelmsen ASA has today successfully completed a new NOK 2,000 million senior unsecured bond issue with a margin set at 3 month NIBOR plus 5.75 % p.a. and maturity date on 9 September 2024. Net proceeds will be used to refinance existing debt and other general corporate purposes.

Danske Bank, DNB Markets, Nordea, SEB and Swedbank acted as joint lead managers for the bond issue.

For further information, please contact:

Per-Hermod Rasmussen

CFO

+47 992 59 590

Astrid A.V. Martinsen

VP Head of Group Treasury & IR

+47 958 45 255

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