Finland: Wartsila Appoints New CFO and Executive Vice President

January 25, 2013

Mr Marco Wirén (47), M.Sc. (Econ.), has been appointed Chief Financial Officer, Executive Vice President and member of the Board of Management of Wartsila Corporation, effective 1 August 2013.

Mr Wirén has broad-ranging experience of financial management and international business management. He currently works as Executive Vice President and CFO in the Swedish steel manufacturer SSAB, having held that position since 2008. Prior to joining SSAB as Vice President Business control in 2007, Wirén held several managerial positions, including CFO and VP Business Development, in the infranet company Eltel Networks since 2002, and VP Business Development and Group Controller in the construction company NCC between 1995-2001.

Mr Raimo Lind, M.Sc. (Econ.), who is Wärtsilä’s CFO since 2000 as well as Senior Executive Vice President and Deputy to the CEO since 2005, will reach his contractual retirement age and retire thereafter. He will continue in his position until the publishing of the second quarter interim report.

[mappress]

Wärtsilä, January 25, 2013