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Regulatory press release

WAWI: Wallenius Wilhelmsen signs a new contract with major EV manufacturer

Wallenius Wilhelmsen
Oslo, June 22, 2023 -- Wallenius Wilhelmsen has signed a new contract with a
major EV manufacturer lasting until the end of 2025. The contract includes both
land and sea services from Asia to Europe, as well as from Asia to North America
at rates reflecting the current strong demand and tight balance in the market.
The contract also includes an agreement to use and pay for biofuel. "We will
prioritize customers who are looking to work with us both on land and at sea,
and who share our ambition to reduce emissions in the supply chain," says Pia
Synnerman, Chief Customer Officer at Wallenius Wilhelmsen.

Wallenius Wilhelmsen has set ambitious green targets with a clear green agenda.
Sustainable energy sources are still an unresolved issue, and biofuel is the
only current option to secure energy transition. Consequently, the company has a
good dialogue with existing and new customers to ensure that sustainable fuel
becomes part of all new contracts.

"The manufacturers of electric vehicles that we talk to have high ambitions to
further strengthen their decarbonization efforts. I am therefore pleased that we
have signed a contract with a major EV manufacturer which includes payment for
biofuel," says Synnerman.

For further information, please contact:
Anette Maltun Koefoed, Chief Communications and Marketing Officer
Tel: +47 975 87 999
Email: anette.maltunkoefoed@walwil.com

Pictures, please see the website:
https://www.walleniuswilhelmsen.com/who-we-are/media

About Wallenius Wilhelmsen:
The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo)
shipping and vehicle logistics, managing the distribution of cars, trucks,
rolling equipment and breakbulk to customers all over the world. The company
operates around 125 vessels servicing 15 trade routes to six continents, a
global inland distribution network, 66 processing centers and eight marine
terminals. Headquartered in Oslo, Norway, the Wallenius Wilhelmsen group has
8,875 employees in 29 countries worldwide.

Read more at walleniuswilhelmsen.com
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