Oslo, Norway, 17 September 2020 

Wallenius Wilhelmsen ASA ("WALWIL") has offered Norwegian based employees the
possibility to buy shares in WALWIL at a 20 per cent discount. Shares may be
subscribed for NOK 10 000 or NOK 25 000. 

The deadline for subscribing for shares was today, 17 September 2020 at 16:30.
The share purchase price under the program (before discount) has been set at NOK
14.78 per share, equal to today's closing price. This means that each employee
taking part in the offer will receive 676 or 1 691 shares, depending on amount
subscribed for. 

Please see the attachment for an overview of the primary insiders who have
subscribed for shares in WALWIL as part of the employee share offer, including
number of shares to be acquired and new shareholding after the share purchase.

For questions, please contact:
Astrid Martinsen 
Head of Group Treasury & IR
Tel +47 958 45 255
email: astrid.martinsen@walleniuswilhelmsen.com

Anna Larsson 
Head of Corporate Communication 
Tel: +47 484 06 919 
email: anna.larsson@walleniuswilhelmsen.com

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