Wärtsilä Oyj : Profitable growth by focusing on decarbonisation and services

Profitable growth by focusing on decarbonisation and services

Roger Holm, President, Marine Power & Executive Vice President

November 18, 2021

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Well-positioned to lead the decarbonisation transformation

Decarbonisation will	Fuel flexible engine	Our services business drives
transform the marine	technology takes the industry	stability, profitability and
industry during a single	on the only upgrade path that	growth. Increased
vessel's lifespan at	balances decarbonisation	opportunities thanks to
unprecedented pace	targets with financial viability	decarbonisation of the
		existing fleet

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Marine Power product portfolio provides upgradable solutions for a net-zero future

Propulsion equipment

4-stroke medium speed engines

NOx reducers (SCR)

Energy & power management systems

Transactional services

Agreements

Performance-based agreements

Hybrid systems	Fuel gas supply	Project services
(including batteries)	systems (storage)

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Transform - We play a central role in maritime decarbonisation

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Decarbonisation targets are shaping the future of our industry. Banks, cargo owners and public opinion have increasing influence in the speed of change

2021	2023	2026	2030	2050
-70% carbon intensity &
Regulations Today	EEXI, CII	CII	- 40% carbon intensity	-50% in total GHG emissions

Fuels

Fossil fuels

Drop-in blending

Green fuels

Banks, Cargo Owners and Public opinion

Green financing (e.g. Poseidon Principles)

Green cargo (e.g. Sea Cargo Charter)

Cargo owner's own targets and mounting public pressure Average vessel lifetime 25-30years

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