Appointments in Wärtsilä's Board of Management W

Wärtsilä Corporation, Company announcement, 18 July 2013 at 8.45 am EET The following appointments have been made in the Board of Management of Wärtsilä Corporation: Mr Pierpaolo Barbone (55) MSc (Eng.) has been appointed President of Services, Executive Vice President and member of the Board of Management, effective 1 October 2013. Mr Christoph Vitzthum, who currently heads the Services business, will leave Wärtsilä to become President & CEO of Fazer Group. Mr Barbone joined Wärtsilä in 1996. He has held several management positions within the Services business, including leading the Services activities for the Middle East and Asia region and the field services globally. Since the beginning of 2013, he has worked as Vice President of Services, South Europe & Africa. Mr Jaakko Eskola (55) MSc (Eng.) has been appointed Senior Executive Vice President and Deputy to the CEO, effective immediately. He assumes this responsibility in addition to his existing position as President of Ship Power. The current Deputy to the CEO, Chief Financial Officer Raimo Lind, will retire having reached his contractual retirement age. Mr Eskola joined Wärtsilä in 1998 with a background in international project and corporate finance. He has since worked as Managing Director of Wärtsilä Development and Financial Services, Vice President for Sales and Marketing in the Power Plants business and since 2006 as the head of the Ship Power business. Photo or Pierpaolo Barbone Photo of Jaakko Eskola For further information, please contact: Atte Palomäki Executive Vice President, Communications & Branding Wärtsilä Corporation Tel: +358 10 709 5599 atte.palomaki@wartsila.com Jaakko Eskola Senior Executive Vice President, President, Ship Power Wärtsilä Corporation Tel: +358 10 709 5634 jaakko.eskola@wartsila.com Pierpaolo Barbone Vice President, Services, South Europe & Africa Wärtsilä Corporation Tel: +39 (040) 319 5240 pierpaolo.barbone@wartsila.com Wärtsilä in brief Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2012, Wärtsilä's net sales totalled EUR 4.7 billion with approximately 18,900 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland. www.wartsila.com [HUG#1717298]