Oslo, 12 February 2025 --- Wallenius Wilhelmsen ASA (OSE: WAWI) releases a
Sustainable financing framework 2025 ("Framework"). 

In 2022, we introduced our first Sustainability-linked financing framework,
aiming to reduce carbon intensity by 27.5 percent from 2019 to 2030. The new
framework is more ambitious and aligns with our commitment to achieving net-zero
greenhouse gas emissions by 2040. Our targets have been validated by the
Science-Based Target initiative to ensure that they adhere to the latest climate
science and sector pathways to meet the Paris Agreement's 1.5°C target. 

The Framework sets out the terms under which the Wallenius Wilhelmsen Group may
raise financing through: 
o	Green bonds, loans, and derivatives 
o	Sustainability-linked bonds, loans and derivatives 

Our intention is to allocate our green financing to the new dual-fuel capable
vessels that align with the EU Taxonomy. We recognize that a common
interpretation of the taxonomy is yet to materialize and it is under continued
development. We are monitoring how these developments will impact our green
financing closely.

For the sustainability-linked instruments, the Framework has three KPIs: 1)
Energy Efficiency Operational Indicator (EEOI), 2) Absolute scope 1 greenhouse
gas emissions in our logistics operations and 3) Absolute scope 1, 2 and 3
greenhouse gas emissions for the group. Future sustainability-linked financings
will feature a pricing clause linked to our net-zero 2040 target and annual
trajectory. We will report annually on our progress within the Framework.

Transitioning from fossil fuels to low-carbon fuels is projected to be the most
significant contributor to our emission reduction efforts from the baseline year
2022 to 2040. This shift will be complemented by significant technical and
operational improvements to our current fleet along with efficiency gains from
new vessels. Together, these initiatives will be essential in achieving our
emission reduction targets. Our plans on how to achieve the target are outlined
in the Framework.

Lasse Kristoffersen, CEO, says: Transitioning to a fossil-free future is
challenging, but essential. Climate change requires new technologies,
infrastructure, low-carbon fuels, energy-efficient operations and partnerships.
The cost of achieving net-zero is significant - but insignificant compared to
doing nothing. We believe that decarbonization represents one of the greatest
opportunities of our time. Through our green and sustainability-linked financing
framework, we invite our investors and lenders to join us on the journey toward
net-zero. 

The framework is aligned with the Green Bond Principles and
Sustainability-Linked Bond Principles published by the International Capital
Market Association (ICMA) and the Green Loan Principles and
Sustainability-linked Loan Principles published by the Loan Market Association
(LMA).

We have engaged S&P Global Ratings to issue an independent opinion of the
framework. You can find the Framework and the related second party opinion,
which will be published shortly after, on our website Investors Relations -
Wallenius Wilhelmsen under Sustainable Finance:
https://www.walleniuswilhelmsen.com/who-we-are/investors

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. With its head office in Oslo, Norway, the Wallenius Wilhelmsen group
has 9,545 employees in 28 countries worldwide. Read more at
www.walleniuswilhelmsen.com