As part of the transaction agreement to merge Wilh. Wilhelmsen ASA and Wallroll
AB to form Wallenius Wilhelmsen ASA, a limited shareholders' agreement was
entered into between Wilh. Wilhelmsen Holding ASA and Wallenius Lines AB. The
main terms of the agreement were communicated to the market on 22 December 2016.

Wilh. Wilhelmsen Holding ASA and Wallenius Lines AB have today decided to extend
the duration of the limited shareholders agreement on its existing terms,
including without limitation, those terms relating to board representation,
nomination committee representation and the right of first refusal afforded to
either party if the other party intends a sale of its shares that would result
in its shareholding in Wallenius Wilhelmsen ASA falling below 20%.

The duration of the agreement has been extended to remain in force until 31
December 2026 and shall automatically renew thereafter for successive periods of
three years, unless and until terminated by a party on no less than six months'
written notice given before the relevant end date.

For further information,
contact:

Investors:
Åge Sturtzel, IRO
Tel: +47 900 87 670
Email: aage.sturtzel@wilhelmsen.com

Media:
Ole Jakob Ytterdal  
VP Corporate Communication  
Wilh. Wilhelmsen Holding ASA  
Tel: +47 970 88 362 
Email: Ole.j.ytterdal@wilhelmsen.com

About Wilh. Wilhelmsen Holding ASA

Our vision is to shape the maritime industry.

Founded in Norway in 1861, Wilhelmsen is now a comprehensive global maritime
group providing essential products and services to the merchant fleet, along
with supplying crew and technical management to the largest and most complex
vessels ever to sail. Committed to shaping the maritime industry, we also seek
to develop new opportunities and collaborations in renewables, zero-emission
shipping, and marine digitalization. Supporting a diverse and inclusive
workplace, with thousands of colleagues across more than 60 countries, we take
innovation, sustainability and unparalleled customer experiences one step
further.

For more information, please visit www.wilhelmsen.com