Investor Presentaiton

Contracting Activity - Builders 2015 total contracting activity = 692 vessels and 19,0 Million CGT Builders 2015 YTD, Number of vessels YTD Builders, No of vessels Builders 2015 YTD, CGT Vietnam 2% RoW 12% Philippines 2% Spain 3% Netherlands 3% China P.R. 32% Japan 21% South Korea 25% Germany 3% Spain YTD Builders, CGT 1% Finland 3% Philippines 3% RoW 5% Japan 22% China P.R. 24% South Korea 39% Intensifying competition in China It is becoming increasingly difficult to operate as a private-owned shipyard in China in recent years due to growing competition especially from China's state-owned shipyards, in addition to Japan and South Korea. Source: Clarksons 26 © Wärtsilä WÄRTSILÄ

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