AUGUST 29, 2013 — Wärtsilä Corporation has appointed Roger Holm (41) Senior Vice President, four-stroke, and member of the Ship Power management team as of September 1, 2013.

In this position, he will be responsible for Wärtsilä's four-stroke activities globally.

Mr. Holm joined Wärtsilä in 1997 and has held several managerial positions, most recently leading the Seals & Bearings organization within Wärtsilä Services. Before that he has had the positions of Vice President, Solutions Management and Vice President, Business Development, also within Services, and has worked as CIO for Wärtsilä Corporation. He holds an M.Sc. (Econ.) degree.

In connection with Mr. Holm's appointment, Wärtsilä PowerTech and the Ship Power four-stroke organization will be combined into one entity. The new set-up will become effective January 1, 2014.

The new four-stroke organisation in Ship Power will consist of all four-stroke R&D and production for both the Ship Power and the Power Plants markets. In addition, it is responsible for engineering, project management and four-stroke sales for the Ship Power market. The Power Plants and Services organisations will not change as a result of the new organizational set-up.

Mr. Holm will report to Jaakko Eskola, Senior Executive Vice President at Wärtsilä Corporation & President of Ship Power.