Wärtsilä (WRT1V) Collaboration summary

Opening remarks and agenda

• Announcement of a joint venture for the global energy storage business with RCT Solutions, discontinuing energy storage as a separate reporting segment.

• CEO and CFO present to discuss highlights and answer questions, with a follow-up pre-silent call scheduled for June 23.

Objectives of the partnership

• Establish a joint venture to strengthen competitiveness and accelerate profitable growth in energy storage amid challenging market conditions.

• Position the JV as a leading player in battery energy storage worldwide, leveraging RCT Solutions' expertise.

Partner introductions and roles

• RCT Solutions brings engineering, market know-how, supply chain expertise, and vertical integration opportunities.

• Peter Fath, CEO of RCT Solutions, will become CEO of the JV and relocate to the U.S.

• Ownership structure is 50% RCT Solutions and 50% Wärtsilä, with potential for new investors to join later.