Fortum Oyj

Director's Dealing • Mar 15, 2023

Fortum Corporation: Managers' transactions – Pia Relander-Paavola

FORTUM CORPORATION STOCK EXCHANGE RELEASE 15 MARCH 2023 AT 11:00 EET

Release category: Managers' transactions

Person subject to the notification requirement Name: Pia Relander-Paavola Position: Closely associated person (1):Person Discharging Managerial Responsibilities In Issuer Name: Teppo Paavola Position: Member of the Board Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76

Notification type: INITIAL NOTIFICATION Reference number: 27154/4/4

Transaction date: 2023-03-14 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009007132 Nature of transaction: DISPOSAL

Transaction details (1): Volume: 1644 Unit price: 14.6 EUR (2): Volume: 356 Unit price: 14.6 EUR

Aggregated transactions (2): Volume: 2000 Volume weighted average price: 14.6 EUR

Fortum Corporation

Further information:

Ingela Ulfves, Vice President, Investor Relations and Financial Communications, tel. +358 40 5151 531

Distribution:

Nasdaq Helsinki Main media www.fortum.com

Fortum

Fortum is a Nordic energy company. Our purpose is to power a world where people, businesses and nature thrive together. We are one of the cleanest energy producers in Europe and our actions are guided by our ambitious environmental targets. We generate and deliver clean energy reliably and help industries to decarbonise their processes and grow. Our core operations in the Nordics comprise of efficient, CO2-free power generation as well as reliable

supply of electricity and district heat to private and business customers. For our ~5 000 employees, we commit to be a safe, and inspiring workplace. Fortum's share is listed on Nasdaq Helsinki. fortum.com