Fortum Oyj

Board/Management Information • Apr 17, 2020

Appointments to Fortum subsidiary Uniper's Supervisory Board

FORTUM CORPORATION STOCK EXCHANGE RELEASE 17 APRIL 2020 AT 18.40 EEST

Release category: Other information disclosed according to the rules of the exchange

The Düsseldorf District Court has today appointed the following persons as new members of the Uniper SE Supervisory Board (in alphabetical order):

• Prof. Dr. Werner Brinker, independent energy consultant
• Dr. Bernhard Günther, CFO of innogy SE
• Dr. Klaus-Dieter Maubach, Managing Director of maubach.icp GmbH and Deputy Chairman of Fortum's Board of Directors
• Sirpa-Helena Sormunen, General Counsel of Fortum
• Tiina Tuomela, Executive Vice President, Generation Division of Fortum

The new members will join Fortum CFO Markus Rauramo as shareholder representatives of the Uniper Supervisory Board. Mr. Brinker and Mr. Günther are independent of the major shareholders. Fortum supports all the aforementioned appointments.

The Uniper Supervisory Board also comprises six employee representatives: Harald Seegatz, Ingrid Åsander, Oliver Biniek, Barbara Jagodzinski, André Muilwijk, and Immo Schlepper.

A new chairperson is to be elected at a Supervisory Board meeting to be held shortly.

Further details on the Supervisory Board members will be soon available on Uniper's website.

Fortum Corporation

Ingela Ulfves, VP, IR and Financial Communications

Further information:

Investors and analysts: Ingela Ulfves, VP, IR and Financial Communications, tel. +358 40 5151 531 Rauno Tiihonen, IR Manager, tel. +358 10 453 6150 Måns Holmberg, Manager, IR and Financial Communications, tel. +358 44 518 1518

Media: Pauliina Vuosio, VP, Executive Communications, tel. +358 50 453 2383

Jakelu:

Nasdaq Helsinki Main media www.fortum.com

Fortum

Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ more than 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2019, our sales were EUR 5.4 billion and 59% of our electricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com