Fortum Oyj

Director's Dealing • Mar 27, 2020

Fortum Corporation: Managers' transactions – Matti Lievonen

FORTUM CORPORATION STOCK EXCHANGE RELEASE 27 MARCH 2020 AT 8:30 EET

Person subject to the notification requirement Name: Lievonen Matti Position: Member of the Board/Deputy member (X) Legal person Issuer: Fortum Oyj LEI: 635400IUIZZIUJSAMF76

Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20200325204221_3

Transaction date: 2020-03-25 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION

Transaction details (1): Volume: 1,878 Unit price: 12.9 EUR (2): Volume: 157 Unit price: 12.9 EUR (3): Volume: 391 Unit price: 12.9 EUR (4): Volume: 313 Unit price: 12.9 EUR (5): Volume: 261 Unit price: 12.9 EUR

Aggregated transactions (5): Volume: 3,000 Volume weighted average price: 12.9 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 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