Fortum Oyj

Pre-Annual General Meeting Information • Mar 16, 2020

Fortum cancels tomorrow's Annual General Meeting 2020, postpones to a later date

FORTUM CORPORATION STOCK EXCHANGE RELEASE 16 MARCH 2020 AT 18.30 EET

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

Fortum takes the threat of the Corona virus seriously and has, based on the development of the situation and the announcement by the Finnish Government today, decided to cancel tomorrow's Annual General Meeting.

Today the Finnish Government announced that public gatherings will be limited to a maximum of ten persons. Consequently, Fortum's Board of Directors has today decided to cancel the Annual General Meeting, even though an Annual General Meeting of a listed company is not a public gathering.

Fortum will convene the Annual General Meeting at a later stage.

Fortum Corporation

The Board of Directors

Further information:

Sirpa-Helena Sormunen, General Counsel, Fortum Corporation, tel. +358 10 452 5350 Ingela Ulfves, Vice President, Investor relations and Financial communications, tel. +358 40 515 1531 Måns Holmberg, IR Manager, tel. +358 44 518 1518

Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions toimprove resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ more than8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2019, our sales were EUR 5.4 billion and 59% of ourelectricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com