Fortum Oyj

Board/Management Information • Mar 31, 2015

SARI BALDAUF

Chairman born 1955, nationality: Finnish MSc, Business Administration Independent member of Fortum's Board of Directors since 2009

Main occupation: Non-executive Director

Primary work experience:

Nokia Corporation, several senior executive positions. Member of the Group Executive Board until February 2005.

Key positions of trust:

Akzo Nobel N.V., Daimler AG, and Deutsche Telekom AG: Member of the Supervisory Board DevCo Partners Oy, Senior Advisor Tukikummit Foundation and Technology Industries of Finland Centennial Foundation: Member of the Board

Savonlinna Opera Festival, Chairman of the Board 2005–03/2015 Finland's Children and Youth Foundation, Member of the Board 2009–01/2015 F-Secure Corporation, Member of the Board 2005–2014 Sanoma Corporation, Deputy Chairman 2003–2009 Capman Corporation, Member of the Board 2008–2011 YIT Corporation, Member of the Board 2006–2008 Hewlett-Packard Company, Member of the Board 2006–2012 Finnish Business and Policy Forum EVA, Member of the Board and vice chair 2007– 2013 John Nurminen Foundation, Member of the Board 2009–2013

Fortum shares as of 30 March 2015: 2,300

Fortum Corporation Postal Address Visiting Address Phone/Fax Business ID 1463611-4 VAT Reg.No FI14636114 Domicile Espoo

www.fortum.com

KIM IGNATIUS

Deputy Chairman Born 1956, nationality: Finnish BSc (Econ), Helsinki School of Economics and Business Administration Independent member of Fortum's Board of Directors since 2012

Main occupation: Sanoma Corporation, CFO

Primary work experience:

TeliaSonera AB, Executive Vice President and CFO 2003–2008 Sonera Oyj, Executive Vice President and CFO 2000–2002 Tamro Oyj, Group CFO 1997–2000

Key positions of trust:

-

Fortum shares as of 30 March 2015: 2,400

MINOO AKHTARZAND

Born 1956, nationality: Swedish MSc, Electrical engineering Independent member of Fortum's Board of Directors since 2011

Main occupation: Governor in the County of Jönköping

Primary work experience:

Swedish National Rail Administration, Director-General Regional Labour Agency, Director Vattenfall AB, various senior executive positions Stockholm Energi, various positions

Key positions of trust:

Södertörn University, Chairman of the Board The National Society for Road Safety in the County of Jönköping, Chairman of the Board The Swedish Export Credit Agency, Vice Chairman of the Board Sveriges Radio 2007–2010, Vattenfall Bränsle AB 2004–2006, Vattenfall Vattenkraft AB 2003–2006, Vattenfall Business service AB 2003–2006 and Teracom AB (Telecommunication and IT) 2001–2007: Member of the Board. EIM (European Infrastructure Managers) 2009–2010 and Södertörn university 1997– 2003: Vice Chairman of the Board Västerbergslagens Energi AB, Chairman of the Board 2000–2004 Chairman of several different Councils

Fortum shares as of 30 March 2015: -

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HEINZ-WERNER BINZEL

Born 1954, nationality: German Economics and electrical engineering degree Independent member of Fortum's Board of Directors since 2011

Main occupation: Independent consultant

Primary work experience:

RWE Energy AG, Board member for procurement and sale of electricity, gas, and water RWE Solutions AG, Board member as CFO, CEO NUKEM GmbH, several senior executive positions in Germany and the USA

Key positions of trust:

TÜV Rheinland Holding AG, Member of the Supervisory board, Chairman of the Audit Committee RWE Solutions AG, Chairman of the Supervisory board 2003-2006

Fortum shares as of 30 March 2015: -

EVA HAMILTON

Born 1954, nationality: Swedish Uppsala University, Sweden, 1974; Journalisthögskolan i Stockholm (Stockholm University of Journalism), 1976 Independent Member of Fortum's Board of Directors since 2015

Main occupation: Non-executive Director

Primary work experience:

Sveriges Television (SVT), CEO, 2006–2014 Sveriges Television (SVT), Head of SVT Fiction, 2004–2006 Sveriges Television (SVT), Director of News and Current Affairs, 2000–2004

Key positions of trust:

Radiotjänst, the Swedish license fee organization, Chairman Radiohjälpen Foundation, Chairman Royal Swedish Academy of Engineering Sciences (Kungliga Ingenjörsvetenskapsakademien IVA), Member of Business Executive Council Nobel Center Committee, Member AB Lindex, Member of the Board

Fortum shares as of 30 March 2015: -

TAPIO KUULA

Born 1957, nationality: Finnish MSc (Eng), MSc (Econ) Member of Fortum's Board of Directors since 2015, independent of the significant shareholders, not independent of the company (Mr. Kuula acted as President and CEO of Fortum until 31 January 2015)

Main occupation:

Non-executive Director

Previous positions:

Fortum Corporation, President and CEO 2009–31 January 2015 Fortum Corporation, Senior Vice President 2005–2009 Fortum Corporation, Power and Heat Sector, President 2000–2005 Member of the Management Team of Fortum since 1997 Several managing director positions in utility companies in Finland

Key positions of trust:

OAO Fortum, Member of the Board East Office of Finnish Industries Oy, Vice Chairman of the Board Finnish-Russian Chamber of Commerce, Member of the Board Finnish Fair Corporation, Member of the Supervisory Board Eurelectric, Member of the Board Northern Dimension Business Council, Co-Chairman

Fortum shares as of 30 March 2015: 168,742

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PETTERI TAALAS

Born 1961, nationality: Finnish PhD in Meteorology Independent Member of Fortum's Board of Directors since 2014

Main occupation: Director General of the Finnish Meteorological Institute

Primary work experience:

World Meteorological Organization, Director Finnish Meteorological Institute, remote sensing (satellites), Research professor Finnish Meteorological Institute, Head of research/senior scientist

Key positions of trust:

World Meteorological Organisation, Member of Executive Council EUMETSAT Council (European Organisation for the Exploitation of Meteorological Satellites), Chairman Intergovernmental Panel on Climate Change (IPCC), Delegate for Finland University of Eastern Finland, Chairman of the Board Fortum Corporation, Stakeholders' Advisory Council, Member 2011–2014

Fortum shares as of 30 March 2015: -

VAT Reg.No FI14636114

JYRKI TALVITIE

Born 1966, nationality: Finnish Executive MBA, Master of Law Independent Member of Fortum's Board of Directors since 2014

Main occupation: Russian Direct Investment Fund, Director

Primary work experience:

VTB Bank, Moscow, Senior Vice President East Capital, Moscow, Chief Representative, Senior Advisor URALSIB Financial Corporation, Moscow, Head of International Business, Chief Managing Director BNP-Paribas, Securities Services, Paris, Senior Vice President The Bank of New York, London, Vice President

Key positions of trust:

-

Fortum shares as of 30 March 2015: -

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