Fortum Oyj — Board/Management Information 2021

Mar 29, 2021

Klaus-Dieter Maubach steps down from Fortum’s Board of Directors

Klaus-Dieter Maubach steps down from Fortum’s Board of Directors

FORTUM CORPORATION STOCK EXCHANGE RELEASE 29 MARCH 2021 AT 10.30 EEST

Klaus-Dieter Maubach, member of Fortum’s Board of Directors, has announced his
resignation from the Board.

Following the resignation of Mr Maubach, Fortum's Shareholders' Nomination Board
has evaluated the Board of Directors' ability to function, and concludes, based
on the recommendation of the Board of Directors, that the Board has full
capacity to continue in its current composition until the 2021 Annual General
Meeting.

Fortum Corporation

Ingela Ulfves
VP, Investor Relations and Financial Communications

Further information:

Sirpa-Helena Sormunen, Secretary to the Board of Directors, General
Counsel, tel. +358 10 452 5350

Distribution:

Nasdaq Helsinki
Main media
www.fortum.com

Fortum

Fortum is a European energy company with activities in more than 40 countries.
We provide our customers with electricity, gas, heating and cooling as well as
smart solutions to improve resource efficiency. Together with our subsidiary
Uniper, we are the third largest producer of CO2-free electricity in Europe.
Close to 20,000 professionals and a combined balance sheet of approximately EUR
60 billion, we have the scale, competence and resources to grow and to drive the
energy transition forward. Fortum's share is listed on Nasdaq Helsinki and
Uniper's share on the Frankfurt Stock Exchange. www.fortum.com

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