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Stock exchange release

Fortum's Shareholders' Nomination Board 2014

03 September 2014, 09:00 EEST

FORTUM CORPORATION STOCK EXCHANGE RELEASE 3 September 2014 at 9.00 EEST

The following persons have been appointed to Fortum's Shareholders' Nomination Board:

Eero Heliövaara, Director General of the Government Ownership Steering Department, Prime Minister's Office; Liisa Hyssälä, Director General, The Social Insurance Institution of Finland, KELA and Timo Löyttyniemi, Managing Director, The State Pension Fund (of Finland). In addition, the Chairman of Fortum's Board of Directors Sari Baldauf is a member of the Shareholders' Nomination Board.

The Annual General Meeting of Fortum Corporation, held on 9 April 2013, established a permanent Shareholders' Nomination Board, in accordance with the proposal of the company's Board of Directors. The Shareholders' Nomination Board consists of four members, three of which shall be appointed by the company’s three largest shareholders, who shall appoint one member each. The Chairman of the Board of Directors serves as the fourth member. The members shall be nominated annually and their term of office shall end when new members are nominated to replace them.

The purpose and task of the Shareholders' Nomination Board is to prepare and present to the Annual General Meeting, and, if necessary, to an Extraordinary General Meeting, a proposal on the following matters: proposal on the remuneration, number and members of the Board of Directors. In addition, the task of the Shareholders' Nomination Board is to seek candidates as potential board members.

The now appointed Nomination Board shall forward its proposals for the Annual General Meeting to the Board of Directors by 31 January 2015.


Fortum Corporation
Helena Aatinen
Senior Vice President, Corporate Communications
+358 10 452 0480

Distribution:
NASDAQ OMX Helsinki
Key media
www.fortum.com

Fortum
Fortum’s purpose is to create energy that improves life for present and future generations. Catering to the versatile needs of our customers, we generate, distribute and sell electricity and heat, and offer related expert services. Our operations focus on the Nordic and Baltic countries, Russia and Poland. In 2013, Fortum’s sales totalled EUR 6.1 billion and comparable operating profit was EUR 1.6 billion. We employ approximately 8,800 people. Fortum’s shares are traded on the NASDAQ OMX Helsinki. www.fortum.com