FORTUM CORPORATION STOCK EXCHANGE RELEASE 28 JUNE 2024 AT 09.00 EEST

Release category: Changes board/management/auditors

Nora Steiner-Forsberg, Executive Vice President, Legal, General Counsel, and Eveliina Dahl, Executive Vice President, People and Procurement, will leave Fortum latest at the end of 2024 to take positions in other companies.

"Nora and Eveliina have both played an integral part in building what Fortum is today: one of the cleanest energy generators in Europe. They have supported us with their very competent teams to steer the company successfully through unprecedented turmoil in our operating environment, and as part of the Leadership Team, they have overseen the company's significant structural changes. I know them both as highly capable and experienced leaders. Due to their excellent contribution, Fortum is now on a really solid ground. I want to express my sincere gratitude for both and I wish them all the best in their future endeavors," says Markus Rauramo, President and CEO of Fortum.

"With a solid financial position and highly competitive fleet we continue to implement our strategy determinedly with a focus on delivering clean energy and driving decarbonisation in industries," Rauramo continues.

The recruitment of Nora Steiner-Forsberg's and Eveliina Dahl's successors will start immediately.

Fortum Corporation

Ingela Ulfves, VP, Investor Relations and Financial Communications

Further information:

Investors and analysts:
Ingela Ulfves, VP, Investor Relations and Financial Communications, tel. +358 40 515 1531

Media:
Fortum News Desk, newsdesk@fortum.com, +358 40 198 2843

Distribution:

Nasdaq Helsinki
Main media
www.fortum.com

Fortum
Fortum is a Nordic energy company. Our purpose is to power a world where people, businesses and nature thrive together. We are one of the cleanest energy producers in Europe and our actions are guided by our ambitious environmental targets. We generate and deliver clean energy reliably and help industries to decarbonise their processes and grow. Our core operations in the Nordics comprise of efficient, CO2-free power generation as well as reliable supply of electricity and district heat to private and business customers. For our ~5 000 employees, we commit to be a safe, and inspiring workplace. Fortum's share is listed on Nasdaq Helsinki. fortum.com

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