Forest

Corporate governance

Fortum’s headquarters are in Espoo, Finland, where it is listed on the NASDAQ OMX Helsinki. Corporate governance at Fortum is based on the laws of Finland and on the Company’s Articles of Association.

The company complies with the Finnish Corporate Governance Code 2010. The Corporate Governance Code is available on the Securities Market Association’s website.

Fortum prepares annual financial statements and interim reports conforming to Finnish legislation. They are published in Finnish and English. The International Financial Reporting Standards (IFRS) were adopted in 2005.

Furthermore, Fortum complies with the Rules of NASDAQ OMX Helsinki.

5/10/2011