Annual General Meeting 2026
The Annual General Meeting of Fortum Corporation was held at the Conference Centre of the Helsinki Expo and Convention Centre in Helsinki on 31 March 2026.
Decisions by Fortum Corporation's Annual General Meeting 2026
No voting took place at the Annual General Meeting. Based on the advance votes given prior to the Annual General Meeting, the majority required by the Finnish Companies Act had voted in favour of all the proposals made to the Annual General Meeting.
The Annual General Meeting adopted the Financial Statements and the Consolidated Financial Statements for the financial period 1 January–31 December 2025 and resolved to discharge from liability for the financial year 2025 all the persons who had served as members of the Board of Directors and as President and CEO during the year 2025.
The Annual General Meeting resolved that a dividend of EUR 0.74 per share will be paid for the financial year that ended on 31 December 2025. The record date of the dividend payment is 2 April 2026 and the dividend will be paid on 14 April 2026.
The Annual General Meeting resolved to approve the remuneration report for the Company’s governing bodies for 2025. The resolution made is advisory.
Board of Directors, remuneration, auditor and sustainability reporting assurance provider
The Annual General Meeting approved the following fixed annual fees to be paid to the Chair, Deputy Chair and the other members of the Board of Directors:
- Board Chair: EUR 175,000.
- Board Deputy Chair: EUR 95,000.
- Committee Chairs: EUR 95,000, in case that they do not simultaneously serve as Chair or Deputy Chair of the Board of Directors; and
- Board Members: EUR 75,000.
The meeting fee payable to a Board member, also for the Committee meetings, will be EUR 1,000 for each meeting, or EUR 2,000 in case the member travels to the meeting outside their country of residence. When a member participates in the meeting via remote connection, or for the decisions that are confirmed without convening a meeting, the meeting fee will be EUR 1,000. The travel expenses of Board members are compensated in accordance with the Company’s travel policy.
The annual fee for the Board work of the Board members will be paid in Company shares and in cash in such a way that approximately 40% of the amount of the annual fee will be payable in shares acquired on behalf and in the name of the Board members, and the remainder in cash. The Company will pay the costs and the transfer tax related to the purchase of the Company shares. The shares will be acquired on behalf and in the name of the Board members within two weeks following the publication of the Company’s first quarter 2026 interim report. If share purchases cannot be carried out within the aforementioned schedule due to a reason related to the Company or a Board member, the shares will be acquired later, or the annual fee will be paid fully in cash. The meeting fees will be paid fully in cash.
The Annual General Meeting resolved that the Board of Directors will consist of ten members and re-elected the following persons to the Board of Directors: Mikael Silvennoinen as Chair, Jonas Gustavsson as Deputy Chair, and Ralf Christian, Luisa Delgado, Stefanie Kesting, Marita Niemelä, Johan Söderström and Vesa-Pekka Takala as members. Mika Anttonen and Emmanuelle Verger-Chabot were elected as new members.
The Annual General Meeting re-elected audit firm KPMG Oy Ab as the Company’s auditor and sustainability reporting assurance provider for the financial year 2027. The fees of the auditor and the sustainability reporting assurance provider will be paid pursuant to the invoices approved by the Company.
Amendment of the Company’s Articles of Association
The Annual General Meeting resolved to amend certain articles of the Company’s Articles of Association to reflect recent legislative changes concerning sustainability reporting.
Contributions
The Annual General Meeting authorised the Board of Directors to decide on contribution in the total maximum amount of EUR 1,500,000 to Aalto University for the purpose of establishment of a full-time endowed professorship in the energy strategy area. The contribution to Aalto University to be made pursuant to a decision under the authorisation will be paid in several instalments, tentatively during the years 2026–2030.
The Annual General Meeting further authorised the Board of Directors to decide on contributions in the total maximum amount of EUR 500,000 for charitable or similar purposes, and in addition, in the total maximum amount of EUR 1,000,000 for incidental emergency relief or similar purposes as needed, and to decide on the recipients, purposes and other terms of the contributions. The authorisations will be effective until the next Annual General Meeting.
Minutes of the meeting
The minutes of the Annual General Meeting will be available on this web page on 14 April 2026 at the latest.
Meeting materials
The period for registration and advance voting closed on 26 March 2026 at 10:00 EET.
Each shareholder, who on the record date of the General Meeting, 19 March 2026 is registered in the shareholders’ register of the Company held by Euroclear Finland Oy, has the right to participate in the General Meeting. A shareholder, whose shares are registered on their personal Finnish book-entry account (including equity savings account), is automatically registered in the shareholders' register of the Company. Any changes in the ownership of shares that have occurred after the record date of the General Meeting do not affect the right to participate in the General Meeting nor the number of votes of the shareholder at the General Meeting.
A shareholder, who is registered in the shareholders' register of the Company and wishes to participate in the General Meeting, shall register for the meeting during the period from 16 February 2026 at 10:00 a.m. (EET) until 26 March 2026 at 10:00 a.m. (EET). The notice of registration must be received by Innovatics Oy before the expiration of the above mentioned registration period.
Shareholders can register for the General Meeting and vote in advance in the following ways (Note that the registration and advance voting have ended):
a) via Fortum’s website. Click here to register for Fortum's 2026 General Meeting Click here to register for Fortum's 2026 General Meeting - External link
Electronic registration and electronic advance voting require strong electronic authentication of the shareholder or their legal representative or proxy with a Finnish, Swedish or Danish online banking credentials or a mobile certificate.
b) by email or by post
A shareholder may register for the General Meeting and submit the registration form, the advance voting form available on "Meeting materils" at the bottom of this page or corresponding information by email to agm
If a shareholder participates in the General Meeting by submitting the votes in advance to Innovatics Oy, submission of the votes before the end of the registration and the advance voting period constitutes due registration for the General Meeting, provided that they contain the information required for the registration.
c) by phone
Registration for the General Meeting can also be done by phone by calling +358 10 2818 909 (on working days from 9:00 a.m. to 12:00 p.m. and from 1:00 p.m. to 4:00 p.m. (EET). Shareholders are advised to note that advance voting is not available when registering by phone and to use the other channels described above.
In connection with the registration, a shareholder must provide the required information, such as their name, date of birth or business identity code, address, telephone number and the name of a proxy representative, legal representative, guardian or assistant, if any, and the date of birth and the phone number / and or email address of the proxy representative or legal representative, as applicable.
Shareholders are advised to note that the shareholder, their proxy representative, legal representative, guardian or assistant, if any, shall be able to prove their identity and/or right of representation at the General Meeting.
If the shareholder is a minor, the consent of both of the minor’s legal guardians is requested to be provided in connection with the registration for verifying the right to represent the shareholder. If the minor has only one legal guardian or someone other than a parent has been appointed the minor’s legal guardian, an extract from the civil register or another evidence is requested to be provided.
Further information about advance voting can be found below in the section “Instructions on electronic advance voting service”. For information regarding legal representatives and proxy representatives, please refer to the section “Proxy representatives and powers of attorney” below.
A holder of nominee-registered shares has the right to participate in the General Meeting by virtue of such shares based on which they would be entitled to be registered in the shareholders' register of the Company held by Euroclear Finland Oy on the record date of the General Meeting, 19 March 2026. In addition, the right to participate in the General Meeting requires that the shareholder, on the basis of such shares, has been temporarily registered into the shareholders’ register held by Euroclear Finland Oy by 10:00 a.m. (EET) on 26 March 2026 at the latest. For the nominee-registered shares, this constitutes due registration for the General Meeting. Any changes in the ownership of shares that have occurred after the record date of the General Meeting do not affect the right to participate in the General Meeting nor the number of votes of the shareholder at the General Meeting.
A holder of nominee-registered shares is advised to request well in advance the necessary instructions regarding the temporary registration in the shareholders' register of the Company, the issuing of proxy documents, voting instructions and registration and attendance for the General Meeting as well as advance voting from their custodian bank. The account management organisation of the custodian bank shall temporarily register the holder of the nominee-registered shares who wishes to participate in the General Meeting into the shareholders' register of the Company by the time stated above at the latest, and, as applicable, take care of the advance voting on behalf of the holder of the nominee-registered shares within the registration period. Please note that holders of nominee-registered shares cannot directly register for the General Meeting online on this page, but must register via their custodian bank instead.
A shareholder may participate in the General Meeting and exercise their rights at the meeting also by way of third-party proxy representation. A proxy representative may also vote in advance in accordance with the instructions provided herein. The proxy representative must first authenticate in the electronic registration service and advance voting (if applicable) personally with strong authentication, after which they will be able to register and vote in advance on behalf of the shareholder whom they represent.
A proxy representative shall provide a dated proxy document or otherwise in a reliable manner demonstrate their right to represent the shareholder at the General Meeting. Providing the right to represent can be done by using the suomi.fi e-authorizations service available in the electronic registration service.
If a shareholder participates in the General Meeting by means of several proxy representatives representing the shareholder with shares in different book-entry accounts, the shares with which each proxy representative represents the shareholder shall be identified in connection with the registration for the General Meeting.
A proxy document template and the voting instructions are available under "Meeting materials" on this page or you can open the proxy document template and the voting instructions from this link. Any proxy documents are requested to be submitted preferably as an attachment as part of the electronic registration, or alternatively by post addressed to Innovatics Oy, General Meeting / Fortum Corporation, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland, or by email addressed to agm
Shareholders can also use the electronic Suomi.fi authorisation service in the electronic registration service for authorising their proxies, instead of using the traditional proxy authorisation. In this case, the shareholder authorises a representative appointed by it in the Suomi.fi service at www.suomi.fi/e-authorizations (using the authorisation topic “Representation at the General Meeting”). When registering, the representative must identify themselves with strong electronic authentication in the electronic registration service, after which the electronic mandate is automatically checked. The strong electronic authentication works with personal banking credentials or a mobile certificate. For more information, see www.suomi.fi/e-authorizations.
A shareholder whose shares in the Company are registered in their personal Finnish book-entry account (including equity savings account) may vote in advance on certain agenda matters of the General Meeting using the channels described above during the period from 16 February 2026 at 10:00 a.m. (EET) until 26 March 2026 at 10:00 p.m. (EET). Advance votes will be taken into account if the ownership is entered into the shareholders' register of the Company held by Euroclear Finland Oy on the record date of the General Meeting 19 March 2026.
A shareholder who has voted in advance may only request information under the Finnish Companies Act, request a vote at the General Meeting or vote on a possible counterproposal, if they or their proxy representative participate in the Annual General Meeting at the meeting venue.
Advance voting requires strong identification of the shareholder or their legal representative or proxy with a Finnish, Swedish, or Danish bank ID, or a mobile certificate.
If a shareholder chooses to use the electronic Suomi.fi authorisation service further described above, the registration requires strong electronic authentication, which works with personal online banking credentials or a mobile certificate.
A shareholder may vote on the matters as per their choice and change their pre-cast votes during the whole advance voting period, and may also continue to browse the pre-cast votes in the electronic advance voting service after General Meeting. The shareholder may also print out a confirmation of the votes they have given in advance in the advance voting service.
The shareholder is connected to the electronic advance voting service through a secure internet connection. The communication connection used is encrypted using SSL technology, which is commonly used, e.g., by online banks.
The shareholders will have an opportunity to follow the General Meeting live online on this page. Following the General Meeting online does not require prior registration.
Click this link to watch the video from the AGM Click this link to watch the video from the AGM - External link
Shareholders are asked to take into account that following the meeting via webcast is not considered participating in the General Meeting referred to in the Finnish Companies Act, and that it is not possible for the shareholders to exercise their shareholder rights in the General Meeting through the webcast.
Shareholders that wish to follow the live webcast can exercise their voting rights by voting on certain matters on the agenda in advance in accordance with the instructions provided above.
Remote access to the General Meeting will be provided through Inderes Plc's virtual general meeting service on the Videosync platform, which includes video and audio access to the General Meeting. Remote access does not require any paid software or downloads. In addition to an internet connection, remote access requires a computer, smartphone or tablet with speakers or headphones for sound. One of the following browsers is recommended for remote access: Chrome, Firefox, Edge, Safari, or Opera.
You can test the compatibility of your computer, smartphone or tablet with the network connection here: https://b2b.inderes.com/knowledge-base/compatibility-testing https://b2b.inderes.com/knowledge-base/compatibility-testing - External link.
Any personal data provided to the Company or Innovatics Oy by a shareholder will only be used for the purposes of the Annual General Meeting and processing of the necessary registrations related to the General Meeting. The General Meeting participants or individual persons addressing the meeting will not be filmed individually in the meeting hall.
For more information about the processing of the personal data related to the General Meeting, please see the separate General Meeting privacy notice on this page.
Further information on registration and advance voting is available by phone during the registration period of the General Meeting by calling Innovatics Oy at + 358 10 2818 909 on weekdays from 9:00 a.m. to 12:00 p.m. and from 1:00 p.m. to 4:00 p.m. (EET). To contact the Company in matters related to the General Meeting, email agm
Pursuant to Chapter 5, Section 25 of the Finnish Companies Act, a shareholder who is present at the General Meeting has the right to request information with respect to the matters to be considered at the meeting. Information on general meetings laid down in the Finnish Companies Act and the Securities Markets Act is available at www.fortum.com/about-us/investors/corporate-governance/general-meeting www.fortum.com/about-us/investors/corporate-governance/general-meeting - External link.
On the date of the notice to the General Meeting, the total number of shares in Fortum Corporation and votes represented by such shares is 897,264,465.
Any changes in the ownership of shares that have occurred after the record date of the General Meeting do not affect the right to participate in the General Meeting nor the number of votes of the shareholder at the General Meeting.