Stock exchange release

Fortum's Shareholders' Nomination Board 2020

11 September 2020, 09:05 EEST

FORTUM CORPORATION STOCK EXCHANGE RELEASE 11 SEPTEMBER 2020 AT 09:05 EEST

Release category: Other information disclosed according to the rules of the Exchange

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

  • Mr. Kimmo Viertola, Director General, Prime Minister's Office, Ownership steering department (Chairman),
  • Mr. Jouko Pölönen, President and CEO, Ilmarinen Mutual Pension Insurance Company, and
  • Mr. Risto Murto, President and CEO, Varma Mutual Pension Insurance Company, and
  • Matti Lievonen the Chairman of Fortum's Board of Directors.

Each year, four members are nominated to Fortum's Shareholders' Nomination Board. The company's three largest shareholders as of the first working day of September are each entitled to nominate one member. The Chairman of Fortum’s Board of Directors will serve as the fourth member of the Nomination Board.

The Shareholders' Nomination Board prepares and presents to the Annual General Meeting proposals on the remuneration, number and members of the Board of Directors. The now appointed Nomination Board will forward its proposals for the 2021 Annual General Meeting to the Board of Directors by 31 January 2021.

Fortum Corporation

Ingela Ulfves
Vice President, Investor Relations & Financial Communications

Additional information:
Sirpa-Helena Sormunen, General Counsel, Fortum Corporation, tel. +358 10 452 5350.

Distribution:
Nasdaq Helsinki
Key media
www.fortum.com