Appointment in Fortum's Management Team

FORTUM CORPORATION STOCK EXCHANGE RELEASE 30 August 2013 at 12:30 EEST

Kaarina Ståhlberg, LL.M. (Helsinki University), LL.M. (Columbia University, New York), 46, has been appointed General Counsel and member of Fortum Corporation's Management Team as of 1 September 2013. She will report to the President and CEO.

Kaarina Ståhlberg has been working for Nokia for 13 years in various managerial and legal positions, most recently as Assistant General Counsel. In addition, she has several years' experience in private practice, most recently at the law firm White & Case. 

As of 1 September 2013, Fortum's long-term General Counsel Harri Pynnä assumes a new role in Fortum's Distribution business area. He is appointed member of the Distribution Management Team and will be responsible for developing company functions.

"I would like to thank Harri Pynnä for his long and significant contribution to Fortum's development as the General Counsel ranging back to the establishment of the company. At the same time, I wish Kaarina Ståhlberg warmly welcome to Fortum, our Management Team and also the energy sector, which is undergoing an interesting change," says CFO Markus Rauramo , Fortum Corporation.

Fortum Corporation
Helena Aatinen
Senior Vice President, Corporate Communications

For additional information, please contact
Markus Rauramo, CFO, acting as the CEO, tel. +358 104 521 909

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. We provide sustainable solutions that fulfill the needs for low emissions, resource efficiency and energy security, and deliver excellent value to our shareholders. Our activities cover the generation, distribution and sales of electricity and heat as well as related expert services.

Fortum's operations focus on the Nordic countries, Russia, Poland and the Baltics. In the future, the integrating European and fast-growing Asian energy markets provide additional growth opportunities. In 2012, Fortum’s sales totalled EUR 6.2 billion and comparable operating profit was EUR 1.7 billion. We employ approximately 10,400 people. Fortum’s shares are quoted on NASDAQ OMX Helsinki.

Further information: www.fortum.com

About Us

Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

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