E.ON tenders its Uniper shares to Fortum's offer

FORTUM CORPORATION STOCK EXCHANGE RELEASE 8 JANUARY 2018 AT 18.00 EET

E.ON SE has today announced that it has decided to tender its 170,720,340 Uniper SE shares, corresponding to 46.65% of shares and voting rights, into Fortum's public takeover offer. Furthermore, E.ON announced that the members of the E.ON Board of Management who have until now held Uniper shares privately will also tender all of their shares to Fortum under the voluntary public takeover offer. Fortum's public takeover offer to Uniper shareholders (including E.ON) is a cash offer that carries a total value of EUR 22 per share.

“We welcome E.ON’s decision to accept our offer, which we believe is a fair reflection of Uniper’s value and performance since its spinoff from E.ON. I am convinced that investment in Uniper will deliver an attractive return and support us in accelerating the transition to a clean and secure energy future,” says Fortum’s President and CEO Pekka Lundmark.

The acceptance period for Fortum's offer ends on 16 January 2018 at 24:00 CET. The additional acceptance period will presumably begin on 20 January 2018 and end on 2 February 2018 pursuant to the statutory provisions of the German Securities Acquisition and Takeover Act (WpÜG).

Fortum Corporation

Ingela Ulfves
Vice President, Investor Relations and Financial Communications

Further information

Investors and analysts:

Ingela Ulfves, VP, IR and Financial Communications tel. +358 40 515 1531
Måns Holmberg, Manager, IR and Financial Communications tel. +358 44 518 1518
Rauno Tiihonen, Manager, IR tel. +358 10 453 6150

Media:

Pauliina Vuosio, VP, Communications tel. +358 50 453 2383
Christian Weyand, Brunswick Group tel. +49 172 617 1677

Distribution:

Nasdaq Helsinki
Main media
www.fortum.com

Fortum

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 9,000 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

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 9,000 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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