The initial acceptance period for Fortum's offer to Uniper shareholders ends

FORTUM CORPORATION INVESTOR NEWS 17 JANUARY 2018 AT 9:00 EET

The initial acceptance period for the voluntary public takeover offer for the outstanding shares of Uniper has ended on 16 January 2018. As communicated on 8 January 2018, Uniper’s largest shareholder E.ON decided to tender its 46,65% shareholding in the offer. On 19 January 2018, Fortum will publish the total amount of shares tendered until now.

Uniper shareholders who have not tendered their shares to the offer within the initial acceptance period can still tender during the additional acceptance period presumably beginning on 20 January 2018 and ending on 2 February 2018, pursuant to the statutory provisions of the German Securities Acquisition and Takeover Act (WpÜG). Fortum expects to publish the total amount of shares tendered on 7 February 2018.

The offer is still subject to competition and regulatory approvals. Fortum expects to finalise the transaction in mid-2018.

Fortum Corporation

Ingela Ulfves
VP, Investor Relations and Financial Communications

Further information:

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 and Financial Communications, tel. +358 10 453 6150

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