Appointments to Fortum Leadership Team

FORTUM CORPORATION STOCK EXCHANGE RELEASE 18 DECEMBER 2024 AT 09:00 EET

Release category: Changes in board/management/auditors

Fortum appoints Ms Kati Levoranta as Executive Vice President, Legal, General Counsel and Ms Karin Svenske Nyberg as Executive Vice President, People. Both Ms Levoranta and Ms Svenske Nyberg will become members of the Fortum Leadership team and will be reporting to the President and CEO, Markus Rauramo. Until they join Fortum, there are internal arrangements in place in both functions to guarantee a successful interim period.

Ms Levoranta (54), LL.M, MBA, joins Fortum from P2X Solutions Oy, where she currently holds the position of Chief Operating Officer. Ms Levoranta has vast business and legal leadership experience from among others Rovio, Nokia, and Dittmar & Indrenius. She will start in her new role at Fortum latest on 1 July 2025.

Ms Svenske Nyberg (58), MSc, joins Fortum from consulting, where she currently assists large industrial companies who need senior competences in human resources. Ms Svenske Nyberg has extensive experience from HR leadership positions in international listed companies especially in Sweden, among others Elekta, Clas Ohlson and Stora Enso. She will start in her new role at Fortum on 1 May 2025.

"I warmly welcome both Kati and Karin to our Fortum team and look forward to working together with them. They both will bring great value with their broad experience from leading Nordic companies. Their insights will be invaluable to support our businesses and further development of both functions as we take our next steps on our company journey", says Markus Rauramo, President and CEO of Fortum.

Fortum Corporation

Ingela Ulfves, VP, Investor Relations and Financial Communications

Attachments:

CV Kati Levoranta
CV Karin Svenske Nyberg

Further information:

Investors and analysts:
Ingela Ulfves, VP, Investor Relations and Financial Communications, tel. +358 40 515 1531

Media:
Fortum News Desk, tel. +358 40 198 2843

Distribution:

Nasdaq Helsinki
Main media
www.fortum.com