Solar Economy, Digitalisation and Consumer

VP New Business Kalle Ahlstedt, Fortum

Fortum today

2

Nordic countries

Power generation* 49.2 TWh

Heat sales* 10.9 TWh

Electricity customers 1.3 million

Distribution customers

in Sweden 0.9 million

Distribution

Power

generation

Electricity

sales

Heat

OAO Fortum

Power generation 23.3 TWh

Heat sales 26.0 TWh

Russia*

* In addition, Fortum has a 29.5% share in TGC-1 * Including Fortum’s associated company Fortum Värme;

power generation 1.2 TWh and heat sales 7.6 TWh.

Poland Power generation 0.7 TWh

Heat sales 3.4 TWh

Baltic countries Power generation 0.7 TWh

Heat sales 1.2 TWh

India Power generation 9 GWh

Key figures 2014 Sales EUR 4.8 bn

Comparable operating profit EUR 1.4 bn

Balance sheet EUR 21 bn

Personnel 8,600

Lo

w

Eff

icie

ncy

Hig

h E

ffic

iency

High Emissions Emission free

Solar Economy Solar based production with

high overall system efficiency

Traditional

energy production Exhaustible fuels that

burden the environment

Coal Gas

Oil

Advanced

energy production Energy efficient and/or

low-emission production

Nuclear

today

Nuclear

tomorrow

CHP

CCS

Geothermal

Hydro

Wind

Sun

Ocean

Bio

Storage

Active

Consumer Demand

Response

Interconnectors

Smart

applications

3

Copyright © Fortum Corporation

All rights reserved by Fortum Corporation and shall be deemed the sole property of Fortum Corporation and nothing in this slide

or otherwise shall be construed as granting or conferring any rights, in particular any intellectual property rights

Energy is an enabler

Digitalisation provides new value creation possibilities

4

Increased productivity –

cheaper / more value

Improved customer experience –

personal / more / better

New business models –

earlier just impossible

New energy related consumer businesses are many

Mobility

Micro production/storage

Integration

5

Other products/services

Heating/Cooling

As it looks like power sector value pool split is to change

Energy

Now Future

Flexibility /

capacity

Environment /

CO2 freeness

Consumer market

Illustrative