1. Birgitta Resvik, Vice President Corporate Relations, Fortum
Fortum – Power and heat company
in the Nordic countries, Russia,
Poland and the Baltics
Svebio-Ambassador´s meeting 4th December 2013

2. Our geographical presence today
2
TGC-1 (~25%)
Power generation ~7 TWh
Heat sales ~8 TWh
OAO Fortum
Power generation 19.2 TWh
Heat sales 26.4 TWh
Russia
Poland
Power generation 0.8 TWh
Heat sales 4.3 TWh
Baltic countries
Power generation 0.4 TWh
Heat sales 0.9 TWh
Nordic countries
Power generation 51.6 TWh
Heat sales 14.5 TWh
Distribution customers 1.6 million
Electricity customers 1.2 million
Nr 3 Power
generation
Electricity
sales
Nr 2
Nr 1 Heat
DistributionNr 1
Key figures 2012
Sales EUR 6.2 bn
Operating profit EUR 1.9 bn
Balance sheet EUR 25 bn
Personnel 10,400
Great Britain
Power generation 1.1 TWh
Heat sales 1.8 TWh

3. 3
Fortum in Sweden
Distribution of electricity
Hydro Power plants
2 Nuclear plants – co-owned
1 Condensing plant – co-owned
• Fortum Heat divisions CHP-
plants not on the map

4. Hydro power
47%
Coal 4%
Other 1%
Nuclear power 43%
Biomass 2%
European generation 53.9 TWh
(Generation capacity 11,271 MW)
Fortum's European
power generation in 2012
Natural gas 3%
European production 18.5 TWh
(Production capacity 9,035 MW)
Fortum's European
heat production in 2012
Peat 2%
Oil 2%
Heat pumps, electricity
18%
Waste 10%
Natural gas
21%
Coal 20%
Biomass
27%
Fortum's European power generation based on hydro and nuclear
power – wide flexibility in heat production
4

5. Fortum's carbon exposure among the lowest in Europe
5
0
200
400
600
800
1000
1200
DEI
Drax
RWE
CEZ
SSE
Edipower
Vattenfall
Enel
EDP
E.ON
GDFSUEZ
Dong
UnionFenosa
EnBW
Iberdrola
Fortumtotal
Verbund
PVO
FortumEU
EDF
Statkraft
88
g CO2/kWh electricity, 2011
2012
68% of Fortum's total power generation CO2-free
93% of Fortum’s power generation in the EU CO2-free
Close to 100% of the ongoing investment programme
in the EU CO2-free
Average 338 g/kWh
192
Note:
Fortum’s specific emission of the power generation in 2012 in the EU were 42 g/kWh and in total 171 g/kWh.
Only European generation except “Fortum total“ which includes Russia.
Source:
PWC & Enerpresse, Novembre 2012
Changement climatique et Électricité, Fortum

6. Stockholm -The European Green Capital 2010
Fortum has since 1980 reduced the emissions in Stockholm:
-60 % CO2 -95 % SO2 -80 % NOx

7. District heating in Stockholm by Fortum Värme
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8. 8
New bio–CHP in the center of Stockholm:
one of world biggest, will give 750 GWh electricity and
1700 GWh heat - correspond to 190 000 flats

9. Fuel supply from local, regional and global sources
9
Base supply on rail from terminals in a
wide nordic supply area. Logistic flexibility
to ensure security in supply and access to
a global market

10. 10
Royal Seaport of Stockholm –
A prime example of sustainable urban development
Vision
• Royal Seaport – an international benchmark of
sustainable urban development
Mission and goals
• Build 10 000 new apartments, 30 000 work
spaces and a wide harbour in 2009-25
• Fossil fuel free-zone in 2030
• CO2-emissions less than 1.5 tonne/person by
2009-2025 (currently 4.5 tonne/person)
Focus areas
• Efficient use of energy
• Climate-benign transport solutions
• Life style -issues

11. Transition towards Solar Economy Solar Economy
Solar based production with
high overall system efficiency
Resource&systemefficiency
Finite fuel resources Large CO2 emissions Infinite fuel resources Emissions free production
HighLow
Geothermal
Hydro
Wind
Sun
Ocean
Bio
Coal Gas
Oil Nuclear
today
Nuclear
tomorrow
CHP
CCS
Traditional
energy production
Exhaustible fuels that burden
the environment
Advanced
energy production
Energy efficient and/or
low-emission production
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
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12. Fortum a forerunner in sustainability
• Dow Jones Sustainability World Index
– Included for ten consecutive years
– Fortum the only Nordic power and heat company
• Carbon Disclosure Leadership Index
– Fortum globally best company in the utility sector
2013
– Fortum the only Nordic power and heat company
• SAM Sustainability Yearbook
• STOXX® Global ESG Leaders indices
• oekom
• OMX GES Sustainability Finland Index
• Storebrand SRI
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13. 13
Thank you!

14. Fuel Hierarchy
Household and Industrial waste
Heat Surplus
Industrial by-products
Biomass
F&A by-products
Biomass
Forrest and Agricultural
Biomass
Fossil fuels
Energy efficiency
Resource efficiency
Environmental efficiency
Cost efficiency

15. Fuels in Fortum Heat Scandinavia
Waste
750 kton/year (86 000 trucks) to Högdalen CHP. Will increase
to 1 million tonnes in 2013.
Wood Chips
1 TWh/year to Brista CHP. Domestic supply and import thru
port of Hargshamn.
Wood Pellet
300 kton/year to Hässelby CHP. Main supply from Russia
and the Baltic states (100-150 vessels/year).
Bio oils
80-100 kton/year. Based on TOP and residues from
oleochemic industry in Asia, Brazil and Europe.
Coal
300 kton/year. Mainly Russian coal. Special quality
requirements.
Fossile oils
5-20 kton/year. Gasoil and HFO (low sulphur).
Brista CHP
HässelbyCHP

16. 16
The sustainable waste
• Local fuel from recycled materials
• Turns cost into commodity
• Landfill problems solved
• Reduces methane by reducing landfills
Plant
Högdalen, Stockholm
40 years experience of waste to energy CHP
700,000 tonnes recycled waste
3.6 TWh heat & 0.3 TWh electricity
90 % of energy content in the waste is utilized

18. R&D aspiration is to enable a sustainable CO2-free future for
Fortum
• Wave power to commercial use
• Pyrolysis oil one step towards
aspiration to become a carbon free
power and heat producer
• Advancing a rapid adoption of electric
vehicles
• New solutions to district heating
• Decentralised energy production and
smart grids
• Increased nuclear safety and lifetime,
nuclear CHP
• NURES product to remove
radioactivity from liquids
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