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Home › Companies › Fortum Oyj › 2024-2025

Fortum Oyj 2024-2025 Proxy Voting Records

At Fortum Oyj's shareholder meeting held April 1, 2025, in the 2024-2025 proxy season, 87 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,893 separate fund positions. Their filings are grouped here into 44 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Remuneration Report (Advisory Vote) — the reporting funds and managers cast 97% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 44Reported items
  • 87Asset managers
  • 2,893Fund votes
  • April 1, 2025Meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Fortum Oyj has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Fortum Oyj in the interactive database Compare manager voting policies

How asset managers voted at the Fortum Oyj 2024-2025 meeting

Each item below shows how the 87 asset managers that disclosed a Fortum Oyj vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Fortum Oyj’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Reelect Ralf Christian, Luisa Delgado, Jonas Gustavsson (Deputy Chair), Marita Niemela, Teppo Paavola, Mikael…

No official resultsDIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

34% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 52 asset managers

Description as filed by funds: Reelect Ralf Christian, Luisa Delgado, Jonas Gustavsson (Deputy Chair), Marita Niemela, Teppo Paavola, Mikael Silvennoinen (Chair), Johan Soderstrom and Vesa-Pekka Takala as Directors; Elect Stefanie Kesting as New Director;

The 52 asset managers below reported 11,581,520 for, 22,666,712 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,581,520AGAINST: 22,666,712
Largest asset managers voting on “Reelect Ralf Christian, Luisa Delgado, Jonas Gustavsson (Deputy Chair), Marita Niemela, Teppo Paavola, Mikael ” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard012,327,483 00Against
Fidelity07,679,013 00Against
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR01,051,142 00Against
Lazard748,9740 00For
TIAA0736,731 00Against
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance0376,315 00Against
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica0168,291 00Against
Northern Trust148,451938 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable88,12924,437 00Mixed
Franklin Templeton108,2990 00For
American Century093,679 00Against
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

2. Resolution on the Remuneration of the Members of the Board of Directors

No official resultsSECTION 14A SAY-ON-PAY VOTES

100% of fund votes cast · no official result

FOR
Details: votes by 16 asset managers

The 16 asset managers below reported 14,033,499 for, 134,423 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,033,499ABSTAIN: 134,423
Largest asset managers voting on “Resolution on the Remuneration of the Members of the Board of Directors” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
OnyxPoint Global Management LP00 134,4230Abstain
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

3. ELECTION OF THE CHAIR, DEPUTY CHAIR AND MEMBERS OF THE BOARD OF DIRECTORS: REELECT RALF CHRISTI AN, LUISA DELGADO…

No official resultsDIRECTOR ELECTIONS

99.7% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: ELECTION OF THE CHAIR, DEPUTY CHAIR AND MEMBERS OF THE BOARD OF DIRECTORS: REELECT RALF CHRISTI AN, LUISA DELGADO, JONAS GUSTAVSSON (DEPUTY CHAIR), MARITA NIEMELA, TE PPO PAAVOLA, MIKAEL SILVENNOINEN (C HAIR), JOHAN SODERSTROM AND VESA-PE KKA TAKALA AS DIRECTORS ELECT STEF ANIE KESTING AS NEW DIRECTOR

The 15 asset managers below reported 13,871,505 for, 37,595 against, 124,399 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 13,871,505AGAINST: 37,595ABSTAIN: 124,399
Largest asset managers voting on “ELECTION OF THE CHAIR, DEPUTY CHAIR AND MEMBERS OF THE BOARD OF DIRECTORS: REELECT RALF CHRISTI AN, LUISA DELG” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock117,03216,798 00Mixed
Northern Lights Fund Trust IV00 124,3990Abstain
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust27,5753,191 00Mixed
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust017,606 00Against
RBB FUND, INC.2,4930 00For

4. Resolution on the discharge from liability of the members of the board of directors and the president and CEO for the…

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: RESOLUTION ON THE DISCHARGE FROM LIABILITY OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE PRESIDENT AND CEO FOR THE FINANCIAL YEAR 2024

The 15 asset managers below reported 14,033,499 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,033,499
Largest asset managers voting on “RESOLUTION ON THE DISCHARGE FROM LIABILITY OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE PRESIDENT AND CEO ” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

5. Resolution on the number of the members of the board of directors

No official resultsAUDIT-RELATEDCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: RESOLUTION ON THE NUMBER OF THE MEMBERS OF THE BOARD OF DIRECTORS

The 15 asset managers below reported 14,033,499 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,033,499
Largest asset managers voting on “RESOLUTION ON THE NUMBER OF THE MEMBERS OF THE BOARD OF DIRECTORS” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

6. Election of Directors

No official resultsDIRECTOR ELECTIONS

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported this as one line covering every nominee; it is not attributed to any one director, and no share total is shown for it.

Largest asset managers voting on “Election of Directors” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

7. Fix Number of Directors at Nine

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 52 asset managers

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Fix Number of Directors at Nine” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

8. Board Size

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Board Size” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

9. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 52 asset managers

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

10. Approve Allocation of Income and Dividends of EUR 1.40 Per Share

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 52 asset managers

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Approve Allocation of Income and Dividends of EUR 1.40 Per Share” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

11. Approve Discharge of Board and President and CEO

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 52 asset managers

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Approve Discharge of Board and President and CEO” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

12. Adoption of the financial statements and consolidated financial statements

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: ADOPTION OF THE FINANCIAL STATEMENTS AND CONSOLIDATED FINANCIAL STATEMENTS

The 15 asset managers below reported 14,033,499 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,033,499
Largest asset managers voting on “ADOPTION OF THE FINANCIAL STATEMENTS AND CONSOLIDATED FINANCIAL STATEMENTS” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

13. Resolution on the use of the profit shown on the balance sheet and the distribution of dividend

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: RESOLUTION ON THE USE OF THE PROFIT SHOWN ON THE BALANCE SHEET AND THE DISTRIBUTION OF DIVIDEND

The 15 asset managers below reported 14,033,499 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,033,499
Largest asset managers voting on “RESOLUTION ON THE USE OF THE PROFIT SHOWN ON THE BALANCE SHEET AND THE DISTRIBUTION OF DIVIDEND” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

14. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Accounts and Reports” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

15. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Allocation of Profits/Dividends” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

16. Ratification of Board and CEO Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Ratification of Board and CEO Acts” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

17. Authorize Charitable Donations

No official resultsOTHER SOCIAL ISSUES

100% of fund votes cast · no official result

FOR
Details: votes by 52 asset managers

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Authorize Charitable Donations” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

18. Authorising the board of directors to decide on charitable contributions

No official resultsOTHER SOCIAL ISSUES

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON CHARITABLE CONTRIBUTIONS

The 15 asset managers below reported 14,033,499 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,033,499
Largest asset managers voting on “AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON CHARITABLE CONTRIBUTIONS” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

19. Charitable Donations

No official resultsOTHER SOCIAL ISSUES

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Charitable Donations” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

20. Acknowledge Proper Convening of Meeting

No official resultsCORPORATE GOVERNANCE

— of fund votes cast · no official result

NOT VOTEDUNKNOWN
Details: votes by 4 asset managers

The 4 asset managers below reported 5,144 abstained, 33,449 not voted, 16,592 unknown.

ABSTAIN: 5,144NOT VOTED: 33,449UNKNOWN: 16,592
Largest asset managers voting on “Acknowledge Proper Convening of Meeting” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Brighthouse00 00Not Voted
Arrow ETF Trust00 00--
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 5,1440Abstain

21. Call the Meeting to Order

— of fund votes cast · no official result

NOT VOTEDUNKNOWN
Details: votes by 4 asset managers

The 4 asset managers below reported 5,144 abstained, 33,449 not voted, 16,592 unknown.

ABSTAIN: 5,144NOT VOTED: 33,449UNKNOWN: 16,592
Largest asset managers voting on “Call the Meeting to Order” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Brighthouse00 00Not Voted
Arrow ETF Trust00 00--
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 5,1440Abstain

22. Close Meeting

— of fund votes cast · no official result

NOT VOTEDUNKNOWN
Details: votes by 4 asset managers

The 4 asset managers below reported 5,144 abstained, 33,449 not voted, 16,592 unknown.

ABSTAIN: 5,144NOT VOTED: 33,449UNKNOWN: 16,592
Largest asset managers voting on “Close Meeting” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Brighthouse00 00Not Voted
Arrow ETF Trust00 00--
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 5,1440Abstain

23. Designate Inspector or Shareholder Representative(s) of Minutes of Meeting

No official resultsCORPORATE GOVERNANCE

— of fund votes cast · no official result

NOT VOTEDUNKNOWN
Details: votes by 4 asset managers

The 4 asset managers below reported 5,144 abstained, 33,449 not voted, 16,592 unknown.

ABSTAIN: 5,144NOT VOTED: 33,449UNKNOWN: 16,592
Largest asset managers voting on “Designate Inspector or Shareholder Representative(s) of Minutes of Meeting” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Brighthouse00 00Not Voted
Arrow ETF Trust00 00--
Empower00 00Not Voted
Advisors' Inner Circle Fund III00 5,1440Abstain

24. Approve Remuneration of Directors in the Amount of EUR 155,000 for Chair, EUR 85,000 for Deputy Chair and EUR 68,000…

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 52 asset managers

Description as filed by funds: Approve Remuneration of Directors in the Amount of EUR 155,000 for Chair, EUR 85,000 for Deputy Chair and EUR 68,000 for Other Directors; Approve Remuneration for Committee Work; Approve Meeting Fees

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Approve Remuneration of Directors in the Amount of EUR 155,000 for Chair, EUR 85,000 for Deputy Chair and EUR ” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

25. Directors' Fees

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Directors' Fees” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

26. Approve Remuneration Report (Advisory Vote)

97% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 56 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 52 asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Fund voting reports, all 52 managers: 34,248,232 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 4 asset managers voting on “Approve Remuneration Report (Advisory Vote)” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.01,017,194 00Against
JPMorgan465,9320 00For
Desjardins Global Asset Management Inc.38,6460 00For
Plato Investment Management Ltd4,2850 00For

Institutional-manager reports, all 4 managers: 508,863 for, 1,017,194 against.

27. Approve Remuneration Policy And Other Terms of Employment For Executive Management

100% of fund votes cast · no official result

FOR
Details: votes by 52 asset managers

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Approve Remuneration Policy And Other Terms of Employment For Executive Management” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

28. Presentation of the Remuneration Report for the Company's Governing Bodies

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 23 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 15 asset managers voting on “Presentation of the Remuneration Report for the Company's Governing Bodies” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV00 124,3990Abstain
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

Fund voting reports, all 15 managers: 13,909,100 for, 124,399 abstained.

Institutional-manager reports: 9 asset managers voting on “Presentation of the Remuneration Report for the Company's Governing Bodies” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,464,0020 00For
Southpoint Capital Advisors LP3,114,0920 00For
Siemens Fonds Invest GmbH165,1760 00For
OnyxPoint Global Management LP00 134,4230Abstain
Northern Trust97,9260 00For
1832 Asset Management L.P.30,8800 00For
NATIONAL BANK TRUST INC.1,7880 00For
Korea Investment CORP6680 00For
XPONANCE, INC.6470 00For

Institutional-manager reports, all 9 managers: 13,875,179 for, 134,423 abstained.

29. Presentation of the Remuneration Policy for the Company's Governing Bodies

No official resultsFund totals may overlapSECTION 14A SAY-ON-PAY VOTES

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 16 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 15 asset managers voting on “Presentation of the Remuneration Policy for the Company's Governing Bodies” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV00 124,3990Abstain
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN30,7160 00For
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

Fund voting reports, all 15 managers: 13,909,100 for, 124,399 abstained.

Institutional-manager reports: 2 asset managers voting on “Presentation of the Remuneration Policy for the Company's Governing Bodies” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock10,464,0020 00For
OnyxPoint Global Management LP00 134,4230Abstain

Institutional-manager reports, all 2 managers: 10,464,002 for, 134,423 abstained.

30. Remuneration Policy

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Remuneration Policy” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

31. Remuneration Report

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Remuneration Report” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

32. Approve Remuneration of Auditors; Approve Remuneration of Auditor for Sustainability Reporting

No official resultsAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: votes by 52 asset managers

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Approve Remuneration of Auditors; Approve Remuneration of Auditor for Sustainability Reporting” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

33. Ratify Deloitte as Auditors for the Term of Office 2025; Appoint Deloitte as Auditor for Sustainability Reporting for…

No official resultsAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 52 asset managers

Description as filed by funds: Ratify Deloitte as Auditors for the Term of Office 2025; Appoint Deloitte as Auditor for Sustainability Reporting for the Term of Office 2025

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Ratify Deloitte as Auditors for the Term of Office 2025; Appoint Deloitte as Auditor for Sustainability Report” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

34. Ratify KPMG as Auditors for the Term of Office 2026; Appoint KPMG as Auditor for Sustainability Reporting for the Term…

No official resultsAUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 52 asset managers

Description as filed by funds: Ratify KPMG as Auditors for the Term of Office 2026; Appoint KPMG as Auditor for Sustainability Reporting for the Term of Office 2026

The 52 asset managers below reported 34,248,232 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 34,248,232
Largest asset managers voting on “Ratify KPMG as Auditors for the Term of Office 2026; Appoint KPMG as Auditor for Sustainability Reporting for ” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard12,327,4830 00For
Fidelity7,679,0130 00For
Thornburg4,204,1000 00For
Artisan1,365,5710 00For
Dimensional1,101,4350 00For
AQR1,051,1420 00For
Lazard748,9740 00For
TIAA736,7310 00For
Thrivent727,4110 00For
First Trust709,3890 00For
BNY Mellon439,4280 00For
ALPS ETF Trust383,1540 00For
Eaton Vance376,3150 00For
EXCHANGE TRADED CONCEPTS TRUST275,2160 00For
DWS274,5360 00For
WisdomTree221,1020 00For
AIG/SunAmerica168,2910 00For
Northern Trust149,3890 00For
PIMCO147,4110 00For
Putnam118,3520 00For
Equitable112,5660 00For
Franklin Templeton108,2990 00For
American Century93,6790 00For
Lattice Strategies Trust90,8660 00For
AMERICAN BEACON FUNDS86,3990 00For

Showing the 25 largest of 52 asset managers. All 52 are in the interactive database (link above).

35. ELECTION OF THE AUDITOR AND THE SUSTAINABILITY REPORTING ASSURANCE PROVIDER FOR THE FINANCIAL YEAR 2025

No official resultsAUDIT-RELATED

99.7% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 14,002,783 for, 30,716 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,002,783AGAINST: 30,716
Largest asset managers voting on “ELECTION OF THE AUDITOR AND THE SUSTAINABILITY REPORTING ASSURANCE PROVIDER FOR THE FINANCIAL YEAR 2025” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN030,716 00Against
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

36. ELECTION OF THE AUDITOR AND THE SUSTAINABILITY REPORTING ASSURANCE PROVIDER FOR THE FINANCIAL YEAR 2026: KPMG

No official resultsAUDIT-RELATED

99.7% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 14,002,783 for, 30,716 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,002,783AGAINST: 30,716
Largest asset managers voting on “ELECTION OF THE AUDITOR AND THE SUSTAINABILITY REPORTING ASSURANCE PROVIDER FOR THE FINANCIAL YEAR 2026: KPMG” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN030,716 00Against
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

37. Resolution on the remuneration of the auditor and the sustainability reporting assurance provider

No official resultsAUDIT-RELATED

99.7% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: RESOLUTION ON THE REMUNERATION OF THE AUDITOR AND THE SUSTAINABILITY REPORTING ASSURANCE PROVIDER

The 15 asset managers below reported 14,002,783 for, 30,716 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 14,002,783AGAINST: 30,716
Largest asset managers voting on “RESOLUTION ON THE REMUNERATION OF THE AUDITOR AND THE SUSTAINABILITY REPORTING ASSURANCE PROVIDER” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock12,218,1830 00For
Six Circles Trust651,5450 00For
Pacer Funds Trust267,6970 00For
Investment Managers Series Trust160,0000 00For
JPMorgan146,3440 00For
John Hancock133,8300 00For
Northern Lights Fund Trust IV124,3990 00For
ETF Series Solutions106,7690 00For
Jackson National58,8850 00For
MASTER INVESTMENT PORTFOLIO52,7670 00For
Allianz31,4990 00For
Bridge Builder Trust30,7660 00For
TIMOTHY PLAN030,716 00Against
Harbor ETF Trust17,6060 00For
RBB FUND, INC.2,4930 00For

38. Appointment of Auditor; Appointment of Auditor for Sustainability Reporting for the financial year 2025

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Appointment of Auditor; Appointment of Auditor for Sustainability Reporting for the financial year 2025” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

39. Appointment of Auditor; Appointment of Auditor for Sustainability Reporting for the financial year 2026

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Appointment of Auditor; Appointment of Auditor for Sustainability Reporting for the financial year 2026” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

40. Authority to Set Auditor's Fees; Authority to Set Sustainability Auditor's Fee

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 11 asset managers

The 11 asset managers below reported 6,343,825 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,343,825
Largest asset managers voting on “Authority to Set Auditor's Fees; Authority to Set Sustainability Auditor's Fee” at Fortum Oyj, 2024-2025
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust2,823,3630 00For
Charles Schwab1,778,5750 00For
Principal639,5490 00For
Brinker Capital Destinations Trust524,2730 00For
Prudential/PGIM467,1030 00For
Russell Investments69,4040 00For
Perpetual Americas Funds Trust19,4010 00For
Global X10,8460 00For
Morningstar Funds Trust9,7820 00For
Federated Hermes8740 00For
Adviser Managed Trust6550 00For

Showing the 40 reported items with the widest manager coverage, of 44 in total. Every item is in the interactive database (link above).

Largest Fortum Oyj shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Fortum Oyj shareholders by shares voted on “Approve Remuneration Report (Advisory Vote)”, 2024-2025
#Asset manager Shares voted
1Vanguard 12,327,483
2Fidelity 7,679,013
3Thornburg 4,204,100
4Artisan 1,365,571
5Dimensional 1,101,435
6AQR 1,051,142
7Lazard 748,974
8TIAA 736,731
9Thrivent 727,411
10First Trust 709,389
Institutional-manager reports: top Fortum Oyj shareholders by shares voted on “Presentation of the Remuneration Report for the Company's Governing Bodies”, 2024-2025
#Asset manager Shares voted
1BlackRock 10,464,002
2Southpoint Capital Advisors LP 3,114,092
3Siemens Fonds Invest GmbH 165,176
4OnyxPoint Global Management LP 134,423
5Northern Trust 97,926
61832 Asset Management L.P. 30,880
7NATIONAL BANK TRUST INC. 1,788
8Korea Investment CORP 668
9XPONANCE, INC. 647

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Fortum Oyj for the 2024-2025 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

Fortum Oyj proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Cite this page

proxyvotesnow.com, “Fortum Oyj 2025 Annual Meeting: Shareholder Vote Results & Fund Votes”, https://proxyvotesnow.com/company/fortum-oyj/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.