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Home › Companies › Fortum Oyj › 2025-2026

Fortum Oyj 2025-2026 Proxy Voting Records

At Fortum Oyj's shareholder meeting held March 31, 2026, in the 2025-2026 proxy season, 80 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,526 separate fund positions. Their filings are grouped here into 29 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 99.9% 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.

  • 29Reported items
  • 80Asset managers
  • 2,526Fund votes
  • March 31, 2026Meeting 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 2025-2026 meeting

Each item below shows how the 80 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 (VICE CHAIR), STEFANIE KESTING, MARITA NIEMELA, MIKAEL…

No official resultsDIRECTOR ELECTIONS

99.6% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: REELECT RALF CHRISTIAN, LUISA DELGADO, JONAS GUSTAVSSON (VICE CHAIR), STEFANIE KESTING, MARITA NIEMELA, MIKAEL SILVENNOINEN (CHAIR), JOHAN SODERSTROM AND VESA-PEKKA TAKALA AS DIRECTORS; ELECT MIKA ANTTONEN AND EMMANUELLE VERGER- CHABOT AS NEW DIRECTORS

The 61 asset managers below reported 47,012,417 for, 181,054 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: 47,012,417AGAINST: 181,054
Largest asset managers voting on “REELECT RALF CHRISTIAN, LUISA DELGADO, JONAS GUSTAVSSON (VICE CHAIR), STEFANIE KESTING, MARITA NIEMELA, MIKAEL” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica0174,208 00Against
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

2. 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 12 asset managers

The 12 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, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

3. Amend articles RE: financial statements, auditing and sustainability reporting assurance; annual general meeting

No official resultsCORPORATE GOVERNANCE

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: AMEND ARTICLES RE: FINANCIAL STATEMENTS, AUDITING AND SUSTAINABILITY REPORTING ASSURANCE; ANNUAL GENERAL MEETING

The 61 asset managers below reported 47,160,956 for, 32,515 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: 47,160,956AGAINST: 32,515
Largest asset managers voting on “AMEND ARTICLES RE: FINANCIAL STATEMENTS, AUDITING AND SUSTAINABILITY REPORTING ASSURANCE; ANNUAL GENERAL MEETI” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

4. Amendments to Articles (Sustainability Reporting Assurance Provider)

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Amendments to Articles (Sustainability Reporting Assurance Provider)” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

5. Fix number of directors at ten

No official resultsAUDIT-RELATEDCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: FIX NUMBER OF DIRECTORS AT TEN

The 61 asset managers below reported 47,193,471 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: 47,193,471
Largest asset managers voting on “FIX NUMBER OF DIRECTORS AT TEN” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

6. Board Size

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Board Size” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

7. Accept financial statements and statutory reports

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS

The 61 asset managers below reported 47,193,471 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: 47,193,471
Largest asset managers voting on “ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

8. Approve allocation of income and dividends of EUR 0.74 per share

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF EUR 0.74 PER SHARE

The 61 asset managers below reported 47,193,471 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: 47,193,471
Largest asset managers voting on “APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF EUR 0.74 PER SHARE” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

9. Approve discharge of board and president and CEO

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: APPROVE DISCHARGE OF BOARD AND PRESIDENT AND CEO

The 61 asset managers below reported 47,193,471 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: 47,193,471
Largest asset managers voting on “APPROVE DISCHARGE OF BOARD AND PRESIDENT AND CEO” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

10. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Accounts and Reports” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

11. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Allocation of Profits/Dividends” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

12. Ratification of Board and CEO Acts

No official resultsCORPORATE GOVERNANCE

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Ratification of Board and CEO Acts” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

13. Receive financial statements and statutory reports

— of fund votes cast · no official result

NOT VOTED
Details: description as filed, votes by 7 asset managers

Description as filed by funds: RECEIVE FINANCIAL STATEMENTS AND STATUTORY REPORTS

The 7 asset managers below reported 7,020 abstained, 434,390 not voted.

ABSTAIN: 7,020NOT VOTED: 434,390
Largest asset managers voting on “RECEIVE FINANCIAL STATEMENTS AND STATUTORY REPORTS” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted
Symmetry Panoramic Trust00 3,9620Abstain
Advisors' Inner Circle Fund III00 3,0580Abstain
Investment Managers Series Trust00 00--
Northern Lights Fund Trust IV00 00--

14. Authorize charitable donations

No official resultsOTHER SOCIAL ISSUES

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: AUTHORIZE CHARITABLE DONATIONS

The 61 asset managers below reported 47,193,471 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: 47,193,471
Largest asset managers voting on “AUTHORIZE CHARITABLE DONATIONS” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

15. Charitable Donations

No official resultsOTHER SOCIAL ISSUES

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Charitable Donations” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

16. Acknowledge proper convening of meeting

— of fund votes cast · no official result

NOT VOTED
Details: description as filed, votes by 7 asset managers

Description as filed by funds: ACKNOWLEDGE PROPER CONVENING OF MEETING

The 7 asset managers below reported 7,020 abstained, 434,390 not voted.

ABSTAIN: 7,020NOT VOTED: 434,390
Largest asset managers voting on “ACKNOWLEDGE PROPER CONVENING OF MEETING” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted
Symmetry Panoramic Trust00 3,9620Abstain
Advisors' Inner Circle Fund III00 3,0580Abstain
Investment Managers Series Trust00 00--
Northern Lights Fund Trust IV00 00--

17. Designate inspector or shareholder representative(s) of minutes of meeting

— of fund votes cast · no official result

NOT VOTED
Details: description as filed, votes by 7 asset managers

Description as filed by funds: DESIGNATE INSPECTOR OR SHAREHOLDER REPRESENTATIVE(S) OF MINUTES OF MEETING

The 7 asset managers below reported 7,020 abstained, 434,390 not voted.

ABSTAIN: 7,020NOT VOTED: 434,390
Largest asset managers voting on “DESIGNATE INSPECTOR OR SHAREHOLDER REPRESENTATIVE(S) OF MINUTES OF MEETING” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted
Symmetry Panoramic Trust00 3,9620Abstain
Advisors' Inner Circle Fund III00 3,0580Abstain
Investment Managers Series Trust00 00--
Northern Lights Fund Trust IV00 00--

18. Prepare and approve list of shareholders

— of fund votes cast · no official result

NOT VOTED
Details: description as filed, votes by 7 asset managers

Description as filed by funds: PREPARE AND APPROVE LIST OF SHAREHOLDERS

The 7 asset managers below reported 7,020 abstained, 434,390 not voted.

ABSTAIN: 7,020NOT VOTED: 434,390
Largest asset managers voting on “PREPARE AND APPROVE LIST OF SHAREHOLDERS” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted
Symmetry Panoramic Trust00 3,9620Abstain
Advisors' Inner Circle Fund III00 3,0580Abstain
Investment Managers Series Trust00 00--
Northern Lights Fund Trust IV00 00--

19. Call the meeting to order

— of fund votes cast · no official result

NOT VOTED
Details: description as filed, votes by 6 asset managers

Description as filed by funds: CALL THE MEETING TO ORDER

The 6 asset managers below reported 7,020 abstained, 434,390 not voted.

ABSTAIN: 7,020NOT VOTED: 434,390
Largest asset managers voting on “CALL THE MEETING TO ORDER” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted
Symmetry Panoramic Trust00 3,9620Abstain
Advisors' Inner Circle Fund III00 3,0580Abstain
Northern Lights Fund Trust IV00 00--

20. Close meeting

— of fund votes cast · no official result

NOT VOTED
Details: description as filed, votes by 6 asset managers

Description as filed by funds: CLOSE MEETING

The 6 asset managers below reported 7,020 abstained, 434,390 not voted.

ABSTAIN: 7,020NOT VOTED: 434,390
Largest asset managers voting on “CLOSE MEETING” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted
Symmetry Panoramic Trust00 3,9620Abstain
Advisors' Inner Circle Fund III00 3,0580Abstain
Northern Lights Fund Trust IV00 00--

21. Open meeting

— of fund votes cast · no official result

NOT VOTED
Details: description as filed, votes by 6 asset managers

Description as filed by funds: OPEN MEETING

The 6 asset managers below reported 7,020 abstained, 434,390 not voted.

ABSTAIN: 7,020NOT VOTED: 434,390
Largest asset managers voting on “OPEN MEETING” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00Not Voted
Brighthouse00 00Not Voted
Empower00 00Not Voted
Symmetry Panoramic Trust00 3,9620Abstain
Advisors' Inner Circle Fund III00 3,0580Abstain
Northern Lights Fund Trust IV00 00--

22. Approve remuneration of directors in the amount of EUR 175,000 for chair, EUR 95,000 for deputy chair and EUR 75,000…

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: APPROVE REMUNERATION OF DIRECTORS IN THE AMOUNT OF EUR 175,000 FOR CHAIR, EUR 95,000 FOR DEPUTY CHAIR AND EUR 75,000 FOR OTHER DIRECTORS; APPROVE REMUNERATION FOR COMMITTEE WORK; APPROVE MEETING FEES

The 61 asset managers below reported 47,193,471 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: 47,193,471
Largest asset managers voting on “APPROVE REMUNERATION OF DIRECTORS IN THE AMOUNT OF EUR 175,000 FOR CHAIR, EUR 95,000 FOR DEPUTY CHAIR AND EUR ” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

23. Directors' Fees

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Directors' Fees” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

24. Approve remuneration report (advisory vote)

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

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 70 asset managers

Description as filed by funds: APPROVE REMUNERATION REPORT (ADVISORY VOTE)

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: 61 asset managers voting on “APPROVE REMUNERATION REPORT (ADVISORY VOTE)” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Fund voting reports, all 61 managers: 47,193,471 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 11 asset managers voting on “APPROVE REMUNERATION REPORT (ADVISORY VOTE)” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock19,195,3156,425 00For
APG Asset Management US Inc.1,076,0740 00For
JPMorgan797,3050 00For
Korea Investment CORP404,8970 00For
BEACONLIGHT CAPITAL, LLC268,4130 00For
Siemens Fonds Invest GmbH41,6780 00For
WESTWOOD HOLDINGS GROUP INC26,7230 00For
1832 Asset Management L.P.25,0050 00For
Northern Trust13,9270 00For
Plato Investment Management Ltd9,2040 00For
NATIONAL BANK INVESTMENTS INC.3,4080 00For

Institutional-manager reports, all 11 managers: 21,861,949 for, 6,425 against.

25. Remuneration Report

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Remuneration Report” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

26. Approve remuneration of auditors; approve remuneration of auditor for sustainability reporting

No official resultsAUDIT-RELATED

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: APPROVE REMUNERATION OF AUDITORS; APPROVE REMUNERATION OF AUDITOR FOR SUSTAINABILITY REPORTING

The 61 asset managers below reported 47,160,956 for, 32,515 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: 47,160,956AGAINST: 32,515
Largest asset managers voting on “APPROVE REMUNERATION OF AUDITORS; APPROVE REMUNERATION OF AUDITOR FOR SUSTAINABILITY REPORTING” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

27. Ratify KPMG as auditors for the term of office 2027; appoint KPMG as auditor for sustainability reporting for the term…

No official resultsAUDIT-RELATED

99.9% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: RATIFY KPMG AS AUDITORS FOR THE TERM OF OFFICE 2027; APPOINT KPMG AS AUDITOR FOR SUSTAINABILITY REPORTING FOR THE TERM OF OFFICE 2027

The 61 asset managers below reported 47,160,956 for, 32,515 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: 47,160,956AGAINST: 32,515
Largest asset managers voting on “RATIFY KPMG AS AUDITORS FOR THE TERM OF OFFICE 2027; APPOINT KPMG AS AUDITOR FOR SUSTAINABILITY REPORTING FOR ” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock13,077,6050 00For
Vanguard13,025,2110 00For
Fidelity7,586,6910 00For
T. Rowe Price3,804,9950 00For
BNY Mellon1,206,7340 00For
AQR905,4080 00For
Six Circles Trust740,5320 00For
EXCHANGE TRADED CONCEPTS TRUST719,9690 00For
TIAA694,6770 00For
State Street615,8050 00For
First Trust539,7630 00For
Thrivent538,0310 00For
JPMorgan389,3410 00For
WisdomTree383,2210 00For
Dimensional330,3070 00For
Victory Capital240,1860 00For
American Century237,9150 00For
Northern Trust205,3970 00For
ARIEL INVESTMENT TRUST191,3580 00For
AIG/SunAmerica174,2080 00For
Investment Managers Series Trust160,0000 00For
DWS155,2110 00For
Franklin Templeton151,8980 00For
John Hancock140,2640 00For
Northern Lights Fund Trust IV122,7320 00For

Showing the 25 largest of 61 asset managers. All 61 are in the interactive database (link above).

28. Appointment of Auditor; Appointment of Auditor for Sustainability Reporting

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Appointment of Auditor; Appointment of Auditor for Sustainability Reporting” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

29. Authority to Set Auditor's Fees

No official resultsAUDIT-RELATED

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 9,921,888 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: 9,921,888
Largest asset managers voting on “Authority to Set Auditor's Fees” at Fortum Oyj, 2025-2026
Asset managerForAgainst AbstainWithheldVote
VanEck ETF Trust7,308,1570 00For
Charles Schwab1,523,0020 00For
Principal605,7340 00For
Brinker Capital Destinations Trust376,5170 00For
SEI39,7170 00For
Neuberger Berman22,4910 00For
Venerable Variable Insurance Trust20,4250 00For
Prudential/PGIM13,6130 00For
Perpetual Americas Funds Trust9,6410 00For
Global X1,0600 00For
Adviser Managed Trust8150 00For
Federated Hermes7160 00For

Largest Fortum Oyj shareholders voting in 2025-2026

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)”, 2025-2026
#Asset manager Shares voted
1BlackRock 13,077,605
2Vanguard 13,025,211
3Fidelity 7,586,691
4T. Rowe Price 3,804,995
5BNY Mellon 1,206,734
6AQR 905,408
7Six Circles Trust 740,532
8EXCHANGE TRADED CONCEPTS TRUST 719,969
9TIAA 694,677
10State Street 615,805
Institutional-manager reports: top Fortum Oyj shareholders by shares voted on “APPROVE REMUNERATION REPORT (ADVISORY VOTE)”, 2025-2026
#Asset manager Shares voted
1BlackRock 19,201,740
2APG Asset Management US Inc. 1,076,074
3JPMorgan 797,305
4Korea Investment CORP 404,897
5BEACONLIGHT CAPITAL, LLC 268,413
6Siemens Fonds Invest GmbH 41,678
7WESTWOOD HOLDINGS GROUP INC 26,723
81832 Asset Management L.P. 25,005
9Northern Trust 13,927
10Plato Investment Management Ltd 9,204

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Fortum Oyj for the 2025-2026 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 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Fortum Oyj 2026 Annual Meeting: Shareholder Vote Results & Fund Votes”, https://proxyvotesnow.com/company/fortum-oyj/2026 (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.