Fortum continues Operation & Maintenance cooperation with Caverion-owned Maintpartner in Uusimaa region, Finland

Caverion Corporation Investor news 14 February at 2.00 p.m. EET Fortum continues Operation & Maintenance cooperation with Caverion-owned Maintpartner in Uusimaa region, Finland Fortum extends its operation and maintenance partnership with Maintpartner concerning Fortum’s power and district heating plants and networks in Uusimaa region, southern Finland, by four years. The service has been operated by Maintpartner since 2016. The value of the contract is not disclosed.

In addition to the Suomenoja and Järvenpää combined heat and power (CHP) plants in Espoo and the Kivenlahti heat plant, the agreement includes district heating and cooling networks, with the length of more than a thousand kilometers in cities of Espoo, Kauniainen, Kirkkonummi, Järvenpää and Tuusula, as well as the district heating stations and pumping stations. “Our heating and cooling business is undergoing a rapid change as we are making it carbon-neutral during this decade in the Espoo Clean Heat project. This effort requires new technologies, skills and ways of working. As the new owner of Maintpartner, Caverion is well positioned to develop its operations and maintenance business. The new agreement will enable a deeper partnership with Maintpartner and support us during our change journey,” says Timo Piispa, Head of Heating and Cooling in Finland at Fortum. “We are very excited to continue our established partnership with Fortum in Uusimaa region and to be part of Espoo's transformation into a carbon-neutral district heating city during the 2020’s. It is great to start the mutual journey of Maintpartner and Caverion with such a significant sign of customer confidence. I strongly believe that our new entity will become much more than the sum of its parts - both for our customers and our employees,” says Elina Engman, Head of Industrial Solutions at Caverion. Fortum is a leading clean energy company that develops and provides solutions for customers in the areas of electricity, heat, cooling and resource efficiency. For Caverion, Fortum belongs to one of the most important customer segments, industrial customers. Read more about our services Kuvat: Fortum Further information: Elina Engman, Head of Industrial solutions division, Caverion, [email protected], tel. +358 50 351 4673 Lotta Kinnunen, Communications Manager, Maintpartner (part of Caverion), [email protected], tel. +358 50 408 0583

Caverion provides smart technical solutions and services for buildings, industrial processes and infrastructure. Our unique service offering covers the entire life cycle: design, build and maintenance. Our vision is to be the first choice in digitalising environments for customers, employees, partners and investors. Our revenue in 2018 was approximately EUR 2.2 billion. Caverion has about 15,000 employees in 10 countries in Northern, Central and Eastern Europe. Caverion’s shares are listed on Nasdaq Helsinki. www.caverion.com Twitter: @CaverionGroup