Investor Presentaiton

Limited contribution from incentives and adjustments to allowed return Incentives in calculation of realized regulatory profit in regulatory model 2016-2023 Investment incentive Quality incentive Efficiency improvement incentive Innovation incentive Promotes reasonable and cost-efficient investments by allowing straight-line depreciations based on the replacement value of the transmission network assets. Components are included in depreciation in replacement value as long as they are utilized Cost for the society from non-delivered electricity caused by disturbances and fast reclosing operation, max +/- 3% of allowed return, benchmarked against 8-year historical average Target: 0%, max +/- 5% of allowed return, benchmarked against 4-year historical average Maximum 1,0 % of turnover is reimbursed in allowed return Adjustments in calculation of realized regulatory profit in regulatory model 2016-2023 Congestion income Inflation adjustment to regulatory depreciation Treated separately from the regulatory allowed return but investments financed with congestion income affect realized regulatory profit through regulatory depreciations Indexed annually with CPI to match current replacement value 49 49 Fingrid Debt Investor Presentation 30.9.2018 FINGRID

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