Caverion Oyj

Legal Proceedings Report • Jan 25, 2024

Arbitral tribunal appointed for the arbitral proceedings concerning the redemption of minority shares in Caverion Corporation

Caverion Corporation Stock Exchange Release 25 January 2024 at 16:45 EET

Arbitral tribunal appointed for the arbitral proceedings concerning the redemption of minority shares in Caverion Corporation

As previously announced, Crayfish BidCo Oy has on 28 November 2023 commenced redemption proceedings in respect of Caverion Corporation's ("Caverion") minority shares by initiating arbitral proceedings in accordance with Chapter 18, Section 3 of the Finnish Limited Liability Companies Act in order to obtain ownership of all the issued and outstanding shares in Caverion.

Caverion has today been informed that the Redemption Board of the Finland Chamber of Commerce has appointed an arbitral tribunal consisting of three members for the arbitral proceedings concerning the redemption of the minority shares in Caverion. The arbitral tribunal consists of Independent Arbitrator Mika Savola (chair), attorney-at-law Heidi Merikalla-Teir and Independent Arbitrator Marko Wainio.

Distribution:

Nasdaq Helsinki, key media, www.caverion.com

ABOUT CAVERION

Caverion is a public limited liability company incorporated under the laws of Finland with its shares listed on the official list of Nasdaq Helsinki. Caverion is a Northern & Central European-based expert for smart and sustainable built environments, enabling performance and people's well-being. Caverion offers expert guidance during the entire life cycle of buildings, infrastructure or industrial sites and processes: from design & build to projects, technical and industrial maintenance, facility management as well as advisory services. At the end of December 2022, there were almost 14,500 professionals serving customers at the service of Caverion Group in 10 countries.

INVESTOR AND MEDIA ENQUIRIES

For further information, please contact:

Caverion Noora Koikkalainen, Head of Marketing, Communications and Investor Relations +358 50 562 6552 noora.koikkalainen@caverion.com

Triton Fredrik Hazén, Communications Professional at Triton +46 709 483 810 hazen.wp@triton-partners.com

Caverion is an expert for smart and sustainable built environments, enabling performance and people's well-being. Customers can trust our expertise during the entire life cycle of their buildings, infrastructure or industrial sites and processes: from installation and maintenance of base and smart technologies, to managed services as well as advisory and engineering services and digital solutions. Our customers are supported by about 15,000 Caverion professionals in 10 countries in Northern and Central Europe. Our revenue in 2022 was over EUR 2.3 billion. Caverion's shares are listed on Nasdaq Helsinki.

www.caverion.com @CaverionGroup

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