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Caverion Oyj

Board/Management Information Dec 7, 2018

3260_iss_2018-12-07_4b3782b0-c4dd-4f0f-87fa-04f385c61147.pdf

Board/Management Information

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Change in Caverion's Group Management Board: Carsten Sørensen appointed as Head of Division Denmark

Caverion Corporation Stock exchange release 7 December 2018 at 9.30 a.m. EET

Change in Caverion's Group Management Board: Carsten Sørensen appointed as Head of Division Denmark

Carsten Sørensen (born 1972) will be appointed as the Head of Caverion Division Denmark asof 1 January 2019. Carsten knowsCaverion very well, ashe used to work in Caverion Division Denmark-Norway as a Vice President, Industrial Solutionsduring 2015−2017. He re-joins Caverion from the position of Group CEOat Qubiqa A/S. Carsten will report to Ari Lehtoranta, President and CEOof Caverion Group and will also be a member of the Group Management Board.

"With this change we are taking the next steps in the implementation of our strategy in Denmark. The current Head of Division Michael Højgaard has done good work in starting the turnaround of our Danish operations and setting the new direction, and the execution will now be led by Carsten. I would like to thank Michael for his efforts at Caverion. At the same time I welcome Carsten back to Caverion and wish him success in his new role," says Ari Lehtoranta.

The CV and photo of Carsten Sørensen are available on Caverion's website at http://www.caverion.com/investors/corporate-governance/management-board.

Attachment: Caverion Organisation as of 1 January 2019

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, key media, www.caverion.com

For further information, please contact:

Ari Lehtoranta, President and CEO; please contact Päivi Alakuijala, VP, Marketing and Communications, tel. +358 40 8400 251, [email protected]

Milena Hæggström, Head of Investor Relations, tel. +358 40 5581 328, [email protected]

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 2017was approximatelyEUR2.3 billion. Caverion has about 16,000 employees in 12 countries in Northern, Central and Eastern Europe. Caverion's shares are listed on Nasdaq Helsinki. www.caverion.comTwitter: @CaverionGroup

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