Caverion Oyj

Major Shareholding Notification • Dec 9, 2016

Notification according to Chapter 9, Section 10 of the Finnish Securities Markets Act of change in holdings in Caverion Corporation shares

Caverion Corporation Stock exchange release December 9, 2016 at 2.30 p.m. EET

Notification according to Chapter 9, Section 10 of the Finnish Securities MarketsAct of change in holdings in Caverion Corporation shares

Caverion Corporation hason December 9, 2016 received an announcement under Chapter 9, Section 5 of the Finnish SecuritiesMarketsAct, according to which the holding of Solero Luxco S.à r.l. ("Solero Luxco", a company ultimately owned by Triton Fund IV) in Caverion has exceeded the threshold of 5 per cent. According to the announcement, the holding had exceeded the threshold on December 8, 2016.

According to the announcement, the holding of Solero Luxco in Caverion has on December 8, 2016 increased to 6,530,473 shares, corresponding to 5.20% per cent of Caverion's shares and voting rights. Caverion has one share series, each share entitling to one vote. Caverion's registered total number of shares amounting to 125,596,092 has been used in the calculation of percentages for the announcement.

Total positions of Solero Luxco subject to the notification:

	%shares and voting rights	%of shares and voting rights through financial instruments	%of total
Resulting situation on the date on which threshold was crossed or reached	5.20%	N/A	5.20%
Position of previous notification (if applicable)	N/A	N/A	N/A

Notified detailsof the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights:

Class/type of shares		Number of shares and voting rights		%of shares and voting rights
	Direct	Indirect	Direct	Indirect
	(SMA 9:5)	(SMA 9:6 and 9:7)	(SMA 9:5)	(SMA 9:6 and 9:7)
FI4000062781	6,530,473	N/A	5.20%	N/A
SUBTOTAL A		6,530,473		5.20%

B: Financial instruments according to SMA9:6a:

Type of	Expiration date	Exercise/	Physical or	Number of
financial instrument		Conversion Period	cash settlement	shares and voting rights	%of shares and voting rights
Securities Lent	N/A	N/A	N/A	N/A	N/A
Contract for difference	N/A	N/A	N/A	N/A	N/A
			SUBTOTAL B	N/A	N/A

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name		%of shares and voting rights%of shares and voting rights through financial instrumentsTotal of both
Triton Fund IV	0.00%		0.00%
Solero Holdco S.à r.l.	0.00%		0.00%
Triton Masterluxco 4 S.à r.l.	0.00%		0.00%
Solero Luxco S.à r.l.	5.20%		5.20%

CAVERION CORPORATION

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

For additional information, please contact:

Milena Hæggström, Head of Investor Relations, tel. +358 40 5581 328, milena.haeggstrom@caverion.com

Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings, industries and infrastructure. Our services and solutions are used in commercial and residential buildings and on industrial and public sector properties, as well as in processes, ensuring business continuity, safety, healthy and pleasant surroundings, optimal performance and cost management. Our vision is to be a leading European provider of advanced and sustainable life cycle solutions for buildings and industries. Our strengths include technological expertise and comprehensive services, covering all technical disciplines throughout the entire life cycles of properties and industrial plants. Our revenue in 2015was approximatelyEUR2.4 billion. Caverion has over 17,000 employees in 12 countries in Northern, Central and Eastern Europe. Caverion's shares are listed on Nasdaq Helsinki. www.caverion.com, @CaverionGroup