Caverion Oyj

Board/Management Information • Jun 13, 2019

Change in Caverion's management: Thomas Hietto appointed as Deputy CEO of Caverion Corporation

Caverion Corporation Stock exchange release 13 June 2019 at 5.00 p.m. EEST

Change in Caverion's management: Thomas Hietto appointed as Deputy CEO of Caverion Corporation

ThomasHietto (born 1967, M.Sc.,Tech.), Head of Caverion'sServicesBusinessUnit and member of the Group Management Board, hasbeen appointed asDeputy CEOof Caverion Corporation asof 1 July 2019. He will also continue in his current position responsible for the Services business, SalesDevelopment aswell asMarketing and brand. In hisnew position he will also be responsible for managing the growth strategy of Caverion.

"Caverion has not previously had a Deputy CEO. Over the past years we have focused on getting the company Fit and ready for the Growth phase. As the Head of the Services business unit Thomas is a natural choice to lead this profitable growth," says Ari Lehtoranta, President and CEOof Caverion Corporation.

"I am excited to start in my new role. Our operating environment and customer needs are developing in a direction where Caverion as a company has a lot to offer. Together with our customers and people we are co-creating new solutions to speed up the profitable growth of our business," says Thomas Hietto.

The CV and photo of Thomas Hietto is available on Caverion's website at https://www.caverion.com/investors/corporate-governance/management-board

CAVERION CORPORATION

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

For further information:

Ari Lehtoranta, President and CEO, please contact Päivi Alakuijala, VP, Marketing and Communications, tel. +358 40 8400 251, paivi.alakuijala@caverion.com

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

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 2018was approximatelyEUR2.2 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.comTwitter: @CaverionGroup