YIT Oyj — Board/Management Information 2020

Sep 15, 2020

Composition of YIT Corporation’s Shareholders Nomination Board

Composition of YIT Corporation’s Shareholders Nomination Board

YIT Corporation                  Stock exchange release
September 15, 2020, at 12:30 p.m.

Composition of YIT Corporation’s Shareholders Nomination Board

YIT Corporation’s three largest shareholders according to Euroclear’s
shareholder register on August 31, 2020 and according to the principles of the
standing order have had the right to nominate representatives to the Nomination
Board. According to the mentioned standing order, a shareholder group can agree
on appointing a joint representative to the Nomination Board. The following two
shareholder groups have agreed on appointing a joint representative: PNT Group
Oy, Noora Forstén, Fideles Oy, Kristina Pentti-von Walzel, Eva Pentti-Kortman
and Kristian Pentti; and as the second one, Tercero Invest AB, Föreningen
Konstsamfundet r.f. and Alexander Ehrnrooth.

YIT’s three largest shareholders, that are entitled to nominate a representative
to YIT Corporation’s shareholder’s nomination board, are the above-mentioned
shareholder groups and Varma Mutual Pension Insurance Company. The following
persons have been nominated as their representatives in YIT’s Nomination Board:

• Juhani Mäkinen, Counsellor of Law, shareholder group  (14.90% of shares and
  votes) PNT Group Oy, Noora Forstén, Fideles Oy, Kristina Pentti-von Walzel, Eva
  Pentti-Kortman and Kristian Pentti
• Alexander Ehrnrooth, CEO, shareholder group  (13.10% of shares and votes)
  Tercero Invest AB, Föreningen Konstsamfundet r.f. and Alexander Ehrnrooth
• Risto Murto, President and CEO, Varma Mutual Pension Insurance Company (7.55%
  of shares and votes)

Counsellor of Law Juhani Mäkinen was elected the Chairman of the Nomination
Board. Harri-Pekka Kaukonen, the Chairman of YIT Corporation’s Board of
Directors, participates in the Nomination Board’s work as an expert member.

The Nomination Board prepares the proposals concerning Board members and Board
compensation for the following Annual General Meeting.

For further information, please contact:

Juha Jauhiainen, Corporate General Counsel, YIT Corporation, +358 40 725 9643,
juha.jauhiainen@yit.fi

YIT Corporation

Tommi Järvenpää
Vice President, Investor Relations

Distribution: NASDAQ Helsinki, key media,
www.yitgroup.com (https://www.yitgroup.com/en)

YIT is the largest Finnish and a significant North European construction company
and urban developer. We develop and build apartments and living services,
business premises and entire areas. We are also specialised in demanding
infrastructure construction. Together with our customers, our nearly 8,000
professionals are creating more functional, attractive and sustainable cities
and environments. We work in 10 countries: Finland, Russia, Sweden, Norway, the
Baltic countries, Czech Republic, Slovakia and Poland. Our revenue in 2019 was
approximately EUR 3.4 billion. YIT Corporation's share is listed on Nasdaq
Helsinki Oy. www.yitgroup.com (https://www.yitgroup.com/en)