YIT Oyj — Board/Management Information 2020

Dec 14, 2020

Disclosure 389620

YIT - Changes board/management/auditors

Change in the YIT Management Team

YIT Corporation Stock Exchange Release 14 December 2020 at 5:00 p.m. Change in the YIT Management Team Esa Neuvonen, Executive Vice President, Partnership properties segment has announced to resign from the company to work for another employer. YIT Corporation’s Board of Directors has nominated Timo Lehmus, SVP, Development of Partnership properties segment, to act as interim Executive Vice President of the segment and member of the Group Management Team. The appointment of Timo Lehmus is effective as of 15 December 2020. “Esa Neuvonen has played a significant role in e.g. in implementing the merger of YIT and Lemminkäinen and in launching the Partnership properties segment's business. I would like to thank Esa for his contribution to the company over the past years”, says interim President and CEO Antti Inkilä. For further information, please contact: Antti Inkilä, Interim President and CEO, YIT Corporation Media inquiries via YIT’ Group communications, tel. +358 44 743 7536, press@yit.fi YIT CORPORATION Tommi Järvenpää Vice President, Investor Relations Distribution: NASDAQ Helsinki, major media, www.yitgroup.com YIT is the largest Finnish and significant North European construction company. 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 operate in 10 countries: Finland, Russia, Sweden, Norway, the Baltic countries, the 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