YIT Oyj — Board/Management Information 2021

Sep 8, 2021

Composition of YIT Corporation’s Shareholders Nomination Board

Composition of YIT Corporation’s Shareholders Nomination Board

YIT Corporation Stock exchange release 8 September 2021 at 6:00 p.m.

Composition of YIT Corporation’s Shareholders Nomination Board

YIT Corporation’s three largest shareholders according to Euroclear’s
shareholder register on 31 August 2021 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
shareholders have agreed on appointing a joint representative: PNT Group Oy,
Noora Forstén, Fideles Oy, Kristina Pentti-von Walzel and Eva Pentti-Kortman.

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 group, Tercero Invest AB and Varma Mutual Pension Insurance Company.
The following persons have been nominated as their representatives to YIT’s
Nomination Board:

· Juhani Mäkinen, Counsellor of Law, the shareholder group PNT Group Oy, Noora
Forstén, Fideles Oy, Kristina Pentti-von Walzel and Eva Pentti-Kortman (13.78%
of shares and votes)
· Alexander Ehrnrooth, CEO, Tercero Invest AB (11.89% shares and votes)
· Risto Murto, President and CEO, Varma Mutual Pension Insurance Company
(7.55% 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 General Meeting.

For further information:
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, major media, www.yitgroup.com

YIT is the largest Finnish and a significant North European urban developer and
construction company. Our goal is to create more sustainable, functional and
attractive cities and living environments. We develop and build apartments,
business premises and entire areas. We also specialise in demanding
infrastructure construction. We own properties together with our partners, which
supports the implementation of our significant development projects. We also
provide our customers with services that increase the value of properties. We
employ approximately 7,400 professionals in ten countries: Finland, Russia,
Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and
Poland. Our revenue in 2020 was approximately EUR 3.1 billion. YIT Corporation's
share is listed on Nasdaq Helsinki Oy. www.yitgroup.com