YIT Oyj — Major Shareholding Notification 2022

May 4, 2022

CORRECTION to notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares

CORRECTION to notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares

YIT Corporation Stock exchange release 4 May 2022 at 11:00 a.m.

CORRECTION to notification according to Chapter 9, Section 10 of the Securities
Markets Act of change in holdings in YIT Corporation shares

YIT Corporation corrects the stock exchange release regarding notification of
major holdings published on 3 May 2022 at 2:30 p.m. Due to a technical error,
the total number of YIT shares owned directly or through financial instruments
by Nordea Bank Abp was misreported to have increased above 5 per cent. The
correct share was below 5 per cent, and the notification was not necessary.

On 3 May 2022, YIT received another announcement from Nordea Bank Abp under
Chapter 9, Section 5 of the Securities Markets Act, which is reported below.
According to the announcement, the total number of YIT shares owned directly or
through financial instruments by Nordea Bank Abp is below 5%.

YIT has one share series, each share entitling to one vote. The total number of
YIT’s shares is 211,099,853 shares.

Total positions of Nordea Bank Abp subject to the notification:

              % shares  % of shares and  Total  Total number of shares
                   and    voting rights     of    and voting rights of
                voting          through   both                  issuer
               rights         financial   in %
                (total     instruments   (A+B)
                 of A)     (total of B)

Resulting Below - Below 211,099,853
situation on the 5% 5%
date on
which threshold
was crossed or
reached
Position of - - -
previous
notification (if
applicable)

Notified details of the resulting situation on the date on which the threshold
was crossed:

A: Shares and voting rights:

Class/type Number % of shares and voting rights
of shares of
ISIN code shares
(if and
possible)  voting
rights
Direct Indirect Direct Indirect
(SMA (SMA 9:6 and (SMA 9:5)  (SMA 9:6 and 9:7)
9:5)  9:7)
FI Below 5% Below 5%
0009800643
SUBTOTAL A Below 5%

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 % of shares and voting rights Total
and voting through financial instruments of
rights both
Nordea Bank Abp Under 5% - Under
5%
Nordea Life Holding AB Under 5% - Under
5%
Nordea Life Assurance Under 5% - Under
Finland Ltd 5%
Nordea Livförsäkring Under 5% - Under
Sverige AB (publ) 5%
Livsforsikringsselskapet - - -
Nordea Liv Norge AS

Further information:

Tommi Järvenpää, Vice President, Investor Relations, YIT Corporation, tel. +358
40 576 0288, tommi.jarvenpaa@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 development and
construction company. For 110 years, we have been creating better living
environments for our customers: functional homes for sustainable living, future
-proof public and commercial buildings and infrastructure for smoother flow of
people, businesses and society. We employ 5,500 professionals in nine countries:
Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic,
Slovakia and Poland. Our revenue in 2021 was EUR 2.7 billion. YIT Corporation's
share is listed on Nasdaq Helsinki Oy. www.yitgroup.com