YIT Oyj — Major Shareholding Notification 2022

Apr 8, 2022

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

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 8 April 2022 at 1:00 p.m.

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

YIT Corporation has on 8 April 2022 received an announcement under Chapter 9,
Section 5 of the Securities Markets Act, according to which the holding of
Virala Oy Ab has exceeded the threshold of 15 per cent. According to the
announcement, the holding had exceeded the threshold on 8 April 2022.

According to the announcement, the total number of YIT shares owned directly or
through financial instruments by Virala Oy Ab is 15.09%.

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 Virala Oy Ab subject to the notification:

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

Resulting 12.22 2.87 15.09 211,099,853
situation on the
date on
which threshold
was crossed or
reached
Position of 10.14 10.14
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 and voting rights
of shares

ISIN code
(if
possible)
Direct Indirect Direct Indirect

        (SMA 9:5)  (SMA 9:6 and 9:7)        (SMA 9:5)   (SMA 9:6 and 9:7)

FI - 25,800,000 - 12.22
0009800643
SUBTOTAL A 25,800,000 12.22

B: Financial instruments according to SMA 9:6a:

Type of Expiration Exercise/ Physical Number of shares % of shares
financial date Conversion or and voting rights and voting
instrument Period cash rights
settlement
Forward 14 April 14 April Physical 6,056,000 2.87
contract 2022 2022
SUBTOTAL B 6,056,000 2.87

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 of both
and voting through financial instruments
rights
Virala - 2.87 6,056,000
Oy Ab
Atine - - -
Group
Oy
Valeado - - -
AB
Tercero 12.22 - 25,800,000
AB

For 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 7,000 professionals in ten countries:
Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic,
Slovakia and Poland. Our revenue in 2021 was EUR 2.9 billion. YIT Corporation's
share is listed on Nasdaq Helsinki Oy.
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