SARI BALDAUF NOMINATED TO YIT CORPORATION?S BOARD OF DIRECTORS
PRESS RELEASE FEB. 10, 2006 at 08.10
SARI BALDAUF NOMINATED TO YIT CORPORATIONS BOARD OF DIRECTORS
YIT Corporation shareholders who control over 25 per cent of voting rights will propose to YITs Annual General Meeting, which will be held on March 13, 2006, that the following persons be elected to the Board of Directors: Sari Baldauf, M.Sc.
(Econ.), Eino Halonen, managing director, Reino Hanhinen, M.Sc.
(Eng.), Antti Herlin, Chairman of Board of Directors, and Teuvo Salminen, Deputy CEO. With the exception of Sari Baldauf, the nominees are currently members of YITs Board of Directors. All the nominees have given their consent.
Sari Baldauf has served as the executive vice president and general manager of Networks, Nokia Corporation, from 1998-2005, and as a member of the Nokia Group Executive Board from 19942005. Prior to these positions, she served as executive vice president, Nokia APAC (Asia Pacific), and as president of Nokia Telecommunications, Cellular Systems.
The present member of the Board, Ilkka Brotherus, has announced that he is no longer available, having been elected as chairman of the Board of Finndomo Oy in January.
For additional information, contact:
Reino Hanhinen, Chairman of the Board of Directors, YIT Corporation, tel. +358 20 433 2453
Veikko Myllyperkiö Vice President, Corporate Communications
Distribution: Helsinki Stock Exchange, principal media, www.yit.fi
YIT creates better living environment by developing and constructing housing, business premises, infrastructure and entire areas. Our vision is to bring more life in sustainable cities. We want to focus on caring for customer, visionary urban development, passionate execution and inspiring leadership. Our growth engine is urban development involving partners. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. In 2016, our revenue amounted to nearly EUR 1.8 billion, and we employ about 5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com