Change in the YIT Management Team

YIT Corporation                  Stock exchange release        April 1, 2020 at 2:10 p.m.

Change in the YIT Management Team

Following the closing of the sale of YIT’s Nordic paving and mineral aggregates businesses, Heikki Vuorenmaa, Executive Vice President, Paving segment, will move to the buyer of the business and thereby leave YIT.

Kari Kauniskangas, President and CEO: ”I want to thank Heikki Vuorenmaa for his strong contribution in building the new YIT, increasing the profitability and developing the ways of working of the Nordic paving and mineral aggregates businesses, as well as his commitment during this long transformation and carve out process.”

The change will take place today, April 1, 2020.

For further information, please contact:

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, key media, www.yitgroup.com

YIT is the largest Finnish and a significant North European construction company and urban developer. 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 work in 10 countries: Finland, Russia, Sweden, Norway, the Baltic countries, 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