Changes in the YIT Management Team

YIT Corporation      Stock Exchange Release      1 April 2021 at 9:00 a.m.

Changes in the YIT Management Team

Harri Kailasalo, Executive Vice President, Infrastructure segment, leaves the company. Antti Inkilä, who has acted as YIT Corporation’s interim President and CEO, takes over the position as interim Executive Vice President of the Infrastructure segment and member of the Group Management Team as Markku Moilanen commenced as the President and CEO today, 1 April 2021. Marko Oinas will continue as interim Executive Vice President of the Housing Finland and CEE segment.

“Harri Kailasalo has had a long career in developing infrastructure construction first at Lemminkäinen and thereafter at YIT. I would like to thank Harri for his contribution to the company over the past years”, says President and CEO Markku Moilanen.

Additional information:
Markku Moilanen, President and CEO, YIT Corporation
Media inquiries via Group Communications, tel. +358 44 743 7536, press@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