Change in the YIT Management Team

YIT Corporation Stock exchange release 31 October 2022 at 9:00 a.m.

Change in the YIT Management Team

Ilkka Tomperi, Executive Vice President, Property Development and a member of the YIT management team will leave YIT to join another company outside of YIT. He will continue in his position until the end of 2022.

"I would like to extend a warm thank you to Ilkka for his time at YIT. His strong input in building and executing the new strategy and operating model will serve the company also going forward. I wish Ilkka all the best in his new position", says Markku Moilanen, President and CEO, YIT Corporation.

YIT has started the recruitment process for a new head of Property Development segment.

Further information:

Maija Taimi, SVP, Communications, YIT Corporation, tel. [phone], [e-mail]

YIT Corporation

Markku Moilanen
President and CEO

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

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