YIT - Prospectus/Announcement of Prospectus

Listing prospectus for YIT's EUR 100 million secured green notes is available and the amendments to the terms of EUR 100 million green notes 2026 have become effective

YIT Corporation Stock Exchange Release 18 June 2024 at 11:30 a.m.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN
SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW NOTES OR THE RELEASE,
PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Listing prospectus for YIT's EUR 100 million secured green notes is available
and the amendments to the terms of EUR 100 million green notes 2026 have become
effective

YIT Corporation (“YIT”) announced on 11 June 2024 its decision to issue EUR 100
million green floating rate senior secured notes (the “New Notes”). The New
Notes mature on 18 June 2027 and they carry a margin of 7,50 per cent per annum
over 3 months Euribor. The issue price of the New Notes is 100 per cent.

The Finnish Financial Supervisory Authority has today approved the listing
prospectus of the New Notes. The prospectus is available later today in English
on YIT's website at https://www.yitgroup.com/en/investors/financial-information.

YIT has today submitted an application for the New Notes to be admitted to
trading on the list of sustainable bonds of Nasdaq Helsinki Ltd. Trading on the
New Notes is expected to commence on or about 20 June 2024, under the trading
code YITJVAIH27.

Furthermore, YIT announces that the effective date under the notice of written
procedure dated 3 June 2024 concerning the written procedure for YIT's EUR
100,000,000 senior green fixed rate notes due 2026 (ISIN: FI4000496302) (“2026
Notes”) has occurred, and the requested amendments to the terms and conditions
of the 2026 Notes that were approved in the written procedure have become
effective today, 18 June 2024. In accordance with the notice of written
procedure, YIT shall pay each holder of the 2026 Notes registered on 26 June
2024 as direct registered owner or nominee on the list of holders of the 2026
Notes maintained by Euroclear Finland Oy a consent fee (the “Consent Fee”) in an
amount equal to 0.30 per cent of the nominal amount of each 2026 Note and, in
addition to the Consent Fee, an early bird consent fee (“Early Bird Consent
Fee”) to each relevant holder of the 2026 Notes in an amount equal to 0.20 per
cent of the nominal amount of all 2026 Notes voted by such noteholder for which
a valid voting instruction was submitted to Intertrust (Finland) Oy acting as
the agent for the holders' of the 2026 Notes prior to 15:00 (Finnish time) on 10
June 2024. The payment of the Consent Fee and the Early Bird Consent Fee shall
be made on 27 June 2024 at the latest.

Danske Bank A/S, Nordea Bank Abp and OP Corporate Bank plc act as Global
Coordinators and Joint Bookrunners and Skandinaviska Enskilda Banken AB (publ)
and Swedbank AB (publ) act as Joint Bookrunners for the issue of the New Notes.


Further information, please contact:

Markus Pietikäinen, SVP, Treasury and M&A, YIT Corporation, tel. +358 40 525
3024, markus.pietikainen@yit.fi

YIT CORPORATION

Tuomas Mäkipeska
CFO

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com

YIT is a leading construction and development company. Building on over 110
years of experience, we develop and build sustainable living environments:
functional homes, future-proof public and commercial buildings, and
infrastructure to support the green transition. We employ approximately 4,300
professionals in eight countries. Our revenue in 2023 was EUR 2.2 billion. YIT
Corporation's shares are listed on Nasdaq Helsinki.

Read more: www.yitgroup.com and follow us on
Linkedin (https://www.linkedin.com/company/yit/) I X (https://twitter.com/YITGrou
p) I Instagram (https://www.instagram.com/yitsuomi/) I Facebook (https://www.face
book.com/yitsuomi/)

Important Information

The information contained herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into the United
States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South
Africa or such other countries or otherwise in such circumstances in which the
release, publication or distribution would be unlawful. The information
contained herein does not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of, the New Notes in any jurisdiction
in which such offer, solicitation or sale would be unlawful prior to
registration, exemption from registration or qualification under the securities
laws of any such jurisdiction. No actions have been taken to register or qualify
the New Notes, or otherwise to permit a public offering of the New Notes, in any
jurisdiction.

This communication does not constitute an offer of New Notes for sale in the
United States. The New Notes have not been and will not be registered under the
U.S. Securities Act of 1933, as amended (the "Securities Act") or under the
applicable securities laws of any state of the United States, and the New Notes
may not be offered, sold, pledged or otherwise transferred, directly or
indirectly, within the United States or to, or for the account or benefit of,
any U.S. person (as such terms are defined in Regulation S under the Securities
Act) except pursuant to an applicable exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act.

This communication does not constitute an offer of New Notes to the public in
the United Kingdom. No prospectus has been or will be approved in the United
Kingdom in respect of the New Notes. Consequently, this communication is
addressed to and directed only at persons in the United Kingdom in circumstances
where provisions of section 21(1) of the Financial Services and Markets Act 2000
as amended, do not apply and are solely directed at persons in the United
Kingdom who (i) have professional experience in matters relating to investments
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the “Order”), (ii) are persons falling within
Article 49(2)(a) to (d) of the Order, or (iii) are other persons to whom it may
be otherwise lawfully communicated (all such persons together being referred to
as “relevant persons”). This release is directed only at relevant persons and
any person who is not a relevant person must not act or rely on this release or
any of its contents.