Caverion Oyj - Changes board/management/auditors

Changes in Caverion’s Group Management Board and organisation structure

Caverion Corporation Stock exchange release January 9, 2017 at 9.30 a.m. EET
Changes in Caverion’s Group Management Board and organisation structure

The following changes in Caverion’s organisation structure and Group Management
Board will take place.

BUSINESS UNITS

The development of Caverion’s operations requires strengthening the role of the
Group level functions Services and Projects. We are increasing the areas of
responsibility of these functions and call them business units going forward.

Thomas Hietto (born 1967, M.Sc.,Tech.) has been appointed as the head of
business unit Services. He has previously worked at KONE Corporation in various
positions for about 20 years, half of which in managerial positions in Asia. He
has also acted as the Managing Director of KONE Finland and Baltics and been
responsible for the global maintenance business at KONE. Currently he is
studying at Stanford University in the United States.

Jarno Hacklin (born 1978, B. Eng.) has been appointed as the head of business
unit Projects. He has acted in this position on an interim basis since June 2016
while also acting as Executive Vice President & CEO, Division Finland.

Ville Tamminen (born 1974, LL.M, trained on the bench) has been appointed as the
head of Division Finland. Ville Tamminen has acted as Vice President, Sales and
Business Development in Caverion Finland since 2011 responsible for business
development, sales, marketing and communications. Before that he has acted in
various positions in sales and governance in Caverion Finland since 2007.

Thomas Hietto, Jarno Hacklin and Ville Tamminen report to Ari Lehtoranta,
President and CEO of Caverion Group and are also members of the Group Management
Board.

GROUP FUNCTIONS

A new Group function Legal & Governance will be established in the company. The
other Group functions are Finance, HR & People and Strategy & IT &
Communications.

Anne Viitala (born 1959, LL.M, trained on the bench, eMBA) has been appointed as
the head of new Group function Legal & Governance. She has a strong background
in international service business. Ms. Viitala has previously worked at Pöyry
PLC for more than 20 years, most recently as Executive Vice President, Legal and
Communications & Group General Counsel.

Sakari Toikkanen continues as the head of Group function Strategy & IT &
Communications, Merja Eskola as the head of Group function HR & People and
Martti Ala-Härkönen as the head of Group function Finance. The heads of the
Group level functions report to Ari Lehtoranta, President and CEO of Caverion
Group and are also members of the Group Management Board.

The appointments will take effect as of January 9, 2017, apart from the
appointment of Thomas Hietto. He will start in his position on July 1, 2017. The
business unit Services will be headed by Matti Malmberg until June 30, 2017.

”With these changes we strive to ensure the implementation of common practices
throughout the Group, whether it be in projects, service and maintenance
business or corporate governance. Our divisions have an operative responsibility
in countries but the global business units are responsible for the development
and harmonisation as well as supporting and following the results of
operations,” says Ari Lehtoranta, President and CEO.

The CV’s and photos of the new Group Management Board members Anne Viitala,
Ville Tamminen and Thomas Hietto are available on Caverion’s website at
http://www.caverion.com/investors/corporate-governance/management-board.

Attachment: Caverion Organisation as of January 9, 2017

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, key media, www.caverion.com
For further information:

Milena Hæggström, Head of Investor Relations, tel. +358 40 5581
328, milena.haeggstrom@caverion.com
Ari Lehtoranta, President and CEO; please contact Päivi Alakuijala, VP,
Marketing and Communications, tel. +358 40 8400
251, paivi.alakuijala@caverion.com
Caverion designs, builds, operates and maintains user-friendly and energy
-efficient technical solutions for buildings, industries and infrastructure. Our
services and solutions are used in commercial and residential buildings and on
industrial and public sector properties, as well as in processes, ensuring
business continuity, safety, healthy and pleasant surroundings, optimal
performance and cost management. Our vision is to be a leading European provider
of advanced and sustainable life cycle solutions for buildings and industries.
Our strengths include technological expertise and comprehensive services,
covering all technical disciplines throughout the entire life cycles of
properties and industrial plants. Our revenue in 2015 was approximately EUR 2.4
billion. Caverion has over 17,000 employees in 12 countries in Northern, Central
and Eastern Europe. Caverion’s shares are listed on Nasdaq
Helsinki. www.caverion.com (http://www.caverion.fi/), @CaverionGroup
Join our story: www.caverion.fi/Csaga #Csaga

Priedai:

01093840.pdf

Caverion_organisation_20170109.pdf