2017-03-16 14:05:16 CET

2017-03-16 14:05:16 CET


REGULATED INFORMATION

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YIT - Other information disclosed according to the rules of the Exchange

YIT Corporation’s Board of Directors decided the composition of its committees


YIT Corporation Stock Exchange Release March 16, 2017 at 3:05 p.m.
YIT Corporation's Board of Directors held its organizational meeting on March
16, 2017. In the meeting, the Board decided on the composition of the Personnel
Committee and the Audit Committee.

From among its number, the Board elected Matti Vuoria as chairman and Satu Huber
and Inka Mero as members of the Personnel Committee. The task of the Personnel
Committee is to assist the Board of Directors in issues related to the
nomination and remuneration of key personnel within YIT Group. Among other
things, the Personnel Committee participates in the development of the Group’s
corporate culture and HR policy and the preparation of the remuneration and
incentive schemes, the rules for performance-based bonuses and the proposals for
performance-based bonuses paid to the management. The Committee’s tasks
furthermore include the identification of talent, the development of key
personnel and management’s succession planning.

From among its number, the Board elected Erkki Järvinen as chairman and Juhani
Pitkäkoski and Tiina Tuomela as members of the Audit Committee. The Audit
Committee assists the Board of Directors in the supervision of the Group’s
accounting and reporting processes. It is tasked with, for instance, overseeing
the company’s financial reporting process, the effectiveness of internal
control, internal auditing and risk management systems, and with evaluating the
audit. The Committee participates in the preparation of the Group’s financing
policy, financing plan and financing arrangements. Among other things, the
Committee reviews the company’s financial statements and interim reports, and
monitors auditing. It evaluates compliance with laws and regulations and follows
the Group’s financial position.

For further information, please contact:

Kari Kauniskangas, President and CEO, YIT Corporation, tel. +358 40 570 1313,
kari.kauniskangas@yit.fi

YIT CORPORATION

Hanna Jaakkola

Vice President, Investor Relations

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

YIT creates better living environment by developing and constructing housing,
business premises, infrastructure and entire areas. Our vision is to bring more
life in sustainable cities. We want to focus on caring for customer, visionary
urban development, passionate execution and inspiring leadership. Our growth
engine is urban development involving partners. Our operating area covers
Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland.
In 2016, our revenue amounted to nearly EUR 1.8 billion, and we employ about
5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com