Caverion Oyj - Changes board/management/auditors

Change in Caverion's Group Management Board: Juha Mennander appointed as Head of Market Operations

Caverion Corporation Stock exchange release December 1, 2017 at 9:00 EET
Change in Caverion's Group Management Board: Juha Mennander appointed as Head of
Market Operations

Juha Mennander, born 1965, M.Sc. (Tech.), has been appointed as Head of Market
Operations and a member of the Group Management Board of Caverion Corporation as
of January 1, 2018. He will report to Ari Lehtoranta, President and CEO of
Caverion.

Caverion is renewing its structure of Group functions in the beginning of next
year to better support the implementation of the new strategy launched in
November. Juha Mennander is joining the Management Board and has been appointed
as Head of Market Operations as of 1 January 2018. At the same time Sakari
Toikkanen's responsibilities with Group functions will end, and he will focus on
managing the Industrial Solutions division on a full-time basis.

One of the must-wins in Caverion's strategy is Excellent customer experience,
which Juha Mennander will be managing. He will take over the management of the
Marketing and Communications, Sales Development and Procurement. In this
connection, CFO Martti Ala-Härkönen will assume the responsibility for
Information Technology. Additionally, Mennander will later assume the
responsibility for implementing selected group-wide organisational change
projects.

Juha Mennander is currently the Managing Director of KONE France. He has a long
international career with KONE where he has managed companies in Scandinavia,
Canada and Poland, among other things.

“We have selected Excellent customer experience as one of the must-wins in our
strategy, and Juha will be assuming responsibility for this area. Juha's task
will also contain many other customer-facing and supplier-facing duties, the
latter of which has special importance for us. His long experience with KONE
creates a great foundation for developing Caverion together with our business
units and divisions. Juha has a strong track record of managing organisational
change,” says Ari Lehtoranta, President and CEO.

The CV and photo of Juha Mennander are available on Caverion’s website at
https://www.caverion.com/investors/corporate-governance/management-board

CAVERION CORPORATION

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

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 2016 was approximately EUR 2.4
billion. Caverion has about 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/), Twitter: @CaverionGroup

Attachments:

12018971.pdf