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

YIT successfully issues EUR 100 million secured green notes

YIT Corporation Stock Exchange Release 11 June 2024 at 5:30 p.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.

YIT successfully issues EUR 100 million secured green notes

YIT Corporation (“YIT”) issues new EUR 100 million green floating rate senior
secured notes (the “New Notes”). The maturity of the New Notes is three years
and they mature on 18 June 2027.The New Notes carry a margin of 7.50 per cent
per annum over 3 months Euribor. The issue price of the New Notes is 100
percent. The investor demand for the New Notes significantly exceeded the size
of the offering, underlining the trust for YIT among investors. The New Notes
were allocated to a balanced mix of domestic and international investors.

“This was an important transaction in proactively managing our upcoming debt
redemptions and extending the average debt maturity profile. I am pleased about
the issuance of the notes under our new Green Finance Framework, further
mobilising debt capital to support YIT in efforts to reach our climate and
sustainability targets,” says Tuomas Mäkipeska, CFO at YIT.

YIT will apply for a listing of the New Notes on Nasdaq Helsinki Ltd.

The New Notes will be secured by transaction security granted by YIT and certain
group companies which currently also secures the existing EUR 300 million
revolving credit facility and the existing EUR 140 million term loan facility of
YIT, including, among other things, the shares in the main operating
subsidiaries YIT Housing Oy, YIT Business Premises Oy and YIT Infra Oy. The net
proceeds of the issue of the New Notes will be used for financing or refinancing
eligible green projects or assets or otherwise in accordance with YIT's Green
Finance Framework dated 30 April 2024.

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 (https://www.yitgroup.com/en)

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 (https://www.yitgroup.com/en) and follow us
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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.