Caverion Oyj - Decisions of general meeting

Decisions of Caverion Corporation's Annual General Meeting and constitutive meeting of the Board of Directors

Caverion Corporation Stock Exchange Release 12 June 2024 at 14:45 EET

Decisions of Caverion Corporation's Annual General Meeting and constitutive
meeting of the Board of Directors
Caverion Corporation's Annual General Meeting was held today on 12 June 2024 in
Vantaa. The Annual General Meeting adopted the Financial Statements and the
consolidated Financial Statements for the year 2023 and discharged the members
of the Board of Directors and the CEO from liability. In addition, the Annual
General Meeting resolved on the use of the profit shown on the balance sheet and
the distribution of dividend, the approval of the remuneration report and the
updated remuneration policy of the governing bodies as well as on the
composition and remuneration of the members of the Board of Directors.
Furthermore, the Annual General Meeting resolved on the election of the audit
and its remuneration.

The minutes of the Annual General Meeting will be available on the Company's
website at www.caverion.com/agm by 26 June 2024 at the latest.

Distribution of dividend

The Annual General Meeting approved the Board of Director's proposal that no
dividend be paid for the financial year 2023.

Composition of the Board of Directors
The Annual General Meeting elected two (2) ordinary members and one (1) deputy
member to the Board of Directors. Mikael Aro and Hans Petter Hjellestad were re
-elected as ordinary members of the Board of Directors and Gustaf Behmer as
deputy member of the Board of Directors, each for a term of office beginning at
the end of the Annual General Meeting and expiring at the end of the Annual
General Meeting 2025.

Remuneration to be paid to the Board of Directors
The Annual General Meeting resolved that the remuneration payable to the members
of the Board of Directors remain at the current level and consequently that (i)
a remuneration of EUR 60,000 per year (paid out in equal monthly instalments for
the duration of the term of office) be paid to the member of the Board of
Directors to be elected as the Chairperson of the Board of Directors, and that
(ii) no remuneration be paid to the ordinary member and the deputy member of the
Board of Directors.

Auditor

The Annual General Meeting resolved to re-elect Authorised Public Accountants
Ernst & Young Oy as the auditor of the Company for a term of office expiring at
the end of the Annual General Meeting 2025. Ernst & Young Oy will also carry out
the assurance of the Company's sustainability report for the financial year
2024. For the above, Ernst & Young Oy will be paid according to an invoice
approved by the Company.

Decisions of Caverion Corporation's constitutive meeting of the Board of
Directors

Caverion Corporation's Board of Directors held its constitutive meeting on 12
June 2024, immediately after the Annual General Meeting. In the meeting, the
Board elected from among its members Mikael Aro as its Chairperson.

The members of the Audit Committee of the Board of Directors are Mikael Aro
(Chairperson of the Audit Committee) and Hans Petter Hjellestad (member of the
Audit Committee).

The members of the Human Resources Committee of the Board of Directors are Hans
Petter Hjellestad (Chairperson of the Human Resources Committee) and Mikael Aro
(member of the Human Resources Committee).

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, principal media,www.caverion.com

Contacts:
Elina Kaura, Group General Counsel, tel. +358 40 722 3334,
elina.kaura@caverion.com
Noora Koikkalainen, Head of Investor Relations tel. +358 50 562 6552,
noora.koikkalainen@caverion.com

About Caverion

Caverion is an expert for smart and sustainable built environments, enabling
performance and people's well-being. Customers can trust our expertise during
the entire life cycle of their buildings, infrastructure or industrial sites and
processes: from installation and maintenance of base and smart technologies, to
managed services as well as advisory and engineering services and digital
solutions. Our customers are supported by about 15,000 Caverion professionals in
10 countries in Northern and Central Europe. Our revenue in 2023 was about EUR
2.5 billion.

In April 2024, Caverion and Assemblin combined to create a leading northern
European technical service and installation company, Assemblin Caverion Group.
Together, we are approximately 22,000 skilled professionals in 10 countries,
sharing the passion for smart and sustainable solutions. Our combined revenue
amounts to approximately EUR 3.8 billion.

www.caverion.com
www.assemblincaverion.com

#AssemblinCaverionGroup #Strongertogether
#Caverion #BuildingPerformance #energywise

Attachments:

05301877.pdf