Lemminkäinen - Decisions of general meeting

Resolutions of Lemminkäinen Corporation's Annual General Meeting

LEMMINKÄINEN CORPORATION  STOCK EXCHANGE RELEASE  28 MARCH 2017 AT  5:20 P.M.

RESOLUTIONS OF LEMMINKÄINEN CORPORATION'S ANNUAL GENERAL MEETING

On 28 March 2017, Lemminkäinen Corporation's Annual General Meeting adopted the
company's annual accounts and consolidated financial statements for 2016 and
granted the members of the Board of Directors and the President and CEO
discharge from liability.

Payment of dividend

The General Meeting resolved, in accordance with the Board of Directors'
proposal, to pay a dividend of EUR 0.66 per share, i.e. EUR 15,325,134.00 in
total.

The dividend will be paid to shareholders who are registered on the record date
for payment of dividend, i.e. on 30 March 2017, in the shareholders' register of
the company held by Euroclear Finland Ltd. The dividend will be paid on 6 April
2017.

Board membership and remuneration

The General Meeting confirmed the number of members of the Board of Directors as
eight. Berndt Brunow, Noora Forstén, Finn Johnsson, Juhani Mäkinen, Kristina
Pentti-von Walzel, Heikki Räty and Heppu Pentti were re-elected as members of
the Board and Harri-Pekka Kaukonen as new member of the Board.

The General Meeting confirmed that a fixed annual fee of EUR 120,000 be paid to
the Chairman of the Board, EUR 54,000 to the Vice Chairman of the Board and the
Chairman of the Audit Committee and EUR 42,000 to the members of the Board of
Directors. In addition, the Board members shall be paid an attendance fee of EUR
500 per Board meeting and the Audit Committee members shall be paid an
attendance fee of EUR 500 per Audit Committee meeting.

Members residing abroad are to be paid the attendance fee increased by EUR
1,000. Travel expenses will be reimbursed as invoiced.

Election of the auditor and audit fee

Authorised Public Accountants PricewaterhouseCoopers Oy was re-elected to serve
as the company's auditor. The audit fee will be paid as invoiced and approved by
the company.

Authorisation to repurchase the company's own shares

The General Meeting resolved, in accordance with the Board of Directors'
proposal, to authorise the Board of Directors to resolve on the repurchase of
the company’s own shares, in one or several instalments, using the unrestricted
shareholders’ equity of the company. The authorisation covers a maximum of
2,321,990 own shares, which corresponds to 10 per cent of all the current shares
of the company, however taking into account the provisions of the Finnish
Limited Liability Companies Act on the maximum amount of own shares in the
possession of the company or its subsidiaries.

The Board of Directors may resolve to repurchase shares in another proportion
than that of existing shareholdings of the shareholders. The shares shall be
purchased in public trading at the prevailing market price. The purchases shall
be carried out on Nasdaq Helsinki Ltd in accordance with its rules and
regulations.

The authorisation also includes the right of the Board of Directors to resolve
on all other terms and conditions of the repurchase of the shares. The
authorisation remains effective for a period of 18 months from the resolution of
the General Meeting. The previous authorisation granted to the Board of
Directors regarding repurchase of own shares expired simultaneously.

Authorisation of the Board of Directors to resolve on a share issue and an issue
of special rights

The General Meeting resolved, in accordance with the Board of Directors'
proposal, to authorise the Board of Directors to resolve on a share issue and/or
an issue of special rights entitling to shares referred to in Chapter 10,
Section 1 of the Finnish Limited Liability Companies Act in one or several
instalments, either against payment or without payment. The number of shares to
be issued, including the shares to be received based on special rights, shall
not exceed 4,643,980 shares. The maximum number corresponds to 20 per cent of
all the current shares of the company. The Board of Directors may resolve to
issue either new shares or own shares possibly held by the company.

The authorisation entitles the Board of Directors to resolve on all terms and
conditions of the share issue and the issue of special rights entitling to
shares, including the right to derogate from the pre-emptive right of the
shareholders. The authorisation may be used for the financing or execution of
any acquisitions or other business arrangements, to strengthen the balance sheet
and financial position of the company or for other purposes as determined by the
Board of Directors. The authorisation remains effective for a period of 18
months from the resolution of General Meeting. The previous authorisation
regarding a share issue and an issue of special rights expired simultaneously.

Minutes of the meeting

The minutes of the General Meeting of shareholders will be available on
Lemminkäinen's website as from 11 April 2017 at the latest.

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
General Counsel
Johan Nybergh
Tel. +358 2071 54811
johan.nybergh@lemminkainen.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.lemminkainen.com

Lemminkäinen is an expert in complex infrastructure construction and building
construction in Northern Europe and one of the largest paving companies in its
market. Together with our customers and 4,700 professionals we employ, we build
a sustainable society. In 2016, our net sales were EUR 1.7 billion. Lemminkäinen
Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com