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

Proposals of the Shareholders' Nomination Board to the Annual General Meeting

YIT Corporation Stock Exchange Release January 21, 2025, at 4.45 p.m.

Proposals of the Shareholders' Nomination Board to the Annual General Meeting

The Shareholders' Nomination Board of YIT Corporation presents the following
proposals to the Annual General Meeting of YIT Corporation, which meets on April
3, 2025:

Number of members of the Board of Directors

The Nomination Board proposes that a Chairperson, a Vice chairperson and four
(4) ordinary members be elected to the Board of Directors.

Fees of the Chairperson, Vice Chairperson and members of the Board of Directors

The Nomination Board proposes that the fees of the members of the Board of
Directors remain the same as previous year.

The Nomination Board proposes that the members of the Board of Directors be paid
the following fixed annual fees for the term of office ending at the conclusion
of the next Annual General Meeting:

  · Chairperson of the Board: EUR 105,000,
  · Vice Chairperson of the Board and Chairpersons of the permanent Committees:
EUR 73,500, unless the same person is Chairperson of the Board or Vice
Chairperson of the Board and
  · Members: EUR 52,500.

In addition, the Shareholders' Nomination Board proposes that the annual
remuneration for the members of the Board of Directors shall be paid in Company
shares so that 40% of the annual fee is paid in YIT Corporation shares to be
purchased on the Board members' behalf from the market at a price determined in
public trading from a regulated market (Nasdaq Helsinki Ltd). The shares will be
purchased within two weeks of the publication of the Interim Report for the
period January 1, 2025 - March 31, 2025, or as soon as possible in accordance
with applicable legislation. The Company will pay any costs related to the
purchase of Company shares.

It is recommended by the Nomination Board that members of the Board of Directors
do not transfer the shares awarded to them as a fixed annual fee until their
term on the Board expires.

The Nomination Board views that long-term oriented and increasing share
ownership by the members of the Board of Directors benefits all shareholders.

It was further decided to propose to the Annual General Meeting that in addition
to the fixed annual fee, the members of the Board and its permanently and
temporarily appointed committees be paid a meeting fee of EUR 800 per meeting,
also for meetings of the Board and its committees held via electronic remote
connections or by telephone.

It is also proposed that the chairperson of the Board and the chairpersons of
the permanent and temporarily appointed committees are be paid a meeting fee of
EUR 1,600 per meeting. Per diems are proposed to be paid for trips in Finland
and abroad in accordance with YIT Corporation's and tax authorities travelling
compensation regulations.

In addition, it is also proposed to the general meeting that the members of the
Shareholders' Nomination Board, including the expert member, be paid as previous
year a meeting fee of EUR 800 per a Board meeting and the Chairperson be paid
EUR 1,600 per a Board meeting

Proposal for Chairperson, Vice Chairperson and members of the Board of Directors

The Nomination Board proposes to the Annual General Meeting that Jyri
Luomakoski will be re-elected as Chairperson, Casimir Lindholm re-elected as
Vice Chairperson and Anders Dahlblom, Sami Laine, Kerttu Tuomas and Leena
Vainiomäki will be re-elected for a term ending at the close of the next Annual
General Meeting following their election.

With regard to the selection procedure for the members of the Board of
Directors, the Nomination Board recommends that shareholders take a position on
the proposal as a whole at the Annual General Meeting. In preparing its
proposals the Nomination Board, in addition to ensuring that individual nominees
for membership of the Board of Directors possess the required competences, has
determined that the proposed Board of Directors as a whole also has the best
possible expertise for the company and that the composition of the Board of
Directors meets other requirements of the law and the Finnish Corporate
Governance Code for listed companies.

All candidates have consented to being elected and are independent of the
company or its major shareholders, except Anders Dahlblom who is dependent of
major shareholder. Essential information regarding the proposed persons will be
published on the YIT website at https://www.yitgroup.com/nominationboard.

Shareholders' Nomination Board

YIT Corporation's Annual General Meeting held on March 15, 2016, decided to set
up a Shareholders' Nomination Board, to prepare proposals to the Annual General
Meeting on the election and remuneration of the members of the Board of
Directors.

YIT's three largest shareholders according to Euroclear's shareholder register
on August 30, 2024 and according to the standing order were Tercero Invest AB,
shareholder group (PNT Group Oy, Noora Pentti, Fideles Oy, Kristian Pentti,
Kristina Pentti-von Walzel, Eva Pentti-Kortman and Heikki Pentti Estate), and
Varma Mutual Pension Insurance Company. The following persons have been
nominated as their representatives to YIT's Nomination Board:

  · Alexander Ehrnrooth, CEO, Tercero Invest AB (19.00% of shares and votes)
  · Kristina Pentti-von Walzel, CEO Laponie Oy, the shareholder group PNT Group
Oy, Noora Pentti, Fideles Oy, Kristian Pentti, Kristina Pentti-von Walzel, Eva
Pentti-Kortman and Heikki Pentti Estate (16.97% of shares and votes
  · Risto Murto, President and CEO, Varma Mutual Pension Insurance Company
(5.69% of shares and votes)

As the Nomination Board's Chairperson acts CEO Alexander Ehrnrooth. The
Chairperson of YIT Corporation's Board of Directors, Jyri Luomakoski,
participates in the Nomination Board's work as an expert member.

The Nomination Board prepares the proposals concerning Board members and Board
compensation for the following Annual General Meeting.

The Board of Directors of YIT Corporation includes these proposals in the notice
of the Annual General Meeting of 2025.

For further information:
Alexander Ehrnrooth, Chairperson of the Nomination Board, tel. +358 9 6122 340
Juha Jauhiainen, Corporate General Counsel, YIT Corporation, tel. +358 40 725
9643

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.

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