Caverion Oyj - Major shareholder announcements

Notification according to Chapter 9, Section 10 of the Finnish Securities Markets Act of change in holdings in Caverion Corporation shares

Caverion Corporation Stock exchange release December 9, 2016 at 2.30 p.m. EET
Notification according to Chapter 9, Section 10 of the Finnish Securities
Markets Act of change in holdings in Caverion Corporation shares

Caverion Corporation has on December 9, 2016 received an announcement under
Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which
the holding of Solero Luxco S.à r.l. (“Solero Luxco”, a company ultimately owned
by Triton Fund IV) in Caverion has exceeded the threshold of 5 per cent.
According to the announcement, the holding had exceeded the threshold on
December 8, 2016.

According to the announcement, the holding of Solero Luxco in Caverion has on
December 8, 2016 increased to 6,530,473 shares, corresponding to 5.20% per cent
of Caverion’s shares and voting rights. Caverion has one share series, each
share entitling to one vote. Caverion’s registered total number of shares
amounting to 125,596,092 has been used in the calculation of percentages for the
announcement.

Total positions of Solero Luxco subject to the notification:

+----------------+------------+------------------------------+------+
|                |% shares and| % of shares and voting rights|  % of|
|                |      voting|through financial instruments |total |
|                |     rights |                              |      |
+----------------+------------+------------------------------+------+
|Resulting       |      5.20% |                          N/A |5.20% |
|situation on the|            |                              |      |
|date on         |            |                              |      |
|which threshold |            |                              |      |
|was crossed or  |            |                              |      |
|reached         |            |                              |      |
+----------------+------------+------------------------------+------+
|Position of     |        N/A |                          N/A |  N/A |
|previous        |            |                              |      |
|notification (if|            |                              |      |
|applicable)     |            |                              |      |
+----------------+------------+------------------------------+------+

Notified details of the resulting situation on the date on which the threshold
was crossed:

A: Shares and voting rights:

+-------------+----------+------------------+----------+-------------------+
|Class/type of|             Number of shares|% of shares and voting rights |
|shares       |           and voting rights |                              |
+-------------+----------+------------------+----------+-------------------+
|             |    Direct|          Indirect|    Direct|           Indirect|
|             |(SMA 9:5) |(SMA 9:6 and 9:7) |(SMA 9:5) | (SMA 9:6 and 9:7) |
+-------------+----------+------------------+----------+-------------------+
|FI4000062781 | 6,530,473|               N/A|    5.20% |                N/A|
+-------------+----------+------------------+----------+-------------------+
|SUBTOTAL A   |                    6,530,473|                        5.20% |
+-------------+----------+------------------+----------+-------------------+

B: Financial instruments according to SMA 9:6a:

+------------+----------+----------+-----------+----------+---------------+
|Type of     |Expiration| Exercise/|Physical or| Number of|% of shares and|
|financial   |     date |Conversion|       cash|shares and|voting rights  |
|instrument  |          |   Period |settlement |    voting|               |
|            |          |          |           |   rights |               |
+------------+----------+----------+-----------+----------+---------------+
|Securities  |       N/A|       N/A|        N/A|       N/A|            N/A|
|Lent        |          |          |           |          |               |
+------------+----------+----------+-----------+----------+---------------+
|Contract for|       N/A|       N/A|        N/A|       N/A|            N/A|
|difference  |          |          |           |          |               |
+------------+----------+----------+-----------+----------+---------------+
|                                  |SUBTOTAL B |       N/A|            N/A|
+------------+----------+----------+-----------+----------+---------------+

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

+--------------+-----------+-----------------------------+-------------+
|Name          |% of shares|% of shares and voting rights|Total of both|
|              | and voting|through financial instruments|             |
|              |     rights|                             |             |
+--------------+-----------+-----------------------------+-------------+
|Triton Fund IV|     0.00% |                             |       0.00% |
+--------------+-----------+-----------------------------+-------------+
|Solero Holdco |     0.00% |                             |       0.00% |
|S.à r.l.      |           |                             |             |
+--------------+-----------+-----------------------------+-------------+
|Triton        |     0.00% |                             |       0.00% |
|Masterluxco 4 |           |                             |             |
|S.à r.l.      |           |                             |             |
+--------------+-----------+-----------------------------+-------------+
|Solero Luxco  |      5.20%|                             |        5.20%|
|S.à r.l.      |           |                             |             |
+--------------+-----------+-----------------------------+-------------+

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, principal media, www.caverion.com
For additional information, please contact:

Milena Hæggström, Head of Investor Relations, tel. +358 40 5581
328, milena.haeggstrom@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 2015 was approximately EUR 2.4
billion. Caverion has over 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/), @CaverionGroup
Join our story: www.caverion.fi/Csaga #Csaga

Viðhengi:

12097504.pdf