YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
YIT Corporation Stock exchange release 8 September 2021 at 6:00 p.m.
Composition of YIT Corporation’s Shareholders Nomination Board
YIT Corporation’s three largest shareholders according to Euroclear’s shareholder register on 31 August 2021 and according to the principles of the standing order have had the right to nominate representatives to the Nomination Board. According to the mentioned standing order, a shareholder group can agree on appointing a joint representative to the Nomination Board. The following shareholders have agreed on appointing a joint representative: PNT Group Oy, Noora Forstén, Fideles Oy, Kristina Pentti-von Walzel and Eva Pentti-Kortman.
YIT’s three largest shareholders, that are entitled to nominate a representative to YIT Corporation’s shareholder’s nomination board, are the above-mentioned shareholder group, Tercero Invest AB and Varma Mutual Pension Insurance Company. The following persons have been nominated as their representatives to YIT’s Nomination Board:
Counsellor of Law Juhani Mäkinen was elected the Chairman of the Nomination Board. Harri-Pekka Kaukonen, the Chairman of YIT Corporation’s Board of Directors, 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 General Meeting.
For further information:
Juha Jauhiainen, Corporate General Counsel, YIT Corporation, +358 40 725 9643, juha.jauhiainen@yit.fi
YIT Corporation
Tommi Järvenpää
Vice President, Investor Relations
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
YIT is the largest Finnish and a significant North European urban developer and construction company. Our goal is to create more sustainable, functional and attractive cities and living environments. We develop and build apartments, business premises and entire areas. We also specialise in demanding infrastructure construction. We own properties together with our partners, which supports the implementation of our significant development projects. We also provide our customers with services that increase the value of properties. We employ approximately 7,400 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2020 was approximately EUR 3.1 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com