Composition of the Shareholder's Nomination Board prior the AGM 2021
YIT Corporation’s three largest shareholders according to Euroclear’s shareholder register on August 31, 2020 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 two shareholder groups have agreed on appointing a joint representative: PNT Group Oy, Noora Forstén, Fideles Oy, Kristina Pentti-von Walzel, Eva Pentti-Kortman and Kristian Pentti; and as the second one, Tercero Invest AB, Föreningen Konstsamfundet r.f. and Alexander Ehrnrooth.
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 groups and Varma Mutual Pension Insurance Company. The following persons have been nominated as their representatives in YIT’s Nomination Board:
Juhani Mäkinen, Counsellor of Law, shareholder group (14.90% of shares and votes) PNT Group Oy, Noora Forstén, Fideles Oy, Kristina Pentti-von Walzel, Eva Pentti-Kortman and Kristian Pentti
Alexander Ehrnrooth, CEO, shareholder group (13.10% of shares and votes) Tercero Invest AB, Föreningen Konstsamfundet r.f. and Alexander Ehrnrooth
Risto Murto, President and CEO, Varma Mutual Pension Insurance Company (7.55% of shares and votes)
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 Annual General Meeting.
The standing order of the Nomination Board decided by the Annual General Meeting of YIT Corporation on 15.3.2016 regulates in more detailed the appointment and composition of the Nomination Board and specifies its duties and responsibilities.