Composition of the Shareholder's Nomination Board
YIT Corporation’s three largest shareholders according to Euroclear’s shareholder register on 31 August 2023 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 Pentti, Fideles Oy, Kristian Pentti, Kristina Pentti-von Walzel, Eva Pentti-Kortman and Heikki Pentti Estate.
YIT’s three largest shareholders, that are entitled to nominate a representative to YIT Corporation’s shareholders’ 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:
- Kristina Pentti-von Walzel, CEO, the shareholder group PNT Group Oy, Noora Pentti, Fideles Oy, Kristian Pentti, Kristina Pentti-von Walzel, Eva Pentti-Kortman and Heikki Pentti Estate 18.56% of shares and votes.
- Alexander Ehrnrooth, CEO, Tercero Invest AB, 17.73% of shares and votes.
- Risto Murto, President and CEO, Varma Mutual Pension Insurance Company, 5.66% of shares and votes.
Harri-Pekka Kaukonen, the Chairman of YIT Corporation’s Board of Directors, participates in the Nomination Board’s work as an expert member. Alexander Ehrnrooth was elected the Chairperson of the Nomination Board.
The Nomination Board prepares the proposals concerning Board members and Board compensation for the following General Meeting.