YIT Corporation establishes a new strategic long-term incentive plan for top management

YIT Corporation establishes a new strategic long-term incentive plan for top management

The Board of Directors of YIT Corporation has resolved to establish a new share-based incentive plan for the top management of the YIT Group. The purpose of the plan is to align the interests of the company’s shareholders and the top management to increase the company’s value in the long term, to commit the top management to implement the company's strategy and objectives launched in late 2024 for the period 2025 - 2029, and to create a strong link between the long-term strategic objectives and the compensation structures of the top management.

The Strategic Long-Term Incentive Plan 2025–2029 consists of one performance period, which covers the financial years 2025–2029.

In the plan, the target group has an opportunity to earn YIT Corporation shares based on performance. The performance criteria of the plan are tied to the year 2029 Net Sales, Adjusted Earnings Before Interest and Taxes, Return on Capital Employed and various Milestone Criteria, which are linked to the strategic goals of YIT Corporation. The potential rewards from the plan will be paid within five months after the end of the performance period.

The value of the rewards to be paid on the basis of the plan corresponds to a maximum total of 2 900 000 shares of YIT Corporation, including also the proportion to be paid in cash. The target group in the plan consists of approximately 10 key leaders, including the members of the YIT Leadership Team and the President and CEO.

The potential reward will be paid partly in YIT Corporation shares and partly in cash. The cash proportion of the reward is intended to cover taxes and statutory social security contributions arising from the reward to the participants. As a rule, no reward will be paid if the key leaders' employment or director contract terminates before the reward payment.

For further information:
YIT Group Communications, tel. +358 44 743 7536, press@yit.fi

YIT Corporation

Jyri Luomakoski
Chair of the Board of Directors

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com

We build and develop sustainable living environments: functional and attractive homes, future-proof public and commercial buildings, infrastructure to support the green transition as well as industrial, production, and energy facilities to support our customers' processes. YIT's vision is to be the expert partner in developing sustainable homes, spaces, and cities - for a good life. There are approximately 4,100 professionals in our team and our revenue in 2024 was EUR 1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.

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