YIT Corporation Shareholders' Nomination Board Composition
YIT Corporation has announced the composition of its Shareholders' Nomination Board. The board comprises the company's three largest shareholders.
YIT Corporation confirmed the composition of its Shareholders' Nomination Board in a press release dated September 18, 2026. The board includes the three largest shareholders based on Euroclear's shareholder register as of August 31, 2026.
The right to nominate representatives to the Nomination Board is established by the company's standing orders. According to these orders, a group of shareholders can agree to appoint a joint representative to the board. In YIT's case, PNT Group Oy and other shareholders have agreed to appoint a joint representative.
The board's primary functions include preparing proposals for the annual general meeting regarding the election and remuneration of the company's board members. It also makes recommendations on the composition of the board and the granting of discharge.
The Shareholders' Nomination Board plays a crucial role in YIT's corporate governance, ensuring shareholder representation in key decision-making processes.