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Caverion Oyj (CAV1V.HE)

CAV1V.HE on Helsinki Stock Exchange

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Summary

Name Age Since Current Position

Mats Paulsson

61 2019 Independent Chairman of the Board

Ari Lehtoranta

56 2017 President and Chief Executive Officer

Thomas Hietto

52 2019 Deputy Chief Executive Officer, Executive Vice President, Caverion Services and Sales Development & Marketing

Markus Ehrnrooth

34 2017 Vice Chairman of the Board

Martti Ala-Harkonen

54 2016 Chief Financial Officer, Head of Finance, Strategy and IT

Anne Viitala

60 2017 Executive Vice President, Legal & Compliance; Group General Counsel

Minna Schrey-Hyppanen

53 2017 Executive Vice President, Human Resources and Safety

Knut Gaaserud

52 2018 Executive Vice President, Caverion Norway

Michael Kaiser

57 2018 Executive Vice President, Caverion Projects

Frank Krause

56 2019 Executive Vice President, Caverion Germany

Juha Mennander

54 2019 Executive Vice President, Caverion Sweden

Manfred Simmet

53 Executive Vice President, Caverion Austria

Carsten Soerensen

47 2019 Executive Vice President, Caverion Denmark

Kari Sundback

48 2019 Executive Vice President, Transformation and Supply Operations

Ville Tamminen

45 Executive Vice President, Caverion Finland

Sakari Toikkanen

52 2018 Executive Vice President, Caverion Industrial Solutions

Antti Herlin

63 2017 Director

Jussi Aho

51 2017 Independent Director

Joachim Hallengren

55 2017 Independent Director

Thomas Hinnerskov

48 2017 Independent Director

Anna Hyvonen

51 2013 Independent Director

Milena Haeggstrom

Head of Investor Relations

Biographies

Name Description

Mats Paulsson

Mr. Mats O. Paulsson has been Independent Chairman of the Board at Caverion Oyj since March 25, 2019. He has been Independent Director at the Company since March 26, 2018. He holds M.Sc. (Civil Engineering) degree. He has been Interim CEO of Eleda Acquisition Ab since 2018. He previously served at BTH Bygg AB, Interim CEO, 2015–2016; GDL Transport AB, Interim CEO, 2014–2015; Bravida AB, CEO, 2010–2012; Strabag Scandinavia AB, CEO, 2009–2010; Peab Industri AB., CEO, 2007–2009; Peab AB, Deputy CEO, 2000–2007; Swerock AB, CEO, 1999–2000; AB Sydsten, CEO, 1996–1999; Skanska AB, Project Engineer, Contract Manager, Department Manager, 1982–1996. He serves at Nordisk Bergteknik AB, Chairman of the Board of Directors; Eleda Holding AB, Chairman of the Board of Directors; BTH Bygg AB, Member of the Board of Directors; AB Bosarps Grus & Torrbruk, Member of the Board of Directors; Win Group AG, Member of the Board of Directors; Nordic Waterproofing AS, Member of the Board of Directors.

Ari Lehtoranta

Mr. Ari Lehtoranta has been appointed President and Chief Executive Officer at Caverion Oyj, effective as of January 1, 2017. He previously was Independent Chairman of the Board of Directors of Caverion Oyj from March 16, 2015 till November 15, 2016. Before that, he has been Independent Vice Chairman of the Board since March 17, 2014. He has been Independent Member of the Company's Board since June 30, 2013. He was Chairman of the Human Resources Committee. He was President and Chief Executive Officer of Nokian Tyres Plc from 2014 till 2016. He was Executive Vice President, Central and North Europe at KONE Corporation (2010-2014). Before that, he served at KONE Corporation as Executive Vice President, Major Projects, 2008-2010; Nokia Siemens Networks/Nokia Networks, as Head of Radio Access, 2005-2008; Nokia Corporation as Vice President of Operational Human Resources, 2003-2005; Nokia Networks as Head of Broadband Division, Head of Systems Integration and Customer Services for Europe, 1999-2003; Nokia Telecommunications as Managing Director in Italy and various other positions, 1985-2003. He has been Member of the Board of Orion since 2017 and Vice Chairman of the Supervisory Board of Ilmarinen since 2017 (Member since 2015). In 2013 he was Member of the Board of YIT Corporation. He holds a Master of Science degree in Engineering.

Thomas Hietto

Mr. Thomas Hietto has been Executive Vice President, Caverion Services and Sales Development & Marketing at Caverion Oyj since July 1, 2017 and he has been appointed Deputy Chief Executive Officer of the Company effective as of July 1, 2019. He holds a Master of Science degree in Technology and Master of Science degree in Management, Stanford University (2017). He previously worked at KONE Corporation in various positions for about 20 years, half of which in managerial positions in Asia. He was Senior Vice President, Maintenance Service Business, 2012-2015 and Senior Vice President, KONE Doors Business, 2011-2012 at KONE Corporation, and served at KONE Elevators Ltd as Managing Director, 2006-2011; KONE Asia South as Managing Director, 2004-2006; and KONE Japan as Managing Director, 2000-2004. He has been Member of the Board of Directors of Finnish Clean Energy Association, 2016.

Markus Ehrnrooth

Mr. Markus Ehrnrooth has been Vice Chairman of the Board of Directors of Caverion Oyj since March 17, 2017. He has been Director of the Company since March 16, 2015. He is Entrepreneur. He holds a Master of Science degree in Technology and Bachelor of Science degree in Political Science (Economics). He has been Co-Founder of Knomi Oy since 2013. He served at Morgan Stanley as Vice President (2012-2013), Associate (2010-2012) and Analyst (2008-2010).

Martti Ala-Harkonen

Mr. Martti Ala-Harkonen has been appointed Chief Financial Officer, Head of Finance, Strategy and IT at Caverion Oyj effective as of September 19, 2016. His latest position was CFO of Cramo Group (2006-2016). Prior to that, he worked as CFO and SVP-Business Development of Novo Group Plc (1998-2004) and CFO and SVP-Finance and Administration at WM-data Oy (2004-2006), as well as served in in finance manager positions at Postipankki Plc (1995-1998). He has been Member of the Boards of Directors of Digia Plc since 2016 and Rettig ICC since 2018. He holds Doctorate of Science (Economics) and Licentiate of Science (Technology).

Anne Viitala

Ms. Anne Viitala has served as Executive Vice President, Legal & Compliance and Group General Counsel of Caverion Oyj since January 9, 2017. She holds a Master of Legal Letters degree, is trained on the bench and holds an executive Master of Business Administration degree. She previously worked at Poyry PLC, Executive Vice President, Legal and Communications & Group General Counsel, 2012-2016 (Communications until end of 2015); Poyry PLC, Executive Vice President, Legal and Commercial & Group General Counsel, 2009-2012; Poyry PLC, Senior Vice President, Legal and Risk Management & Group General Counsel, 2005-2009; Poyry PLC, Senior Vice President, Legal Affairs & Group General Counsel, 2001-2005; Elektrowatt Engineering AG, General Counsel, Energy business group, 2000; Jaakko Poyry Group Oyj (now Poyry PLC), Senior Legal Counsel, 1997-2000; JPI Process Contracting Oy, Legal Counsel, 1995-1997.

Minna Schrey-Hyppanen

Ms. Minna Schrey-Hyppanen has been appointed Executive Vice President, Human Resources and Safety at Caverion Oyj effective as of June 26, 2017. She holds Master of Science degrees in Engineering and Economics. She previously worked at Uponor Corporation, Executive Vice President, Human Resources, 2013-2017; UPM-Kymmene Corporation, Vice President, HR and People Development, 2010-2013; Nokia Corporation, HR Director and other executive and managerial positions, 2005-2010; VIA Group, Consultant, 2003-2005; Vice President, CRM & HRM, Sonera Plaza, 2000-2003; Sonera Oyj, Mediacommunications, Sonera Services, Director, HRM and Development 1998–2000; Telecom Finland / Tele, various development and project manager tasks in different functions, including Sales, Marketing and Product Development, 1990–2000.

Knut Gaaserud

Mr. Knut Gaaserud has been appointed Executive Vice President, Caverion Norway at Caverion Oyj effective as of January 1, 2018. He no longer serves as Executive Vice President & CEO, Division Denmark - Norway at Caverion Oyj effective as of December 31, 2017. He has held the position since January 1, 2016. He was Managing Director, Caverion Norge AS (Norway) and Member of the Group Management Board at Caverion Oyj from July 1, 2013. Before that, he served at YIT AS (Norway) as Managing Director (2013); Senior Vice President Sales, Marketing, Strategy and Media (2009-2012); Director AV Division (2006-2009); Manager Business Development Service (2004-2006). He also served at Thommessen&Co as Partner, consultant (2002-2004); Cell Network/ Bouvet as Chief Operation Officer (2000-2002); Andersen Consulting / Accenture as Project Manager, Consultant, Manager (1992-2000). He holds Master of Science degree in Technology.

Michael Kaiser

Mr. Michael Michael has been appointed Executive Vice President, Caverion Projects at Caverion Oyj effective as of June 1, 2018. Michael Kaiser has a 30-year background in projects. He previously served at ThyssenKrupp Industrial Solutions USA and North America, Executive Vice President, 2016-2017; ThyssenKrupp Industrial Solutions USA, Vice President, 2014-2016; Uhde Corporation of America, Chief Operating Officer, 2012-2014; ThyssenKrupp Steel Brazil, Project Managing Director, 2009-2012; ThyssenKrupp Uhde Thailand, E+I Project Manager for Engineering, Construction and Commissioning, 2007-2008; ThyssenKrupp Uhde Egypt, E+I Project Manager for Engineering, Construction and Commissioning, 2005-2006; ThyssenKrupp UhdeTurkmenistan, Commissioning and Start-Up Management, 2004-2005; ThyssenKrupp Uhde Oman, Proposal Management, 2003-2003; ThyssenKrupp Uhde, Project Manager and Project Engineering positions in Venezuela, Indonesia, and Egypt, 1990-2002.He holds Master of Science degree in Engineering.

Frank Krause

Mr. Frank Krause has been Executive Vice President, Caverion Germany at Caverion Oyj since January 1, 2019. From 2015 till 2018 he occupied the post of Head of Services business and Sales at Caverion Germany. Between 2008 and 2015 he served as Chief Sales & Service Officer and Managing Director - Switzerland at KEYMILE AG. From 2005 until 2007 he was General Manager Europe at MRV Communication. He also acted as Managing Director, Germany, Austria and Switzerland and Corporate Vice President of Telindus Group Belgium at Telindus GmbH (during 1999-2005). From 1994 until 1998 he served as Regional Director - Germany at O.tel.o GmbH. During 1984-1993 he held various sales and management positions, Germany and Australia within Digital Equipment. Mr. Frank Krause is a qualified IT programmer.

Juha Mennander

Mr. Juha Edvard Mennander has been Executive Vice President, Caverion Sweden at Caverion Oyj since June 1, 2018. He no longer serves as Head of Market Operations effective as of May 8, 2019 at the latest. He has held the position since January 1, 2018. Juha Mennander has been Managing Director of KONE France (2015-2017). He has a long international career with KONE where he has managed companies in Scandinavia, Canada and Poland, among other things. He holds Master of Science degree in Technology.

Manfred Simmet

Mr. Manfred Simmet serves as Executive Vice President, Caverion Austria at Caverion Oyj. He has been Managing Director, Caverion GmbH since July 1, 2013. He previously served at YIT Austria GmbH, Austria as Managing Director (2008-2013); Siemens as Head of Business segment HVAC Austria and International (including Russia and Ukrain) (2005-2008); Siemens as responsible for organization development during integration of VA Tech Elin EBG into Siemens in 2005; VA Tech Elin EBG as Head of department HVAC and BMS for Austria and international (2002-2005); VA Tech Elin EBG as Team Leader and Project Manager for HVAC and BMS (1991-2002); Elin Energieanwendung as Project Manager for HVAC (1988-1991); Elin Energieanwendung as Project Engineer BMS (1987-1988). He holds Bachelor of Science degree in Engineering.

Carsten Soerensen

Mr. Carsten Soerensen has been Executive Vice President, Caverion Denmark at Caverion Oyj since January 1, 2019. He previously worked at Qubiqa A/S, Group CEO, 2017-2018; Caverion A/S, Vice President, Industrial Solutions Denmark-Norway, 2015-2017; ABB A/S, Vice President, Process automation, 2008-2015; ABB A/S, Vice President, Robotics Division, 2007-2008; Dynaway A/S, Vice President, Product Management & Consulting, 2005-2007; Mircrosoft Development Center Copenhagen, Lead Program Manager, 2002-2005; IBM, Management Consultant, 1998-2002; Novo Nordisk A/S, QA Engineer, 1996-1998. He holds Master of Science in Industrial Engineering. He has been Member of the Board of GamesOnTrack since 2007.

Kari Sundback

Mr. Kari Sundback has been Executive Vice President, Transformation and Supply Operations at Caverion Oyj since May 8, 2019. He previously worked at KONE Corporation: Senior Vice President, KONE Way operating model, 2015-2019; KONE Belgium & Luxembourg: Managing Director, 2012-2015; Nokia: Vice President, Strategy and Business Development, 2008-2012; Nokia Siemens Network: Several positions 1995-2007 in Sales, Global Account Management, Business Development, Project Management and Service Development. He holds Master of Science in Technology.

Ville Tamminen

Mr. Ville Tamminen serves as Executive Vice President, Caverion Finland at Caverion Oyj. He holds a Master of Legal Letters degree with court training. He previously worked at Caverion Suomi Oy: Head of Division Finland, 2017-2018; Caverion Suomi Oy: Vice President, Sales and Business Development, 2011-2016; YIT Kiinteistotekniikka Oy: Various positions including Sales Director, Lawyer, Sales Manager, 2007-2011; Vantaa District Court: Notary, 2006-2007; Navy Command of Finnish Navy: Military Lawyer, 2004-2006. He has been Member of the Supervisory Board of Smart & Clean Foundation since 2016 and Member of the Board of Directors of Green Building Council Finland since 2016.

Sakari Toikkanen

Mr. Sakari Toikkanen has served as Executive Vice President, Caverion Industrial Solutions at Caverion Oyj since June 21, 2017. He no longer serves as Head of Strategy & IT & Communications at the Company effective as of January 1, 2018. He has held the position since January 9, 2017. He was Interim President and Chief Executive Officer of the Company from May 17, 2016 until January 1, 2017. He was also Vice President, Group Strategy and M&A. He previously was Senior Vice President, Group Development & Strategy of Caverion Oyj from July 1, 2013 until March 1, 2016. He was previously Senior Vice President, Business Development (2008-2013) and Executive Vice President (2006-2008) at YIT Corporation; Executive Vice President at YIT Building Systems Ltd (2003-2005); Vice President, Corporate Planning at YIT Corporation (2001-2003); Development Manager (1999-2000), Quality Manager (1997-1998) at YIT Construction Ltd and Researcher at Helsinki University of Technology (1993-1996). He holds Licentiate in Technology degree.

Antti Herlin

Dr. Antti Juhani Herlin has been Director of Caverion Oyj since March 29, 2017. He holds D.Sc. (Econ.) h.c., D.Arts h.c., D.Sc. (Tech) h.c. degrees. He has been Chairman of the Board of KONE Corporation since 2003 (Member since 1991) and Vice Chairman of Sanoma Corporation since 2016. He served at KONE Corporation as CEO 1996–2006 as Deputy Chairman 1996–2003. He is Chairman of the Boards of Security Trading Oy and Holding Manutas Oy.

Jussi Aho

Mr. Jussi Aho has been Independent Director at Caverion Oyj since March 17, 2017. He has been CEO of Fira Group Oy since 2016. He holds M.Sc. (Civil Engineering). He previously worked at Fira Oy, CEO 2009–2017; Fira Oy, Founding partner and Chairman of the Board 2004–2009; Daxtum Oy, CEO 2002–2008; YIT Rakennus Oy and Betonimestarit Oy, other managerial positions in 1995–2001. He has worked at Ekovilla Oy as member of the Board of Directors since 2016; Kaskipuu Oy as member of the Board of Directors since 2016 and Envera Oy as member of the Board of Directors since 2016. He previously served at Talonrakennusteollisuus ry as member of the Board of Directors 2016–2017.

Joachim Hallengren

Mr. Joachim Hallengren has been Independent Director at Caverion Oyj since March 17, 2017. He holds M.Sc. (Civil Engineering). He has been CEO of Bonava AB since 2016. He was President of NCC Housing 2012–2016. He has totally 16 years of experience from various positions within the NCC Group, including Business Area Manager of NCC Property Development and member of the senior management of NCC AB (publ) 2009–2016. He has served at Forenom Holding Oy as member of the Board of Directors since 2017 and Offside Press AB as Chairman of the Board of Directors since 2009.

Thomas Hinnerskov

Mr. Thomas Hinnerskov has been Independent Director at Caverion Oyj since March 17, 2017. He holds M.Sc. (Finance and Accounting). He has been Executive Vice President of KONE Central and North Europe since 2016. He previously worked at ISS Western Europe, Regional CEO 2016; ISS APAC, Regional CEO 2012–2016; ISS, in various other leadership roles in 2003–2012; TEMA Kapital 2002–2003; McKinsey & Company 2001–2002 and Gudme Raaschou Investment Bank 1995–2000.

Anna Hyvonen

Ms. Anna Hyvonen has been Independent Member of the Board of Directors at Caverion Oyj since June 30, 2013. She has been Senior Vice President, Nordics and Vianor at Nokian Tyres since 2018. Previosuly, she was Managing Director of Vianor Holding Oy from 2016 till 2017. She was Executive Vice President, North Europe Central at Ramirent Plc from 2012 till 2016.. She also held management tasks with the Maintenance Business unit at KONE Corporation from 2008 until 2012. From 2006 until 2008, she was at KONE Corporation, Head of Portfolio management and business excellence, Service business, Nokia Networks/Nokia Siemens Network. She serves as Member of the Human Resources Committee of the Company. She holds a Licentiate in Technology degree.

Milena Haeggstrom