Slide 1: Q1/2026 Interim Review, January – March 2026
Q1/2026 Interim Review January – March 2026 Heikki Vuorenmaa, President and CEO Markus Pietikäinen, interim CFO Tomorrow well built
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by, and the information contained herein (unless otherwise indicated) has been provided by YIT Corporation (the “Company”). By attending the meeting or event where this presentation is made, or by reading the presentation slides, you agree to be bound b
Slide 3: Q1/2026 in brief
—— — Q1/2026 in brief
Slide 4: Revenue and profitability increased in Residential CEE, order books strengthened in the contracting segments
Revenue and profitability increased in Residential CEE, order books strengthened in the contracting segments Solid quarter from Residential Revenue Ongoingand actions order books to Inventory of unsold Cash flow completed improvements CEE with increased revenue, increased in both Building apartments
Slide 5: Financial performance in Q1/2026
Financial performance in Q1/2026 YIT Group, EUR million • Residential Finland revenue impacted by lower investor demand Adj. operating profit Revenue Adj. OP, % • Solid quarter from Residential CEE with increased revenue and strong profitability 12 (14) 399 (391) 2.9 (3.5) • • Building Construction
Slide 6: Operating profit impacted by non-strategic items and costs related to change negotiations
Operating profit impacted by non-strategic items and costs related to change negotiations Revenue, Adjusted operating profit, Operating profit, EUR million EUR million EUR million 12 391 399 14 12 -18 Q1/2025 Q1/2026 Q1/2025 Q1/2026 Q1/2025 Q1/2026 Adjusting items of EUR -30 million in Q1/26 consist
Slide 7: Residential Finland: Consumer sales the main driver for the segment
Residential Finland: Consumer sales the main driver for the segment Revenue, Target: Adjusted operating profit, Operative capital employed, EUR million Increase market share EUR million EUR million Margin target 566 570 559 564 561 ROCE 84 81 >10% target 78 >20% 72 64 2 374 360 0 339 314 300 -1 -1.3
Slide 8: Consumer apartment starts and sales in Residential Finland
Consumer apartment starts and sales in Residential Finland Consumer apartments in Residential Finland, Consumer apartments in Residential Finland, quarterly, units rolling 12 months, units 1,200 224 1,000 152 800 133 131 119 600 108 97 83 400 64 51 200 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1/25 Q2/25 Q3/25
Slide 9: Apartment production in Residential Finland
Apartment production in Residential Finland Apartments under construction in Residential Finland, units 1,500 100% • Total number of apartments under construction was 602 (at the end of Q4/25: 661). 1,200 80% 951 978 • Apartments under construction for 876 900 809 820 837 60% consumers increased to
Slide 10: Residential CEE: Healthy project margins
Residential CEE: Healthy project margins Revenue, Target: >15% growth Adjusted operating profit, Operative capital employed, EUR million (CAGR from 2024 baseline) EUR million EUR million ROCE 105 14 target 100 13 >25% 90 84 11 323 326 324 329 10 Margin 316 360 355 361 66 target 14.0% 11.6% 11.8% 12.
Slide 11: Apartment starts and sales in Residential CEE
Apartment starts and sales in Residential CEE Apartments in Residential CEE, Apartments in Residential CEE, quarterly, units rolling 12 months, units 3,000 862 2,500 669 2,000 580 575 472 1,500 429 389 390 355 1,000 290 500 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 2024 2025 2026 St
Slide 12: Apartment production in Residential CEE
Apartment production in Residential CEE Apartments under construction in Residential CEE, units 4,000 100% 3,258 • Total number of apartments under 3,024 3,057 3,039 3,000 80% construction at the end of Q1/26 was 3,039 (at the end of Q4/25: 3,057). 2,235 2,147 2,162 60% • Apartments under constructi
Slide 13: Building Construction: Revenue and profitability increased
Building Construction: Revenue and profitability increased Revenue, Target: >4% growth Adjusted operating profit, Operative capital employed, EUR million (CAGR from 2024 baseline) EUR million EUR million 6 187 175 5 161 Target: 140 Negative 125 Margin 3 target 690 672 657 649 663 >6% 2 -37 -35 2.0%
Slide 14: Building Construction order book over EUR 1 billion
Building Construction order book over EUR 1 billion Building Construction order book, EUR million, IFRS 1,119 • Order book corresponds to approximately 1,027 1,016 18 months of work 954 978 • Main orders announced during Q1 690 672 657 649 663 • Convenience food production plant in Nurmo, Finland to
Slide 15: Infrastructure: Growth continued in Q1
Infrastructure: Growth continued in Q1 Revenue, Target: >10% growth Adjusted operating profit, Operative capital employed, EUR million (CAGR from 2024 baseline) EUR million EUR million 152 7 7 Target: 128 127 Margin 114 Negative 110 5 target 517 521 4.6% 4.4% 419 452 481 4.1% 4.3% 4.0% >6% 3 2 -61 -
Slide 16: Infrastructure order book increased
Infrastructure order book increased Infrastructure order book, EUR million, IFRS • Strong order book corresponding to approximately 21 months of work 922 • The overall outlook in the Finnish 836 875 infrastructure market remains positive. 762 759 • Main orders announced in Q1: 517 521 • Area Contrac
Slide 17: Market environment in Q1/2026
Market environment in Q1/2026 The residential market in Building Residential construction Infrastructure Central Eastern Europe, market market market remains solid; Finland In Finland, the primary Baltic countries Central Eastern Europe apartment market sales volumes are not expected to Q1 market en
Slide 18: Financial development
Financial development 18
Slide 19: Financial development in Q1/2026
Financial development in Q1/2026 Operating cash flow Gearing* at after investments* was 83% EUR 19 million (Q1/25: 91%) (Q1/25: -10) (Q4/25: 71%) Net debt* at ROCE, rolling 12 months at EUR 588 million (Q1/25: 689) 5.6% (Q4/25: 560) (Q1/25: 4.8%) (Q4/25: 5.7%) 19 *IFRS
Slide 20: Operative capital employed decreased and ROCE improved from the comparison period
Operative capital employed decreased and ROCE improved from the comparison period Operative capital employed, ROCE %, YIT Group, EUR million YIT Group, rolling 12 months 1,034 1,042 Target 1,017 976 955 >15% 4.8% 5.4% 5.7% 5.7% 5.6% Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 EUR mil
Slide 21: Positive cash flow for the first quarter
Positive cash flow for the first quarter Operating cash flow after investments, EUR million, IFRS 150 114 111 • Operating cash flow after 100 investments increased to EUR 19 million (-10) 50 • 12 months rolling operating cash flow 19 after investments EUR 103 million at 1 2 0 the end of the first qu
Slide 22: Net interest-bearing debt and gearing decreased from the comparison period
Net interest-bearing debt and gearing decreased from the comparison period Net interest-bearing debt, EUR million, IFRS • Net debt decreased to EUR 588 million (689). 97% 98% 89% 91% 88% 84% 85% 83% • Gearing decreased to 83% (Q1/25: 768 788 789 91%). 71% 680 689 670 669 588 • The outstanding hybrid
Slide 23: Balance sheet enables the targeted profitable growth
Balance sheet enables the targeted profitable growth Assets and net debt breakdown, EUR million, at the end of Q1/26, IFRS Enables the construction of ~15,000 apts. in Tripla valued Finland and ~15,000 apts. in CEE at 119 million Main assets 548 163 317 291 186 1,504 Owned plots Leased plots Product
Slide 24: Outlook: adjusted operating profit EUR 70–100 million in 2026
• The residential market in the Baltic countries and Central Eastern Europe is expected to continue favorable, contributing positively to YIT expects its Group Residential CEE segment's capability to generate profit. • In Finland, the primary apartment market sales volumes are not adjusted operating
Slide 25: Strategy progress update
Strategy progress update 25
Slide 26: Progress towards the strategic targets
Progress towards the strategic targets Revenue, Adjusted operating profit margin %, ROCE %, EUR million rolling 12 months rolling 12 months 490 456 466 24 391 399 1,034 1,042 1,017 976 955 1,771 1,771 1,805 1,803 1,811 14 14 3.3% 3.3% 12 5.7% 5.7% 5.6% 3.0% 3.2% 5.4% 4.8% 7 3.1% Q1/25 Q2/25 Q3/25 Q4
Slide 27: Strategy execution focus in Q1/2026
Strategy execution focus in Q1/2026 Strategic priorities • A new division focused on data center and energy and industrial construction was established. During Q1, we signed an agreement with Deliver industry-leading XTX Markets for the interior finishing phase, building services engineering, produc
Slide 28: Additional information
Additional information YIT Investor Relations investorrelations@yit.fi Essi Nikitin Arttu Hakala-Ranta VP, Investor Relations Investor Relations Manager +358 50 581 1455 +358 40 076 1775 essi.nikitin@yit.fi arttu.hakala-ranta@yit.fi YIT’s Half-Year Financial Report 2026 will be published on Friday,
Slide 29: Appendices
Appendices I. Key figures, segment reporting II. Key figures, IFRS III. Apartment sales 29
Slide 30: I. Key figures, segment reporting
I. Key figures, segment reporting EUR million 1–3/26 1–3/25 1–12/25 Revenue 399 391 1,803 Adjusted operating profit 12 14 58 Adjusted operating profit margin, % 2.9 3.5 3.2 Operating profit -18 12 54 Result for the period -34 -4 -17 Earnings per share, EUR -0.16 -0.02 -0.11 Return on capital employe
Slide 31: II. Key figures, IFRS
II. Key figures, IFRS EUR million 1–3/26 1–3/25 1–12/25 Revenue 373 386 1,757 Operating profit -25 6 45 Result for the period -39 -9 -24 Earnings per share, EUR -0.18 -0.04 -0.14 Operating cash flow after investments 19 -10 73 Net interest-bearing debt 588 689 560 Gearing ratio, % 83 91 71 Equity ra
Slide 32: III. Apartment sales
III. Apartment sales Sold apartment units, Residential Finland Sold apartment units, Residential CEE 440 449 580 575 555 335 275 472 310 324 321 429 424 389 236 206 256 195 235 238 347 134 276 282 100 154 105 152 245 131 217 174 108 97 182 154 152 122 135 126 133 131 105 118 108 97 74 Q1/23*Q2/23* Q
Slide 33: facebook.com/ yitsuomi instagram.com/
facebook.com/ instagram.com/ yitsuomi yitsuomi linkedin.com/ .com/ company/yit YIT uomi youtube.com/ YITCorporation