Caverion Corporation Stock exchange release 12 January 2023 at 6.20 p.m. EET

Notification according to Chapter 9, Section 10 of the Finnish Securities Markets Act of change in holdings in Caverion Corporation shares: Crayfish BidCo Oy and Triton V LuxCo 87 SARL

Caverion Corporation has on 12 January 2023 received an announcement under Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which the holding of Crayfish BidCo Oy ("Crayfish BidCo", a company ultimately owned by Triton VLuxCo 87 SARL based in Luxembourg) has exceeded the threshold of 5 per cent. According to the announcement, the holding exceeded the threshold on 12 January 2023.

According to the announcement, the direct holding of Crayfish BidCo Oy in Caverion has on 12 January 2023 increased to 13,647,263 shares, corresponding to 9.82 per cent of Caverion's shares and voting rights. The indirect holding of Triton V LuxCo 87 SARL in Caverion has increased to 13,647,263 shares, corresponding to 9.82 per cent of Caverion's shares and voting rights. Caverion has one share series, each share entitling to one vote. Caverion's registered total number of shares amounting to 138,920,092 has been used in the calculation of percentages for the announcement.

Total positions of person(s) subject to the notification:

% shares and voting rights% of shares and voting rights through financial instruments% of total
Resulting situation on the date on which threshold was crossed or reached 9.82%9.82%
Position of previous notification (if applicable) N/A N/A N/A

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights:

Class/type of sharesNumber of shares
and voting rights		% of shares and voting rights
Direct
(SMA 9:5)		Indirect
(SMA 9:6 and 9:7)		Direct
(SMA 9:5)		Indirect
(SMA 9:6 and 9:7)
FI4000062781 13,647,263 (CrayfishBidCo Oy) 13,647,263 (Triton VLuxCo 87 SARL) 9.82% (Crayfish BidCoOy) 9.82% (Triton VLuxCo 87 SARL)
SUBTOTAL A 13,647,263 9.82%

B: Financial instruments according to SMA 9:6a:

Type of
financial instrument		Expiration dateExercise/
Conversion Period		Physical or
cash settlement		Number of
shares and voting rights		% of shares and voting rights
N/A N/A N/A N/A N/A N/A
SUBTOTAL B N/A N/A

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

NameNumber of shares and voting rights% of shares and voting rights% of shares and voting rights through financial instrumentsTotal of both
Triton V LuxCo 87 SARL 0 0.00 0.00 0.00
Triton V LuxCo 89 SARL 0 0.00 0.00 0.00
Crayfish HoldCo Oy0 0.00 0.00 0.00
Crayfish BidCo Oy13,647,263 9.82  0.00 9.82%

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, principal media, www.caverion.com

For further information:

Milena Hæggström, Head of Investor Relations and External Communications, tel. +358 40 5581 328, milena.haeggstrom@caverion.com

Our life is shaped by the environments we build around us. By making built environments smart and sustainable, Caverion enables performance and people's well-being. Customers can trust our expert guidance during the entire life cycle of their buildings, infrastructure or industrial sites and processes: from design & build to projects, technical and industrial maintenance, facility management as well as advisory services. Our customers are supported by over 15,000 professionals in 10 countries in Northern and Central Europe. Our revenue in 2021 was approximately EUR 2.1 billion. Caverion's shares are listed on Nasdaq Helsinki.

Caverion - Building Performance

www.caverion.com @CaverionGroup

https://news.cision.com/caverion/r/notification-according-to-chapter-9--section-10-of-the-finnish-securities-markets-act-of-change-in-h,c3696902

https://mb.cision.com/Main/14078/3696902/1777741.pdf

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