Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, December 22, 2022 at 9.30 a.m. EET

Change in KONE Corporation's holding of treasury shares

A total of 2,115 KONE class B shares have been returned free of consideration to KONE Corporation by virtue of the terms of KONE Corporation's share-based incentive program for the year 2020.

The handover date for the shares was December 21, 2022. After the transfer, KONE Corporation holds 12,306,640 of its own class B shares.

For further information, please contact:

Natalia Valtasaari, Head of Investor Relations, tel. +358 204 75 4705

Sender:

KONE Corporation

Johannes Frände
Secretary to the Board

Ilkka Hara
CFO

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2021, KONE had annual sales of EUR 10.5 billion, and at the end of the year over 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com