Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, June 19, 2023 at 3.45 p.m. EEST

Change in KONE Corporation's holding of treasury shares

KONE Corporation has assigned a total of 18,485 KONE class B shares to two key employees included in KONE's share-based incentive program as a reward payment for the 2021-2022 earnings period.

The handover date for the shares was June 19, 2023. After the transfer, KONE Corporation holds 12,159,159 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
General Counsel, 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 2022, KONE had annual sales of EUR 10.9 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