Correction: Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, December 21, 2018 at 9.00 a.m. EET

Correction: Change in KONE Corporation's holding of treasury shares

The stock exchange release published by KONE Corporation yesterday, on December 20, 2018 at 3:45 p.m. EET contained incorrect information about the amount of treasury shares. The amount of treasury shares stated in the release was 12,021,958. The correct amount of treasury shares is 12,031,814. Below is the corrected release.

Change in KONE Corporation's holding of treasury shares

A total of 4,928 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 programs for the years 2016 and 2017.

The shares were returned on December 20, 2018. After the transaction, KONE Corporation holds 12,031,814 of its own class B shares.

For further information, please contact:
Jukka Ala-Mello, Secretary to the Board, tel. +358 (0)204 75 4226

Sender:
KONE Corporation

Jukka Ala-Mello
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 2017, KONE had annual sales of EUR 8.9 billion, and at the end of the year over 55,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com