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KONE appoints Samer Halabi as Executive Vice President for the Asia-Pacific region and Member of the Executive Board

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KONE Corporation, stock exchange release, January 27, 2021, at 14:00 EET

KONE appoints Samer Halabi as Executive Vice President for the Asia-Pacific region and Member of the Executive Board

Samer Halabi has been appointed Executive Vice President, responsible for the Asia-Pacific region and a member of the Executive Board as of May 1, 2021. He will be based in Singapore and will report to Henrik Ehrnrooth, President and CEO, KONE Corporation. The Asia-Pacific region covers KONE's businesses in this geographical area, excluding China.

Samer will succeed Axel Berkling who has been appointed Executive Vice President responsible for Central and North Europe, as previously announced.

Samer has held the role of Regional Managing Director for KONE Middle East and Africa since 2010. He began his career at KONE in 2001 and has held various leadership positions in the region, including Director for the Distributor Business and Managing Director for KONE Qatar. He graduated from Aleppo University, Syria and holds a degree in mechanical engineering.

“I am very happy to welcome Samer to the Executive Board to lead the Asia-Pacific region. Samer has successfully led our Middle East and Africa region for more than a decade. During this time, KONE has grown from a mid-sized player to become the market leader in many parts of the region, through building strong teams and instilling a culture of accountability and customer service”, says Henrik Ehrnrooth, President and CEO of KONE.

For further information, please contact:

Susanne Skippari, Executive Vice President, Human Resources tel. +358 20 475 4524

Sender:

KONE Corporation

Henrik Ehrnrooth
President and CEO

Susanne Skippari
Executive Vice President
Human Resources

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 2019, KONE had annual sales of EUR 10 billion, and at the end of the year approximately 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com

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