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  • KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

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KONE Corporation, stock exchange release, November 4, 2024 at 07:00 p.m. EET

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation has received an announcement from BlackRock, Inc. on November 4, 2024, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. 

According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds increased to above five (5) per cent of the share capital of KONE Corporation on November 1, 2024. 

Total position of BlackRock, Inc. and its funds subject to the notification: 

% of shares and voting rights % of shares and voting rights through financial instruments Total of both in % Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached

4.86% shares

Below 5% voting rights

0.16% shares

Below 5% voting rights

5.02% shares

Below 5% voting rights

529,395,860 shares

121,527,427 voting rights

Position of previous notification (if applicable)

Below  5% shares

Below  5% voting rights

Below  5% shares

Below  5% voting rights

Below  5% shares

Below  5% voting rights

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

A: shares and voting rights

Class/type of
shares

ISIN code
Number 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)
FI0009013403

25,744,120 shares

Below 5% voting rights

4.86% shares

Below 5% voting rights

SUBTOTAL A

25,744,120 shares

Below 5% voting rights

4.86% shares

Below 5% voting rights

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

Type of financial instrument Expiration date Exercise / Conversion Period Physical or cash settlement Number of shares and voting rights % of shares and voting rights
American Depositary Receipt (US50048H1014) N/A N/A Physical

286,120 Shares

Below 5% voting rights

0.05% shares

Below 5% voting rights

Securities Lent N/A N/A Physical

571,650 Shares

Below 5% voting rights

0.10% shares

Below 5% voting rights

SUBTOTAL B

857,770 Shares

Below 5% voting rights

0.16% shares

Below 5% voting rights

For further information, please contact:
Sanna Kaje, Vice President, Investor Relations, tel. +358 204 75 0031

Sender:
KONE Corporation

Ilkka Hara
CFO

About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2023, KONE had annual sales of EUR 11.0 billion, and at the end of the year over 60,000 employees in more than 60 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com

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