KONE Corporation’s long-term incentive plan: transfer of shares and change in holding of treasury shares

KONE Corporation, stock exchange release, December 3, 2024, at 10.00 a.m. EET

KONE Corporation’s long-term incentive plan: transfer of shares and change in holding of treasury shares

The Board of Directors of KONE Corporation has on 23 October 2024 decided, based on the authorization given by the company’s annual general meeting in 2024, on a directed share issue without consideration to pay the share reward under the company’s Restricted Share Plan 2023.

In the share issue on 3 December 2024, KONE Corporation has assigned a total of 1,478 KONE class B shares held by the company to a key employee of the Restricted Share Plan 2023.

The shares were transferred on 3 December 2024. After the transfer, KONE Corporation holds 11,867,752 of its own class B shares.

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

Sender:
KONE Corporation

Niina Vilske
Secretary to the Board

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