Change in KONE Corporation’s holding of treasury shares

KONE Corporation, stock exchange release, February 3, 2022 at 3.15 p.m. EET

Change in KONE Corporation's holding of treasury shares

KONE Corporation has assigned a total of 218,091 KONE class B shares to the key 398 employees of the KONE share-based incentive programs as a reward payment for the 2019-2020 earnings period.

A total of 9,518 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 program for 2020.

The handover date for the shares was February 3, 2022. After the transfer, KONE Corporation holds 11,224,952 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 2021, KONE had annual sales of EUR 10.5 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