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Changes in the KONE Executive Board

Stock Exchange Release Published 27/05/2014

KONE Corporation, stock exchange release, May 27, 2014 at 9.00EET

Noud Veeger has been appointed Executive Vice President responsible for Central and North Europe as of September 1, 2014. He will continue as a member of the Executive Board and report to Henrik Ehrnrooth, President and CEO of KONE Corporation.  Noud Veeger is currently responsible for KONE's business in Asia-Pacific and the Middle East.

Noud Veeger will succeed Ari Lehtoranta, who has been appointed President and CEO of Nokian Tyres plc as of September 1, 2014.
   
Neeraj Sharma, 53, has been appointed Executive Vice President, Asia-Pacific and the Middle East as of September 1, 2014. He has been Managing Director for KONE India since 2009, prior to which he served in various leadership roles at General Electric. He will become a member of the Executive Board and report to Henrik Ehrnrooth. 

Anne Korkiakoski, Executive Vice President, Global Marketing and Communications has decided to leave KONE as of August 1, 2014 to pursue other interests outside the company.  The search for a replacement has been commenced.


For further information, please contact:

Kerttu Tuomas, Executive Vice President, Human Resources, tel. +358 (0)204 75 4373

Sender:

KONE Corporation

Henrik Ehrnrooth
President and CEO
  
Tuomas Kerttu
Executive Vice President
Human Resources

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings.  KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2013, KONE had annual net sales of EUR 6.9 billion, and at the end of the year over 43,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com

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