Regulatory press release

KONE Oyj: Decisions taken by KONE Corporation's Board of Directors

KONE Corporation, stock exchange release, March 5, 2025 at 03.00 p.m. EET

Decisions taken by KONE Corporation's Board of Directors

At its meeting held after the Annual General Meeting today, on March 5, 2025, the Board of Directors of KONE Corporation elected from among its members Antti Herlin as its Chairman and Jussi Herlin as Vice Chair.

Marika Fredriksson was elected as Chair of the Audit Committee and Susan Duinhoven, Jussi Herlin and Timo Ihamuotila as members of the Audit Committee. Marika Fredriksson, Susan Duinhoven and Timo Ihamuotila are independent of both the company and of significant shareholders.

Jussi Herlin was elected as Chair of the Nomination and Compensation Committee and Matti Alahuhta, Susan Duinhoven and Antti Herlin as members of the Nomination and Compensation Committee. Matti Alahuhta and Susan Duinhoven are independent of both the company and of significant shareholders.

For further information, please contact:

Natalia Valtasaari, Vice President, Investor Relations, tel. +358 204 75 4705

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 2024, KONE had annual sales of EUR 11 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.