KONE Corporation announced on January 31, 2025, that it received a notification from BlackRock, Inc. regarding an increase in its shareholding in KONE Corporation. As of January 30, 2025, BlackRock and its funds own over 5% of KONE's share capital. The details of the shareholding indicate a total position of 5.01% in shares, with voting rights below 5%. KONE Corporation, a leader in the elevator and escalator industry, reported annual sales of EUR 11.0 billion in 2024 and employs over 60,000 people globally. KONE's class B shares are listed on Nasdaq Helsinki Ltd. For more information, contact Natalia Valtasaari, Vice President of Investor Relations.

KONE Corporation reported a manager's transaction involving Joe Bao, a senior manager, on January 31, 2025. The transaction, which took place outside a trading venue, involved the receipt of a share-based incentive of 9,852 shares, with no unit price specified. For more details, Natalia Valtasaari, Head of Investor Relations, can be contacted. KONE is a leading company in the elevator and escalator industry, with 2024 sales of EUR 11.0 billion and over 60,000 employees worldwide. KONE class B shares are listed on Nasdaq Helsinki Ltd.

On January 31, 2025, KONE Corporation reported a manager's transaction involving Axel Berkling, a senior manager. The transaction, which was an initial notification, took place outside a trading venue and involved the receipt of a share-based incentive. The transaction volume was 4,776 shares, with a unit price of zero. KONE is a global leader in the elevator and escalator industry, with 2024 sales of EUR 11.0 billion and over 60,000 employees worldwide. KONE's class B shares are listed on Nasdaq Helsinki Ltd. For more details, contact Natalia Valtasaari, Head of Investor Relations.

KONE Corporation announced a directed share issue on January 31, 2025, transferring a total of 50,484 class B shares to participants in its Restricted Share Plans for 2022, 2023, and 2024. This decision, made by the Board of Directors on January 29, 2025, follows authorization from the company's 2024 annual general meeting. After this transfer, KONE holds 11,817,268 of its own class B shares. KONE is a global leader in the elevator and escalator industry, with 2024 annual sales of EUR 11.0 billion and over 60,000 employees worldwide. KONE's class B shares are traded on Nasdaq Helsinki Ltd.

KONE Corporation announced on January 30, 2025, that BlackRock, Inc. has informed them of a change in their shareholding. As of January 29, 2025, BlackRock's ownership in KONE Corporation fell below 5% of the company's share capital and voting rights. This notification is in compliance with the Finnish Securities Market Act. For more information, Natalia Valtasaari, Vice President of Investor Relations, can be contacted. KONE is a leading company in the elevator and escalator industry, with significant global operations and is listed on the Nasdaq Helsinki Ltd.

KONE Corporation announced the initiation of new performance periods for its long-term incentive plans. On January 29, 2025, the Board of Directors approved a performance-based long-term incentive plan for 2025-2027 and a Restricted Share Plan for 2025, following their long-term incentive structure from January 2021. The performance-based plan includes annual individual share plans with a three-year performance period, aiming to support long-term value creation and align shareholder and management interests. The 2025-2027 period involves around 600 participants, with criteria based on adjusted EBIT margin, sales growth, and a sustainability index. The maximum reward is 1,017,579 KONE class B shares, with rewards distributed as shares and cash to cover taxes in spring 2028. The Restricted Share Plan serves as a commitment tool for recruitment and retention, offering up to 81,250 KONE class B shares, contingent on continued employment. KONE is a global leader in the elevator and escalator industry, with 2024 sales of EUR 11.0 billion and over 60,000 employees worldwide. KONE class B shares are listed on Nasdaq Helsinki Ltd.