KONE Oyj - Changes in company's own shares

Change in KONE Corporation's holding of treasury shares

KONE Corporation, stock exchange release, April 25, 2024 at 4:40 p.m. EEST

Change in KONE Corporation's holding of treasury shares

KONE Corporation has assigned a total of 9,027 KONE class B shares to the
members of KONE Corporation's Board of Directors as a part of the board members'
annual remuneration according to the decision of the Annual General Meeting on
February 29, 2024.

The handover date for the shares was April 25, 2024. After the transfer, KONE
Corporation holds 11,869,230 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
Johannes Frände
General Counsel, 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 2023, KONE had annual sales of EUR 11.0 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