KONE Oyj - Changes board/management/auditors

Changes in the KONE Executive Board

KONE Corporation, stock exchange release, May 6, 2024, at 4:00 p.m. EEST

Changes in the KONE Executive Board

Kaija Bridger has been appointed Executive Vice President, People &
Communications, and a member of the Executive Board at KONE as of July 1, 2024.
She will report to Philippe Delorme, President and CEO, KONE Corporation.

Kaija succeeds Susanne Skippari, who has served as Executive Vice President,
People & Communications, and as a member of the Executive Board since 2017.
Susanne has decided to leave KONE for a position outside the company.

Kaija began her career at KONE in 2015 and has held various leadership positions
in People & Communications, and formerly in Human Resources. She currently
serves as Vice President, People & Communications for KONE Asia-Pacific, Middle
East, and Africa, and before that she led Talent Management and Culture at KONE.


“I want to warmly welcome Kaija to the Executive Board. She will bring with her
a lot of courage and care, strong business acumen and experience from leading
transformations. I also want to thank Susanne for her valuable contribution to
KONE over the past 17 years. During that time, Susanne has, together with her
team and colleagues, achieved great results regarding our strategic target of
making KONE a great place to work. I wish her success in her new position" says
Philippe Delorme, President and CEO of KONE.

For more information, please contact:

Media:
Hanna Rutanen, Senior Vice President, Communications, tel. +358 41 507 1361

Investors:
Sanna Kaje, Vice President, Investor Relations, tel. +358 20 475 0031

Sender:

KONE Corporation

Philippe Delorme
President and CEO

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