KONE Oyj - Changes board/management/auditors

KONE appoints Thomas Hinnerskov as Executive Vice President and Member of the Executive Board

KONE Corporation, stock exchange release, April 26, 2016 at 2:00 p.m. EEST

KONE appoints Thomas Hinnerskov as Executive Vice President and Member of the
Executive Board

Thomas  Hinnerskov (45) has been  appointed Executive Vice President responsible
for  Central and North  Europe. He will  be a Member  of the Executive Board and
will  report to  Henrik Ehrnrooth,  President and  CEO, KONE Corporation. Thomas
Hinnerskov will join KONE latest on October 1, 2016.

Thomas  Hinnerskov succeeds Noud Veeger, who  recently left KONE to pursue other
interests  outside  the  company.  In  the  interim, Klaus Cawén, Executive Vice
President for M & A and Strategic Alliances, Legal Affairs, and Russia will head
KONE's Central and North Europe area.

Thomas  Hinnerskov joins KONE  from ISS A/S,  a global leading facility services
provider,  where  he  is  part  of  the  Executive Group Management. He has held
several  country  and  regional  senior  management  positions  within ISS, most
recently  as Regional CEO  of Western Europe  and prior to  that Regional CEO of
Asia  Pacific. Prior  to joining  ISS in  2003, he worked  at McKinsey and Gudme
Raaschou  investment bank. Thomas Hinnerskov holds a MSc, Finance and Accounting
from Copenhagen Business School.

"I very much look forward to have Thomas join KONE. He has a strong track record
in  delivering profitable  growth in  service businesses  in multiple geographic
locations  through developing customer  focused organizations. Thomas' strengths
fit very well in with our strategic objectives," says Henrik Ehrnrooth.

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

Kerttu Tuomas
Executive Vice President
Human Resources

KONE as a company

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  2015, KONE  had  annual  net sales of EUR 8.6
billion,  and at  the end  of the  year close  to 50,000 employees. KONE class B
shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com


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