Konecranes Oyj - Company Announcement

KONECRANES PLC KEY EMPLOYEES’ PERFORMANCE-BASED SHARE PLAN 2015

KONECRANES PLC  STOCK EXCHANGE RELEASE  February 4, 2015 at 10.00

In 2012, the Board of Directors of Konecranes Plc resolved to implement a
performance share plan according to which earning reward is based on attainment
of targets determined by the Board of Directors. The aim of the plan was to
combine the objectives of the shareholders and key employees in order to
increase the value of the Company, to commit key employees to the Company, and
to offer them a competitive reward plan based on long-term shareholding in the
Company. 

The Board of Directors of Konecranes Plc has resolved on a new three-year plan
with the same aim. The plan consists of one three-year discretionary period.
Earning during the three-year discretionary period beginning on 1 January 2015
will be based on the Konecranes Group´s cumulative EPS excluding restructuring
costs. The potentially earned reward will be paid in spring 2018. If a key
employee's employment or service ends before the end of the discretionary
period, no reward will be paid on the basis of such discretionary period. 

The target group of the Plan consists of approximately 180 people. The rewards
to be paid on the basis of the discretionary period beginning on 1 January 2015
correspond to the value of an approximate maximum total of 700,000 Konecranes
Plc shares. If the targets determined by the Board of Directors are achieved,
the reward payout will be a half of the maximum reward. The maximum reward
payout requires that the targets are clearly exceeded. 

The Board of Directors proposes to the Annual General Meeting of Shareholders
to be held on March 26, 2015, that the Board of Directors be authorized to
decide on issuance of shares or transfer of own shares needed for the
implementation of the performance share plan. 

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations



FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, tel. +358 20 427 2050



Konecranes is a world-leading group of Lifting Businesses™, serving a broad
range of customers, including manufacturing and process industries, shipyards,
ports and terminals. Konecranes provides productivity-enhancing lifting
solutions as well as services for lifting equipment and machine tools of all
makes. In 2014, Group sales totaled EUR 2,011 million. The Group has 12,000
employees at 600 locations in 48 countries. Konecranes is listed on the Nasdaq
Helsinki (symbol: KCR1V). 



DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com