KONE Oyj

Major Shareholding Notification • Mar 13, 2017

Disclosure 350122

KONE Oyj - Major shareholder announcements

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation, stock exchange release, March 13, 2017 at 12.45 p.m. EET KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 KONE Corporation has received an announcement from The Capital Group Companies, Inc. on March 10, 2017, in accordance with the Finnish Securities Market Act Chapter 9, Section 10. According to the announcement, the total number of KONE Corporation shares owned by The Capital Group Companies, Inc. and its funds decreased below five (5) per cent of the share capital of KONE Corporation on March 9, 2017. Total position of The Capital Group Companies, Inc. and its funds subject to the notification: +-----------------+------------+----------------+------------+-----------------+ | | |% of shares and | | | | |% of shares |voting rights | |Total number of | | |and voting |through |% of total |shares and voting| | |rights |financial | |rights of issuer | | | |instruments | | | +-----------------+------------+----------------+------------+-----------------+ |Resulting |4.852% of | |4.852% of | | |situation on the |shares | |shares |526,168,882 | |date on which the|2.106% of |0.000% |2.106% of |shares | |threshold was |voting | |voting |121,204,729 | |crossed or |rights | |rights |voting rights | |reached | | | | | +-----------------+------------+----------------+------------+-----------------+ |Position of |5.384% of | |5.384% of | | |previous |shares | |shares | | |notification (if |2.325% of |0.000% |2.325% of | | |applicable) |voting | |voting | | | |rights | |rights | | +-----------------+------------+----------------+------------+-----------------+ Notified details of the resulting situation on the date on which the threshold was crossed: A: shares and voting rights +-------------------+------------------------------+---------------------------+ |Class / type of |Number of shares and voting |% of shares and voting | |shares |rights |rights | +-------------------+-------------+----------------+------------+--------------+ | |Direct (SMA |Indirect (SMA |Direct (SMA |Indirect (SMA | | |9:5) |9:6 and 9:7) |9:5) |9:6 and 9:7) | +-------------------+-------------+----------------+------------+--------------+ | | | | |4.852% of | |FI0009013403 |0 |25,528,202 |0.000% |shares | | | | | |2.106% of | | | | | |voting rights | +-------------------+-------------+----------------+------------+--------------+ |SUBTOTAL A |25,528,202 |4.852% of shares | | | |2.106% of voting rights | +-------------------+------------------------------+---------------------------+ For further information, please contact: Sanna Kaje, Vice President, Investor Relations, tel. +358 (0)204 75 4705 Sender: KONE Corporation Jukka Ala-Mello 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 2016, KONE had annual net sales of EUR 8.8 billion and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com []