KONE Oyj

Share Issue/Capital Change • Feb 13, 2025

Disclosure 454860

KONE Oyj - Changes in company's own shares

KONE Corporation's long-term incentive plan: transfer of shares and change in holding of treasury shares

KONE Corporation, stock exchange release, February 13, 2025, at 03:00 p.m. EET KONE Corporation's long-term incentive plan: transfer of shares and change in holding of treasury shares The Board of Directors of KONE Corporation has decided on 29 January, 2025, based on the authorization given by the company's annual general meeting in 2024, on a directed share issue without consideration to pay the share reward under the company's performance based long-term incentive plan 2022-2024. In the share issue on 13 February 2025, KONE Corporation has assigned a total of 253,248 KONE class B shares held by the company to 402 key employees participating in the Group's performance based long-term incentive plan's performance period 2022-2024. The shares assigned constitute the share portion of the reward payments. The shares were transferred on 13 February, 2025. After the transfer, KONE Corporation holds 11,564,020 of its own class B shares. For further information, please contact: Kaija Bridger, Executive Vice President, People & Communications, tel. +358 20 475 4292 Sender: KONE Corporation Niina Vilske Secretary to the Board Kaija Bridger Executive Vice President, People & Communications About KONE At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2024, KONE had annual sales of EUR 11 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com