KONE Oyj

AGM Information • Feb 28, 2023

Disclosure 428967

KONE Oyj - Other information disclosed according to the rules of the Exchange

Decisions by KONE Corporation's Board of Directors

KONE Corporation, stock exchange release, February 28, 2023 at 1.45 p.m. EET Decisions taken by KONE Corporation's Board of Directors At its meeting held after the General Meeting today, on February 28, 2023, the Board of Directors of KONE Corporation elected from among its members Antti Herlin as its Chairman and Jussi Herlin as Vice Chair. Susan Duinhoven was elected as Chair and Matti Alahuhta, Marika Fredriksson and Jussi Herlin as members of the Audit Committee. Susan Duinhoven, Matti Alahuhta and Marika Fredriksson are independent of both the company and of significant shareholders. Jussi Herlin was elected as Chair and Matti Alahuhta, Antti Herlin and Ravi Kant as members of the Nomination and Compensation Committee. Matti Alahuhta and Ravi Kant are independent of both the company and of significant shareholders. For further information, please contact: Natalia Valtasaari, Head of Investor Relations, tel. +358 204 75 4705 Sender: KONE Corporation Johannes Frände General Counsel, 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 2022, KONE had annual sales of EUR 10.9 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