KONE Oyj

Major Shareholding Notification • Feb 1, 2019

Disclosure 368012

KONE Oyj - Major shareholder announcements

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

KONE Corporation, stock exchange release, February 1, 2019 at 6.00 p.m. EET KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 KONE Corporation has received an announcement from BlackRock, Inc. on February 1, 2019, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds excluding financial instruments according to SMA 9:6a increased to five (5) per cent of the total number of shares of KONE Corporation on January 31, 2019. The total number of shares including financial instruments according to SMA 9:6a owned by BlackRock, Inc. and its funds remained above five (5) per cent of the total number of shares of KONE Corporation on January 31, 2019. Total position of BlackRock, 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 |5.00% shares| |5.44% |528,092,667 | |situation on the | |0.44% shares |shares |shares | |date on which the |Below 5% | | | | |threshold was |voting |Below 5% voting |Below 5% |121,397,108 | |crossed or reached|rights |rights |voting |voting rights | | | | |rights | | +------------------+------------+----------------+-----------+-----------------+ | |4.99% shares| |5.31% | | |Position of | |0.32% shares |shares | | |previous |Below 5% | | | | |notification (if |voting |Below 5% voting |Below 5% | | |applicable) |rights |rights |voting | | | | | |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) | +-------------------+------------+-----------------+------------+--------------+ | | |26,416,730 shares| |5.00% shares | |FI0009013403 | | | | | | | |Below 5% voting | |Below 5% | | | |rights | |voting rights | +-------------------+------------+-----------------+------------+--------------+ | |26,416,730 shares |5.00% shares | |SUBTOTAL A | | | | |Below 5% voting rights |Below 5% voting rights | +-------------------+------------------------------+---------------------------+ B: Financial instruments according to SMA 9:6a: +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |% of | |Type of |Expiration |Exercise / |Physical or |Number of |shares | |financial |date |Conversion |cash |shares and |and | |instrument | |Period |settlement |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.01% | | | | | |99,810 shares|shares | |Depositary | | | | | | |Receipt |N/A |N/A |Physical |Below 5% |Below | | | | | |voting rights|5% | | | | | | |voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.41% | | | | | |2,313,580 |shares | |Securities | | | |shares | | |Lent |N/A |N/A |Physical | |Below | | | | | |Below 5% |5% | | | | | |voting rights|voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.00% | | | | | |26,080 shares|shares | | | | | | | | |CFDs |N/A |N/A |Cash |Below 5% |Below | | | | | |voting rights|5% | | | | | | |voting | | | | | | |rights | +-------------+-------------+-------------+-------------+-------------+--------+ | | | | | |0.44% | | | | | |2,339,470 |shares | | | | | |shares | | |SUBTOTAL B | | | | |Below | | | | | |Below 5% |5% | | | | | |voting rights|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 2018, KONE had annual sales of EUR 9.1 billion, and at the end of the year over 57,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com []