Konecranes Oyj — Board/Management Information 2016

Apr 27, 2016

Changes in Konecranes Executive Board

Changes in Konecranes Executive Board

KONECRANES PLC STOCK EXCHANGE RELEASE April 27, 2016 at 9:10

Konecranes’ President and CEO Panu Routila will assume the position of Head of
Business Area Equipment in addition to his existing duties as of May 1, 2016.

Ryan Flynn, Executive Vice President and Head of Business Area Equipment, has
announced that he is leaving Konecranes to pursue other interests. He will
continue working for Konecranes until May 31, 2016, ensuring smooth transition
of his responsibilities to his successor.

"I want to thank Ryan Flynn for his contribution to Konecranes’ Group Executive
Board and leading Business Area Equipment over the past 2 years. During this
time he has implemented various restructuring of operations and thus reducing
our overall cost structure, implementing our strategic initiatives as well as
developing the future organization. I warmly wish Ryan all the best in his
future endeavors", says Panu Routila, President and CEO of Konecranes Plc.

As of May 1, 2016, the Group Executive Board will consist of the following
members:

Panu Routila, President and CEO
Teo Ottola, CFO
Fabio Fiorino, Executive Vice President, Head of Business Area Service
Mikko Uhari, Executive Vice President, Strategy and Technology
Juha Pankakoski, Chief Digital Officer
Timo Leskinen, Senior Vice President, Human Resources

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations

FURTHER INFORMATION
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc,
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 2015, Group sales totaled EUR 2,126 million. The Group has 11,600
employees at 600 locations in 48 countries. Konecranes is listed on the Nasdaq
Helsinki (symbol: KCR1V).

DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com