Konecranes Oyj — Major Shareholding Notification 2017

May 25, 2017

Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONECRANES PLC STOCK EXCHANGE RELEASE May 25 17, 2017 at 18.00 EET

Konecranes has on May 25, 2017, received a notification under Chapter 9,
Section 5 of the Securities Market Act, according to which the total holding of
BlackRock, Inc. in Konecranes Plc’s shares and votes has exceeded 10 percent.
On May 24, 2017, Blackrock Inc.’s total holding through shares and financials
instruments amounted to 11.13 percent of Konecranes Plc’s shares and votes.

Total positions of BlackRock, Inc.:

                    % of        % of shares and     Total    Total number of
                     shares      voting rights       of       shares and    
                     and         through financial   both     voting rights 
                     voting      instruments (B)     in %     of issuer     
                     rights                          (A+B)                  
                     (A)

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Resulting situation of 9.76% 1.36% 11.13% 82,872,342
the date on which the
threshold was crossed
of reached

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Position of previous 7.69% 0.74% 8.44%
notification

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Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: shares and voting rights

Class/type Number of shares Number of shares % of shares and % of shares and
of shares and voting and voting voting rights voting rights
ISIN code rights rights

---

        Direct (SMA 9:5)  Indirect (SMA     Direct (SMA      Indirect (SMA  
                           9:6 and 9:7)      9:5)             9:6 and 9:7)

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FI00090058 8,096,353 9.76%
70

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SUBTOTAL A 8,096,353 9.76%

B: Financial instruments according to SMA 9:6a

Type of Expirat Exercise/Con Physical or Number of % of shares
financial ion version cash shares and and voting
instrument date Period settlement voting rights rights

---

Securities N/A N/A Physical 493,381 0.59%
Lent

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CFD N/A N/A Cash 635,235 0.76%

SUBTOTAL B 1,128,616 1.36%

The disclosure obligation arose due to total holding in shares and voting
rights for BlackRock, Inc. going above 10 percent.

Name % of shares and % of shares and voting rights Total
voting rights through financial instruments of both

---

BlackRock Investment 8.60% 1.03% 9.63%
Management (UK)
Limited

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KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations

FURTHER INFORMATION
Mr. Miikka Kinnunen, Vice President, Investor Relations, tel. +358 (0) 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 of all makes. In 2016,
Group (comparable combined company) sales totaled EUR 3,278 million. The Group
has 17,000 employees at 600 locations in 50 countries. Konecranes class A
shares are listed on the Nasdaq Helsinki (symbol: KCR).

DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com