Konecranes Oyj — Major Shareholding Notification 2017

Jan 9, 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 January 9, 2017 at 08:30 EET

Konecranes has on January 6, 2017, received a notification under Chapter 9,
Section 5 of the Securities Market Act according to which the holding of
Polaris Capital Management LLC in Konecranes Plc’s shares and votes has
decreased below 5 percent due to dilution related to Konecranes Plc’s share
issue.

Total positions of Polaris Capital Management LLC on January 5, 2017:

                    % 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 4.34% - 4.34% 82,872,342
the date on which the
threshold was crossed
of reached

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Position of previous 5.01% - 5.01% -
notification

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

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

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        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 - 3,597,639 - 4.34%
70

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TOTAL - 3,597,639 - 4.34%

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. The Group has
18,000 employees at 600 locations in 50 countries. Konecranes class A share is
listed on Nasdaq Helsinki (symbol: KCR).

DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com