Konecranes Oyj — Share Issue/Capital Change 2021

Mar 30, 2021

The Board of Directors of Konecranes Plc decided to continue the Employee Share Savings Plan

The Board of Directors of Konecranes Plc decided to continue the Employee Share Savings Plan

KONECRANES PLC STOCK EXCHANGE RELEASE March 30, 2021 at 18:30 EEST
The Board of Directors of Konecranes Plc decided to continue the Employee Share
Savings Plan

Konecranes Plc has offered to its personnel an Employee Share Savings Plan (“the
Plan”) since the Annual General Meeting decided to launch one in 2012.
On the basis of interest shown by the Group employees, the Board has decided to
continue the Plan by launching a new Plan Period, beginning on July 1, 2021 and
ending on June 30, 2022. The maximum savings amount per participant during one
month is 5 percent of gross salary and the minimum is EUR 50. Each participant
will receive one free matching share for every two acquired savings shares.
Matching shares will be delivered to a participant if the participant holds the
acquired shares from the plan period until the end of the designated holding
period, February 1, 2025, and if his or her employment has not ended before this
date for reasons related to the employee. The total amount of all savings of the
commencing plan period may not exceed EUR 8.5 million. The terms and conditions
of the Plan Period 2021-2022 remain largely unchanged from the previous Plan
Periods.
An employee will participate in the Plan for one year at a time. Shares will be
acquired with the accrued savings at the market price quarterly, after the
publication dates of the Konecranes interim results, commencing in October 2021.
Any dividends paid on purchased shares during the commencing Plan period will
automatically be reinvested into additional shares on the following purchase
date. These shares will have an equal right to matching shares.
The Annual General Meeting of Shareholders held today, on March 30, 2021
authorized the Board of Directors to decide on directed share issue without
payment needed for the implementation of the Plan.

KONECRANES PLC
Kiira Fröberg

Vice President, Investor Relations

FURTHER INFORMATION
Kiira Fröberg, 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 2020, Group
sales totaled EUR 3.2 billion. The Group has around 16,900 employees in 50
countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).

DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com