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

KONE Corporation, stock exchange release, November 4, 2024 at 07:00 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 November 4, 2024, 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 increased to above five (5) per cent of the share capital of KONE Corporation on November 1, 2024. 

Total position of BlackRock, Inc. and its funds subject to the notification: 

% of % of shares Total Total number of shares
shares and voting of and voting rights of
and rights both issuer
voting through in %
rights financial
instruments
Resulting 4.86% 0.16% shares 5.02% 529,395,860 shares
situation on the shares shares
date on Below 5% 121,527,427 voting rights
which threshold Below voting rights Below
was crossed or 5% 5%
reached voting voting
rights rights
Position of Below  Below  5% Below 
previous 5% shares 5%
notification shares shares
(if applicable) Below  5%
Below  voting rights Below 
5% 5%
voting voting
rights rights

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

A: shares and voting rights

Class/type Number of % of shares
of shares and and voting
shares voting rights
ISIN code rights
Direct Indirect (SMA Direct (SMA Indirect (SMA
(SMA 9:5) 9:6 and 9:7) 9:5) 9:6 and 9:7)
FI0009013403 25,744,120 4.86% shares
shares
Below 5%
Below 5% voting rights
voting rights
SUBTOTAL A 25,744,120 4.86%
shares shares

Below 5% Below 5%
voting voting
rights rights

B: Financial instruments according to SMA 9:6a:

Type of Expiration Exercise / Physical Number % of shares
financial date Conversion or of and voting
instrument Period cash shares rights
settlement and
voting
rights
American N/A N/A Physical 286,120 0.05% shares
Depositary Shares
Receipt Below 5%
(US50048H1014) Below 5% voting rights
voting
rights
Securities N/A N/A Physical 571,650 0.10% shares
Lent Shares
Below 5%
Below 5% voting rights
voting
rights
SUBTOTAL B 857,770 0.16% shares
Shares
Below 5%
Below 5% voting rights
voting
rights

For further information, please contact:
Sanna Kaje, Vice President, Investor Relations, tel. +358 204 75 0031

Sender:
KONE Corporation

Ilkka Hara
CFO

About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2023, KONE had annual sales of EUR 11.0 billion, and at the end of the year over 60,000 employees in more than 60 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com