KONE Corporation announced that at its meeting held after the Annual General Meeting on February 29, 2024, the board of directors of the company elected Marika Fredriksson as Chair of the Audit Committee and Susan Duinhoven, Jussi Herlin and Timo Ihamuotila as members of the Audit Committee. Marika Fredriksson, Susan Duinhoven and Timo Ihamuotila are independent of both the company and of significant shareholders. Jussi Herlin was elected as Chair of the Nomination and Compensation Committee and Matti Alahuhta, Antti Herlin and Susan Duinhoven as members of the Nomination and Compensation Committee.

Matti Alahuhta and Susan Duinhoven are independent of both the company and of significant shareholders.