In the first meeting of the Board of Directors of Konecranes Plc after the Annual General Meeting the Board of Directors elected Mr. Christoph Vitzthum as Chairman of the Board and Mr. Ole Johansson as Vice Chairman of the Board. In accordance with the previous practice, the Board of Directors has an Audit Committee, a Nomination Committee and a Human Resources Committee. Ulf Liljedahl was elected as Chairman of the Audit Committee, and Ole Johansson and Päivi Rekonen as Committee members. Bertel Langenskiöld was elected as Chairman of the Human Resources Committee, and Janina Kugel and Christoph Vitzthum as Committee members. Christoph Vitzthum was elected Chairman of the Nomination Committee, and Ole Johansson and Ulf Liljedahl as Committee members. Ms. Janina Kugel, Mr. Ulf Liljedahl, Mr. Per Vegard Nerseth, Mr. Anders Nielsen, Ms. Päivi Rekonen and Mr. Christoph Vitzthum, are deemed to be independent of the company and any significant shareholders. While Mr. Ole Johansson and Mr. Bertel Langenskiöld are deemed to be independent of the company, they are deemed to be dependent of a significant shareholder of the company based on their positions as the current Chairman of the Board of Directors and previous Managing Director of Hartwall Capital Oy Ab, respectively.