KONE Corporation, managers' transactions, April 28, 2020, at 3.45 p.m. EEST KONE Corporation: Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: HERLIN, ANTTI Position: Member of the Board/Deputy member Issuer: KONE CORPORATION LEI: 2138001CNF45JP5XZK38 Notification type: INITIAL NOTIFICATION Reference number: 2138001CNF45JP5XZK38_20200427095506_2 ____________________________________________ Transaction date: 2020-04-28 Venue not applicable Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION Transaction details (1): Volume: 468 Unit price: 0 EUR Aggregated transactions (1): Volume: 468 Volume weighted average price: 0 EUR For further information, please contact: Sanna Kaje, Vice President, Investor Relations, tel. +358 204 75 4705 Sender: KONE Corporation Jukka Ala-Mello Secretary to the Board Ilkka Hara CFO About KONE At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2019, KONE had annual sales of EUR 10 billion, and at the end of the year approximately 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com