KONE Oyj in its AGM held on February 26, 2018, approved dividends in line with the Board of Director's proposal of EUR 1.6475 for each of the 76,208,712 class A shares and EUR 1.65 for each of the outstanding 438,568,899 class B shares. The date of record for dividend distribution is February 28, 2018 and dividends will be payable on March 7, 2018.

At its meeting held after the General Meeting, the Board of Directors elected from among its members Antti Herlin as its Chairman and Jussi Herlin as Vice Chairman. Jussi Herlin was elected as Chairman and Anne Brunila, Antti Herlin and Ravi Kant as members of the Audit Committee. Anne Brunila and Ravi Kant are independent of both the company and of significant shareholders. Antti Herlin was elected as Chairman and Matti Alahuhta, Jussi Herlin and Juhani Kaskeala as members of the Nomination and Compensation Committee. Matti Alahuhta and Juhani Kaskeala are independent of both the company and of significant shareholders.