通力集团年度股东大会及董事会决议与年度股东大会相关事宜

2020年2月25日，通力集团年度股东大会在芬兰赫尔辛基举行。大会通过了财务报表，讨论了管理层的薪酬制度，并免除对财务年度2019年1月1日至12月31日期间有关责任方的责任。

股东大会通过了红利分配的决议，决定按照董事会的提议，对76,208,712股A级股（优先股）每股分红1.6975欧元，对441,851,042股B级流通股（普通股）每股分红1.70元。股权登记日是2020年2月27日，红利发放日为2020年3月5日。

股东大会批准了董事会主席、副主席、董事会成员的年薪分别是60000欧元、50000欧元及45000欧元。另外，对董事会和委员会成员给予500欧元的参会补助，且对非定居在芬兰的委员会主席，每次参会，给与3000欧元的费用补偿；对非定居在芬兰的委员，每次参会，则给与2000欧元的费用补偿。董事会成员的年薪中， 40%以通力集团的B级股票支付，其余为现金。

年度股东大会的其他决议

股东大会同意授权董事会回购通力集团股份。此外，股东大会还同意授权董事会根据《芬兰公司法案》第一章第10节发行股票、股票期权以及其他与股票相关的特殊权利等。该两项授权有效期均至下一年的股东大会结束之时，即最迟不晚于2021年6月30日。

董事会的有关决议

年度股东大会结束后，通力集团董事会召开了会议，会上选举了董事会成员Antti Herlin为董事会主席， Jussi Herlin为董事会副主席。

Ravi Kant被选为审计委员会主席，Anne Brunila、Antti Herlin和Jussi Herlin为副主席。其中Anne Brunila和Ravi Kant独立于公司和其他大股东。

Antti Herlin被提名为薪酬委员会主席，Matti Alahuhta、Jussi Herlin和Juhani Kaskeala为委员会成员。Matti Alahuhta和Juhani Kaskeala独立于公司和其他大股东。

Decisions taken by KONE Corporation's Annual General Meeting and Board of Directors

Matters relating to the Annual General Meeting

KONE Corporation's Annual General Meeting was held in Helsinki on February 25, 2020. The meeting approved the financial statements, considered the Remuneration Policy for governing bodies and discharged the responsible parties from liability for the financial period January 1-December 31, 2019.

The General Meeting approved dividends in line with the Board of Director's proposal of EUR 1.6975 for each of the 76,208,712 class A shares and EUR 1.70 for each of the outstanding441,851,042class B shares. The date of record for dividend distribution is February 27, 2020 and dividends will be payable on March 5, 2020.

The General Meeting confirmed an annual compensation of EUR 60,000 for the Chairman of the Board, EUR 50,000 for the Vice Chairman and EUR 45,000 for Board Members. In addition, a compensation of EUR 500 was approved for attendance at Board and Committee meetings but anyhow a fee ofEUR 3,000 is paid per Committee meeting for a Chairman of the Committee residing outside of Finland and a fee of EUR 2,000 is paid per Committee meeting for those members residing outside of Finland. Of the annual remuneration, 40 percent will be paid in class B shares of KONE Corporation and the rest in cash.

Other decisions by the General Meeting

The General Meeting approved the authorization for the Board of Directors to repurchase KONE's own shares. Furthermore, the General Meeting authorized the Board of Directors to decide on the issuance of shares as well as the issuance of options and other special rights entitling to shares referred to in chapter 10 section 1 of the Finnish Companies Act. The authorization will be valid until the conclusion of the following annual general meeting, however, at the latest until 30 June 2021.

Decisions by the Board of Directors

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.

Ravi Kant was elected as Chairman and Anne Brunila, Antti Herlin and Jussi Herlin 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.