KONE Corporation: Managers' Transactions KONE C

KONE Corporation, managers' transactions, December 5, 2017 at 10.30 a.m. EEST ____________________________________________ Person subject to the notification requirement Name: Holding Manutas Oy Position: Closely associated person (X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer Name: Herlin, Antti Position: Member of the Board Issuer: KONE Oyj LEI: 2138001CNF45JP5XZK38 Notification type: INITIAL NOTIFICATION Reference number: 2138001CNF45JP5XZK38_20171205081850_2 ____________________________________________ Transaction date: 2017-12-04 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 4,042 Unit price: 44.05149 EUR (2): Volume: 6,883 Unit price: 43.84784 EUR (3): Volume: 8,033 Unit price: 43.96663 EUR (4): Volume: 7,165 Unit price: 43.95278 EUR (5): Volume: 7,272 Unit price: 43.95966 EUR (6): Volume: 6,751 Unit price: 43.99407 EUR Aggregated transactions (6): Volume: 40,146 Volume weighted average price: 43.95569 EUR ____________________________________________ Transaction date: 2017-12-04 Venue: BATS CHI-X EUROPE -CXE ORDER BOOKS (CHIX) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 215 Unit price: 44.05093 EUR (2): Volume: 537 Unit price: 43.83453 EUR (3): Volume: 1,107 Unit price: 43.9728 EUR (4): Volume: 1,562 Unit price: 43.95647 EUR (5): Volume: 1,171 Unit price: 43.95748 EUR (6): Volume: 1,575 Unit price: 43.98784 EUR Aggregated transactions (6): Volume: 6,167 Volume weighted average price: 43.96028 EUR ____________________________________________ Transaction date: 2017-12-04 Venue: TURQUOISE (TRQX) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 20 Unit price: 44.034 EUR (2): Volume: 617 Unit price: 43.79997 EUR (3): Volume: 718 Unit price: 43.97542 EUR (4): Volume: 1,014 Unit price: 43.93535 EUR (5): Volume: 1,260 Unit price: 43.95709 EUR (6): Volume: 1,274 Unit price: 43.98679 EUR Aggregated transactions (6): Volume: 4,903 Volume weighted average price: 43.94354 EUR ____________________________________________ Transaction date: 2017-12-04 Venue: BATS CHI-X EUROPE -BXE ORDER BOOKS (BATE) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 44 Unit price: 44.05545 EUR (2): Volume: 119 Unit price: 43.82706 EUR (3): Volume: 142 Unit price: 43.96986 EUR (4): Volume: 259 Unit price: 43.97193 EUR (5): Volume: 297 Unit price: 43.94973 EUR (6): Volume: 400 Unit price: 43.98675 EUR Aggregated transactions (6): Volume: 1,261 Volume weighted average price: 43.96041 EUR ____________________________________________ Transaction date: 2017-12-04 Venue: UBS MTF (XUBS) Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 1,301 Unit price: 43.735 EUR Aggregated transactions (1): Volume: 1,301 Volume weighted average price: 43.735 EUR ____________________________________________ Transaction date: 2017-12-04 Venue: JPMX Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 543 Unit price: 43.76 EUR (2): Volume: 459 Unit price: 44.045 EUR Aggregated transactions (2): Volume: 1,002 Volume weighted average price: 43.89055 EUR ____________________________________________ Transaction date: 2017-12-04 Venue: TRQM Instrument type: SHARE ISIN: FI0009013403 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 5,220 Unit price: 44.08 EUR Aggregated transactions (1): Volume: 5,220 Volume weighted average price: 44.08 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 2016, KONE had annual net sales of EUR 8.8 billion, and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com