通力集團年度股東大會及董事會決議與年度股東大會相關事宜

2020年2月25日，通力集團年度股東大會在芬蘭赫爾辛基舉行。大會通過了財務報表，討論了管理層的薪酬制度，并免除對財務年度2019年1月1日至12月31日期間有關責任方的責任。

股東大會通過了紅利分配的決議，決定按照董事會的提議，對76,208,712股A級股（優先股）每股分紅1.6975歐元，對441,851,042股B級流通股（普通股）每股分紅1.70元。股權登記日是2020年2月27日，紅利發放日為2020年3月5日。

股東大會批準了董事會主席、副主席、董事會成員的年薪分別是60000歐元、50000歐元及45000歐元。另外，對董事會和委員會成員給予500歐元的參會補助，且對非定居在芬蘭的委員會主席，每次參會，給與3000歐元的費用補償；對非定居在芬蘭的委員，每次參會，則給與2000歐元的費用補償。董事會成員的年薪中， 40%以通力集團的B級股票支付，其余為現金。

年度股東大會的其他決議

股東大會同意授權董事會回購通力集團股份。此外，股東大會還同意授權董事會根據《芬蘭公司法案》第一章第10節發行股票、股票期權以及其他與股票相關的特殊權利等。該兩項授權有效期均至下一年的股東大會結束之時，即最遲不晚于2021年6月30日。

董事會的有關決議

年度股東大會結束后，通力集團董事會召開了會議，會上選舉了董事會成員Antti Herlin為董事會主席， Jussi Herlin為董事會副主席。

Ravi Kant被選為審計委員會主席，Anne Brunila、Antti Herlin和Jussi Herlin為副主席。其中Anne Brunila和Ravi Kant獨立于公司和其他大股東。

Antti Herlin被提名為薪酬委員會主席，Matti Alahuhta、Jussi Herlin和Juhani Kaskeala為委員會成員。Matti Alahuhta和Juhani Kaskeala獨立于公司和其他大股東。

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.