Investor Presentaiton
CORPORATE GOVERNANCE STATEMENT
The maximum number of shares available for earning for the
Executive Board for the 2021 share-based incentive plan is
233,794 KONE class B shares (gross before deduction for
applicable taxes). The final outcome and any potential share
awards under the share-based incentive plan for the year
2021 will be confirmed in January 2024, depending on the
performance during the years 2021, 2022 and 2023.
The maximum number of shares available for earning for
the Executive Board for the 2022 share-based incentive plan
is 285,391 KONE class B shares (gross before deduction for
applicable taxes). The final outcome and any potential share
awards under the share-based incentive plan for the year
2022 will be confirmed in January 2025, depending on the
performance during the years 2022, 2023 and 2024. No
separate agreement regarding early retirement has been
made for the members of the Executive Board. The
compensation for the termination of the employment contract
prior to retirement is a maximum of 15 months' salary, which
includes the salary for a six-month term of notice.
The Executive Board members' holdings of shares are
presented in the table on the previous page.
Auditing
KONE Corporation's Auditor is audit firm Ernst & Young Oy.
The auditor-in-charge is Heikki Ilkka. The fees paid to Ernst &
Young Oy during 2022 were EUR 3.8 million for auditing and
EUR 0.3 million for tax and other services.
Insiders
The shareholding of the members of the Board of Directors,
the Management of KONE and the corporations under their
control amounted to 123,600,212 shares on December 31,
2022, which represents 23.3 % of total shares and 62.4% of
voting rights. Antti Herlin's ownership is 121,742,216 shares
and 75,679,667 votes. The individual holdings of the members
of the Board of Directors and Management of KONE, and the
changes occurred in them during the financial year, are
presented on the previous page.
Related party transactions
Except for management remuneration, there have not been
any material transactions between KONE and its members of
the Board of Directors, the President & CEO or the members
of the Executive Board including any companies controlled or
significantly influenced by them.
More information
As of July 3, 2016, the trades of KONE Board and
Management are published as stock exchange
releases.
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KONE ANNUAL REVIEW 2022View entire presentation