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Investor Presentaiton

BOARD OF DIRECTORS' REPORT Shares and share capital Share capital and market capitalization Number of class B shares Number of class A shares Total shares Treasury shares Share capital, EUR Market capitalization, MEUR* Dec 31, 2022 453,187,148 Dec 31, 2021 453,187,148 76,208,712 529,395,860 76,208,712 529,395,860 12,306,640 11,433,525 66,174,483 66,174,483 24,975 32,652 *Market capitalization is calculated on the basis of both the listed B shares and the unlisted A shares excluding treasury shares. Class A shares are valued at the closing price of the class B shares at the end of the reporting period. Treasury shares Treasury shares at the beginning of the period Changes in treasury shares during the period Treasury shares at the end of the period 1-12/2022 11,433,525 873,115 12,306,640 At the end of December 2022, the Group had 12,306,640 class B shares in its possession. The shares in the Group's possession represent 2.7% of the total number of class B shares. This corresponds to 1.0% of the total voting rights. During the fourth quarter, KONE completed the repurchase of the company's own class B shares, which started on November 3, 2022 and ended on November 15, 2022. A total of 1,083,500 own shares were repurchased for an average price of EUR 46.1051 per share. The shares were repurchased in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. The shares were repurchased on the basis of the authorization given by the Annual General Meeting on March 1, 2022 and will be used as a part of share-based incentive plans of KONE. 32 KONE ANNUAL REVIEW 2022
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