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Investor Presentaiton

CORPORATE GOVERNANCE STATEMENT BOARD OF DIRECTORS Antti Herlin Chairman of the Board b. 1956, D.Sc. (Econ.) h.c., D.Arts h.c., D.Sc. (Tech) h.c. Member of the Board since 1991. Has served as Chairman of the Board since 2003. Previously served as Executive Chairman of the Board of KONE 2006- 2021, as CEO of KONE 1996-2006, and as Deputy Chairman 1996-2003. Current key positions of trust are Chairman of the Board of Security Trading Oy, Chairman of the Board of Holding Manutas Oy, and Chairman of the Board of the Tiina and Antti Herlin Foundation. Jussi Herlin Vice Chair of the Board b. 1984, M.Sc. (Econ) Member of the Board since 2012. Serves as Executive Vice Chair of the Board of KONE since 2021 and Vice Chair of the Board since 2014. Previously served as Senior Business Analyst and Strategy Development Manager at KONE 2016-2020, as Consultant at Accenture 2012-2014, and as Deputy Member of the Board of KONE Corporation 2007-2012. Current key positions of trust are Member of the Board of Security Trading Oy, Member of the Board of Holding Manutas Oy, Member of the Board of the Tiina and Antti Herlin Foundation, Member of the Board of Kaskas Media Oy, Member of the Board of the Confederation of Finnish Industries, Member of the Board of Technology Industries of Finland, and Member of the Board of the Finnish Foundation for Share Promotion. Matti Alahuhta b. 1952, D. Sc. (Tech.), D.Sc. (Tech.) h.c. Member of the Board since 2003. Previously served as President and CEO of KONE 2006- 2014, as President of KONE 2005-2006, as Executive Vice President of Nokia Corporation 2004, as President of Nokia Mobile Phones 1998-2003, and as President of Nokia Telecommunications 1993-1998. Current key positions of trust are Chairman of the Board of DevCo Partners Corporation and Member of the Board of AB Volvo. Susan Duinhoven b. 1965, Ph.D. (Physical Chemistry), B. Sc. (Physical Chemistry) Member of the Board since 2020. Serves as President and CEO of Sanoma Corporation since 2015. Previously served as CEO of Koninklijke Wegener N.V. 2013-2015, as CEO of Western Europe / CEO Netherlands at Thomas Cook Group Plc 2010-2013, as Managing Director of Benelux & New Acquisitions Europe at Reader's Digest 2008- 2010, and as CEO at De Gule Sider A/S 2005-2007. Started her career at Unilever in 1988. liris Herlin b. 1989, M.Soc.Sc., Bachelor of Natural Resources Member of the Board since 2015. Previously served as Deputy Member of the Board 2013- 2014. Current key positions of trust are Member of the Board of Security Trading Oy and Member of the Board of the Tiina and Antti Herlin Foundation. Ravi Kant b. 1944, B.Tech. (Hons.), M.Sc., D.Sc. (Hon) Member of the Board since 2014. Previously served in different positions at Tata Motors 1999- 2014 (as Managing Director and CEO 2005-2009 and after that as the Vice Chairman of the Board of Directors until 2014). Prior to that, he served as Director, Consumer Electronics at Philips India, as Director (Marketing) at LML Ltd., and as Vice President (Marketing) at Titan Watches Ltd. Current key positions of trust are Member of the Board of Hawkins Cookers Ltd and Chairman of the Advisory Board of both MedTherapy India and Akhandjyoti Eye Hospital. Krishna Mikkilineni b. 1959, Ph.D. (Electrical and Computer Engineering), B.Tech. (Electronics and Communications Engineering). Member of the Board since 2022. Previously served in different positions at Honeywell International Inc. both in the U.S.A. and India 1985-2019 (latest positions were Chief Technology Officer, Chief Information Officer, Chief of Integrated Supply Chain & Customer Service globally across the Honeywell Corporation). Prior to that, he was President of Honeywell Technology Solutions. Current key positions of trust are Senior Advisor for various start-ups, General Partner in a Venture Capital fund, and Member of the Board of a Private Equity firm. He actively manages a private philanthropic foundation focused on education and elderly care. Jennifer Xin-Zhe Li b. 1967, MBA Member of the Board since 2021. Previously served as CEO of Baidu Capital, China 2017- 2018, CFO of Baidu, China 2008-2017, and in different positions at General Motors (GM) 1994–2008 (as Controller, North American Operations, GMAC U.S. 2005-2008, as CFO, GM China 2004-2005, as Controller and Treasurer, GM China 2001-2004, as Corporate Finance Member, GM Singapore 1999-2001, and as Senior Financial analyst, both at GM U.S. and at GM Canada 1994-1999). Current key positions of trust are Member of the Board of ABB Ltd, Member of the Supervisory Board of SAP SE, and Member of the Board of Full Truck Alliance Co. Ltd (Cayman Islands / P.R. China). Juhani Kaskeala served as a Board member until March 1, 2022. Krishna Mikkilineni and Andreas Opfermann were elected to the Board on March 1,2022. On March 24, 2022, KONE announced Andreas Opfermann's decision to resign from his position as a member of the Board of Directors of KONE, effective March 31, 2022. 123 KONE ANNUAL REVIEW 2022
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