Investor Presentaiton
CONSOLIDATED FINANCIAL STATEMENTS | NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS | OTHERS
6.3 RELATED PARTY TRANSACTIONS
KONE's related parties comprise its subsidiaries as well as
the Board of Directors, the President & CEO, and the
Executive Board including any companies controlled or
significantly influenced by them. The Corporate Controlling
function evaluates and monitors transactions between the
Group and its related parties to ensure that any conflicts of
interest are taken into account appropriately in KONE'S
decision making process.
Except for management remuneration there have not been
any material transactions between KONE and its members of
the Board of Directors, the President & CEO, the Executive
Board including any companies controlled or significantly
influenced by them. Information concerning management
remuneration is disclosed in note 6.1 and shares held by the
members of the Board of Directors, the President & CEO, the
Executive Board is disclosed on page 121. KONE'S
subsidiaries are disclosed on pages 107-109.
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