KONE Corporation, stock exchange release, February 6, 2026, at 9:00 a.m. EET
The Board of Directors of KONE Corporation decided on new performance periods
for the long-term incentive plans
The Board of Directors of KONE Corporation has on 5 February 2026 decided on
commencement of a performance based long-term incentive plan 2026-2028 and
Restricted Share Plan 2026 under the long-term incentive structures as announced
on 28 January 2021.
Performance based long-term incentive plan 2026
The performance based long-term incentive plan consists of annually commencing
individual share plans, each with a three-year rolling performance period. The
aim of the share-based incentive plan is to support long term value creation and
align interests of shareholders and management. The target group and targets
within the plan as well as possible rewards are decided upon annually by the
Board of Directors.
For the performance period 2026-2028, the plan has approximately 600
participants. The performance criteria for the year 2026 are based on adjusted
EBIT margin, sales growth and a sustainability index, which measures progress in
carbon emission reduction, diversity, safety performance and cybersecurity. The
maximum number of shares to be paid based on the performance period 2026-2028 is
895,778 KONE class B shares. The potential rewards under the plan will be paid
as a combination of KONE class B shares and a cash payment equivalent to the
taxes and similar charges that are incurred from the receipt of the shares.
Potential rewards from the performance period 2026-2028 will be paid out in
spring 2029.
Restricted Share Plan 2026
In addition to the above, KONE operates a restricted share plan structure that
serves as a complementary long-term share plan to be used as a commitment
instrument for recruitment and retention purposes for top management and other
selected key persons. The potential rewards under the plan will be paid to the
participants in KONE Class B shares, provided that their employment or service
relationship with KONE Group is in force at the time of payment. The maximum
number of shares to be paid from Restricted Share Plan 2026 is 80,000 KONE class
B shares.
For further information, please contact:
Kaija Bridger, Executive Vice President, People & Communications, tel. +358 20
475 4292
Sender:
KONE Corporation
Niina Vilske
Secretary to the Board
Kaija Bridger
Executive Vice President, People & Communications
About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the
elevator and escalator industry, we move two billion people every day, making
their journeys safe, convenient, and reliable with smart and sustainable People
Flow®. In 2025, KONE had annual sales of EUR 11.2 billion, and at the end of the
year over 60,000 employees in close to 70 countries. KONE class B shares are
listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com