KONE Corporation 2014

KONE in brief KONE is one of the global leaders in the elevator and escalator industry KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions for People Flow® services covering the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions Founded in Finland in 1910 Operations worldwide Over 43,000 employees Net sales EUR 6.9 billion in 2013 Listed on the NASDAQ OMX Helsinki since 1967 31 December 2018 Confidential | © KONE Corporation

Did you know that at every moment in time KONE moves 1 Did you know that at every moment in time KONE moves 1.5 times the number of people travelling with airplanes? For KONE this means moving 1.5 million people smoothly and safely with elevators and escalators at every moment and all around the world. 31 December 2018 Confidential | © KONE Corporation

Megatrends driving KONE’s growth Urbanization Safety Changing demographics Environment 31 December 2018 Confidential | © KONE Corporation

Number of people living in urban areas world-wide is expected to reach five billion by 2030 Global population growth, billions of people 9.4 Rural Urban Annual growth 2010-2050 8.8 8.3 7.7 -8% 3.1 7.0 3.2 3.3 3.4 3.4 +2,7 billion 6.3 5.6 5.0 The urbanization megatrend will continue as the key driver to KONE’s business. More and more people are moving to cities that need to grow upwards to accomodate the incoming persons. 1.4 billion more persons will live in cities in 2030 compared to 2010. Especially developing countries are experiencing this strong trend but it continues in other countries as well. For example, China will have over 220 cities with over 1 million inhabitants. Europe has 35 today. 4.3 +76% 3.6 Source: U.N. World Urbanization Prospects 2011 revision 31 December 2018 Confidential | © KONE Corporation

Higher living standards result in higher demands on housing Number of middle-income people (billions) +2.7 billion people Image: The Waterside Condominium, Singapore Economic growth translates into higher standards of living for a larger part of the world’s population. The number of people classified as middle-income earners is expected to grow by 2.7 billion by 2030. Middle-income earners expect more spacious and better-equipped apartments, which drives higher demand for elevators. Note: Middle-income people include people earning or spending $10- $100 a day (in 2005 purchasing parity terms) Source: UNDP Human Development report 2013; OECD Demographic and Labour Force database 31 December 2018 Confidential | © KONE Corporation

Did you know that buildings account for 40% of the world’s energy consumption, and elevators account for 2-10% of a building’s energy consumption. Green building certifications like LEED and BREEAM are increasing the demand for eco-efficient elevators and escalators. 31 December 2018 Confidential | © KONE Corporation

Save energy, save costs Energy consumption of KONE elevators* Over 70% more efficient. KONE’s renewed MonoSpace® 500 elevator is over 70% more energy efficient than KONE’s industry leading elevator from 2008. Systematic development. KONE has systematically reduced the energy consumption of its elevators through product innovations and improvements. KWh/year Over 70% reduction 2008–2012 *) The calculations are based on an elevator speed of 1 m/s, a load of 630 kg, 150,000 starts per year, an average travel distance of 9 m and 4 floors 31 December 2018 Confidential | © KONE Corporation

Innovation leader Impressive track record in industry innovations Over 3,000 patents related to the elevator and escalator industry Cooperation with customers, key partners, leading universities and research facilities In 2013, Forbes has ranked KONE among the most innovative companies in the world (#37) Tekstiboxi 31 December 2018 Confidential | © KONE Corporation

KONE industry leading innovations EXAMPLES KONE MonoSpace® machine-room-less elevator KONE UltraRope™ high-rise hoisting technology KONE JumpLift construction time elevator KONE NanoSpace™ elevator modernization solution KONE EcoMod™ escalator modernization solution KONE InnoTrack™ autowalk Next generation KONE MonoSpace® and MiniSpace® elevators Award-winning design KONE People Flow Intelligence solutions 31 December 2018 Confidential | © KONE Corporation

KONE design Award-winning design The most versatile offering KONE design awarded in numerous renown international competitions The most versatile offering Gesture based touch screen user interfaces with integrated ACS control Customizable car panels to customer needs The most innovative materials Unique textured, patterned, and 3D-effect wall materials Novel lighting solutions Durable and easy to clean Easy selection of car interiors A collection visually appealing designs Created by KONE’s design professionals and selection of different materials and accessories that can be combined freely iF Product Design Award 2014, Winner KSP 858 DOP RL20 Light Fixture Fennia Prize 2014, Honourable Mention Good Design Award 2014, Winner KONE Design Collection KONE New Elevator car KSS 800 DOP KSS 280 Signalization German Design Award 2014, Nomination MonoSpace 500 + Design Collection Travel Master 110 Eco German Design Award 2014, Special Mention Iconic Awards 2013, Winner KONE Design Offering KONE New Elevator Car Redstar 2013, Excellent Award TravelMaster 110 Succesful Design Award 2013, Winner Red dot 2012, Winner Red dot 2012, Honourable Mention German Design Award 2011, Nomination D-series Signalization Good design award 2009, Winner Fennia Prize 2009, Honourable Mention Good design award 2008, Winner Biocolor wood serie 31 December 2018 Confidential | © KONE Corporation

References 31 December 2018 Confidential | © KONE Corporation

Makkah Clock Royal Tower Hotel – Makkah, Saudi Arabia It was critical that up to 75,000 people could exit all seven buildings in an organized and timely manner five times a day for prayer. KONE’s specially recruited design and project teams delivered a solution that met these extreme people flow challenges. 31 December 2018 Confidential | © KONE Corporation

Shenzhen North Railway Station – Shenzhen, China Predicted to serve more than 44 million passengers annually by 2020, Shenzhen North Railway Station is the new hub of South China’s high- speed train and passenger rail network. Tekstiboksi 31 December 2018 Confidential | © KONE Corporation

The Shard – London, Great Britain The Shard brings over 111,000 square meters and 72 habitable floors of premium office space, retail stores, luxury residences, a five-star hotel, restaurants and a public viewing gallery to central London. Tekstiboksi 31 December 2018 Confidential | © KONE Corporation

Princess Tower – Dubai, United Arab Emirates After its completion in 2012, the Princess Tower was recognized by Guinness World Records and the Council on Tall Buildings and Urban Habitat (CTBUH) as the tallest residential building in the world. 31 December 2018 Confidential | © KONE Corporation

Future landmark: Saudi Arabia’s Kingdom Tower, the world’s tallest building Kingdom Tower, which is being built by Saudi Bin Laden Group, is expected to rise to the height of more than one kilometer upon completion in 2018. Featuring KONE’s people flow solutions, the building will have the world’s fastest double deck elevators with travel speed of over 10 m/s as well as the world’s highest elevator rise at 660 meters. Kingdom Tower will house offices, a Four Seasons hotel and serviced apartments, residential apartments as well as the world’s tallest observation spot. Kuva vanha 31 December 2018 Confidential | © KONE Corporation

Our Partner - Kresta Laurel Limited Kresta Laurel Limited has been the sole Authorised Distributor of KONE Elevators and Escalators in Nigeria since 1999. 31 December 2018 Confidential | © KONE Corporation

31 December 2018 Confidential | © KONE Corporation