KONE (KNEBV) Corporate presentation summary

Strategic rationale and combination benefits

• Merger creates a world-class elevator and escalator company with a balanced global presence and enhanced innovation capabilities.

• Accelerates execution of the Rise to Lead strategy, focusing on digitalization, modernization, and sustainability.

• Significant customer benefits from complementary commercial and innovation strengths.

• Unified leadership and ownership continuity ensure long-term strategic focus.

Financial highlights and synergy potential

• Combined group targets sales of EUR 20.5bn and 3.2m serviced units by FY2025.

• Pre-tax run-rate synergies estimated at ~EUR 700m, fully realized within three years post-completion.

• Adj. EBIT margin ambition set substantially beyond current 16% target, with EPS accretion in the first full year post-closing.

• Targeted payout ratio of at least 50% supports stable or increasing dividends.

Market positioning and growth drivers

• Increased exposure to resilient service growth and the Americas market, with 45% of sales from the Americas.

• Combined scale and innovation accelerate development of new technology and digital solutions.

• Growth momentum supported by 3.2m units in service entering prime modernization age.