Konecranes Plc announced following HC Holding Oy Ab sold its Konecranes shares, Peter Therman, the member appointed by HC Holding Oy Ab, has resigned from Konecranes Shareholders' Nomination Board. Accordingly, Varma Mutual Pension Insurance Company has with its 2,085,293 shares appointed Markus Aho, Chief Investment Officer of Varma, as a member of the Konecranes' Shareholders' Nomination Board. From June 7, 2023, onwards the Konecranes' Shareholders Nomination Board consists of the following members: Reima Rytsölä, CEO of Solidium, appointed by Solidium Oy; Stig Gustavson, appointed by Stig Gustavson; Markus Aho, Chief Investment Officer of Varma, appointed by Varma Mutual Pension Insurance Company, and Mikko Mursula, Deputy CEO, Investments of Ilmarinen, appointed by Ilmarinen Mutual Pension Insurance Company.

Christoph Vitzthum, the Chairman of the Board of Directors of Konecranes, serves as an expert in the Nomination Board without being a member.