Konecranes Plc at its AGM held on 27 March 2024, approved the Shareholders' Nomination Board's proposal that the number of members of the Board of Directors shall be eight (8). Thomas Schulz and Birgit Seeger were elected as new members of the Board of Directors for the same term of office. Pasi Laine was elected as Chair of the Board of Directors.

Sami Piittisjärvi was proposed to be elected from candidates put forward by the employees of Konecranes in accordance with the agreement on employee representation between Konecranes and its employees. The Board of Directors decided to continue with an Audit Committee and a Human Resources Committee. Ulf Liljedahl was elected Chair of the Audit Committee, and Gun Nilsson, Päivi Rekonen and Birgit Seeger as Committee members.

Pasi Laine was elected Chair of the Human Resources Committee, and Pauli Anttila and Thomas Schulz as Committee members. All Board members with the exception of Sami Piittisjärvi are deemed to be independent of the Company and all Board members with the exception Pauli Anttila are deemed to be independent of the Company's significant shareholders. Sami Piittisjärvi is deemed not to be independent of the Company due to his position as an employee of Konecranes.

Pauli Anttila is deemed not to be independent of a significant shareholder of the Company based on his current position as Investment Director and Member of the Management team at Solidium Oy.