Spring Meeting Notice Tuesday 28 April for Kone’s Employee Benefit Fund for Operatives

KONE EMPLOYEE BENEFIT FUND FOR OPERATIVES

NOTICE OF SPRING MEETING

You are warmly welcome to the Spring Meeting of the Kone’s Employee Benefit Fund for Operatives.

The meeting will address the statutory financial statements and decide on amendments to the Fund’s rules, some of which affect the content of the rules while others clarify their current wording.

TIME AND PLACE

The Annual Spring Meeting of the Insurance Fund will be held on

Tuesday, 28 April 2026 at 14:00.

The meeting will be arranged in hybrid format, and participation is possible either remotely via Microsoft Teams or in person at KONE’s premises, Hissikatu 3, Hyvinkää, meeting room London.

REGISTRATION AND VOTING RIGHTS

Participation and the use of voting rights require registration by 18 April 2026 via the Webropol form:

👉 https://link.webropolsurveys.com/S/E40751AC20D4292A

Registered participants will receive the meeting invitation, participation link and meeting materials by email. Voting will take place electronically, and participants will receive separate instructions on voting and meeting procedures after the registration period has ended. A phone number is requested during registration for potential voting procedures. Please note that the meeting may be long, and all participants must be prepared to remain until the meeting concludes.

PROXIES

Any proxies must be submitted at the time of registration via the same form. Proxies submitted after registration cannot be accepted.

Proxy form: https://vakuutuskassa.com/wp-content/uploads/2025/11/POWER-OF-ATTORNEY-for-Operatives.pdf

MATTERS TO BE ADDRESSED AT THE MEETING

1. Matters pursuant to section 34 of the rules

   a) Presentation of the financial statements and the auditor’s report

   b) Decision on adoption of the financial statements

   c) Decision on granting discharge from liability to the Board and the Managing Director

   d) Decision on the use of surplus or coverage of deficit

   e) Decision on other necessary measures

2. Proposed amendments to the rules as presented by the Board

The amendments include changes affecting benefits as well as clarification of the structure and wording of the rules.

KEY CHANGES AFFECTING BENEFITS

– Reimbursement level for doctor’s fees: reduced from 100% to 90% and reimbursement structure clarified.

– Reimbursement of medicines under the Health Insurance Act: reduced from 100% to 90% above the initial deductible.

– Reimbursement for examinations and treatment: reduced from 100% to 90%, 1000 € cap per diagnostic test

– Reimbursement for massage: reduced from 90% to 80%, with clarified structure.

– Surgical procedures: clarifications and introduction of a reimbursement cap of €5,000.

– Dental care: clarification of reimbursement criteria.

OTHER CHANGES

– Clarification of the structure and wording of the rules

– Harmonisation of rule numbering

– Clarifications related to meeting and voting procedures (notice periods, registration and delivery of proxies)

Detailed breakdown of the rule amendments

Rule section	Amendment
4	Text clarified into sub‑sections; zero‑hour contracts defined; insurance relationship can be initiated by Board decision; transitional provision clarified
8	Definition and interruption of foreign assignments clarified; rules for collections during temporary layoff specified; subheadings added.
14.1	Reimbursement for doctors’ fees reduced to 90%; structure clarified.
14.1	Procedure limitations clarified; surgery reimbursement cap added; facility fees moved; numbering updated.
14.2	Dental care reimbursements and aesthetic treatment limitations clarified; orthodontic treatment requirements clarified; numbering updated.
14.3	Oral health care fees added to reimbursable expenses; numbering updated.
14.4	Medicine reimbursement reduced to 90%; numbering updated.
14.5	Reimbursement for examinations and treatment reduced to 90%; 1000 € cap per diagnostic test, numbering updated.
14.5	Massage reimbursement reduced to 80%; numbering updated.
18	Unpaid absences, temporary layoff and foreign assignment defined clearly; employer notification obligation added.
37	Final deadline for meeting notice changed to 2 weeks; advance registration and proxy deadlines added.
39	Definition of voting rights and processing of proxies clarified; qualified majority requirements written out explicitly.

3. Other matters and discussion

The financial statement documents will be available on the Fund’s website as of 21 April 2026.

WELCOME TO THE MEETING!

Hyvinkää, 2 April 2026

Board of the Kone’s Employee Benefit Fund for Staff