REG-Changes in Nokia Corporation's own shares

Nokia OyjAnnouncement

Wed 16:00

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Nokia Corporation
Stock Exchange Release
30 July 2025 at 18:00 EEST

Changes in Nokia Corporation's own shares

Espoo, Finland – A total of 27 200 377 Nokia shares (NOKIA) held by the
company were transferred today without consideration to participants of
Nokia's equity-based incentive plans in accordance with the rules of the
plans. The transfer is based on the resolutions of the Board of Directors to
issue shares held by the company to settle its commitments to participants of
the incentive plans as announced on 11 November 2024 and 22 November 2024.

The number of own shares held by Nokia Corporation following the transfer is
37 159 428.

About Nokia
At Nokia, we create technology that helps the world act together.

As a B2B technology innovation leader, we are pioneering networks that sense,
think and act by leveraging our work across mobile, fixed and cloud networks.
In addition, we create value with intellectual property and long-term
research, led by the award-winning Nokia Bell Labs, which is celebrating 100
years of innovation.

With truly open architectures that seamlessly integrate into any ecosystem,
our high-performance networks create new opportunities for monetization and
scale. Service providers, enterprises and partners worldwide trust Nokia to
deliver secure, reliable and sustainable networks today – and work with us
to create the digital services and applications of the future.

Inquiries:

Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Global Head of External Communications

Nokia
Investor Relations
Phone: +358 931 580 507 
Email: investor.relations@nokia.com