REG-Directed share issuance to NVIDIA completed – a change in the total number of Nokia shares   

Nokia OyjAnnouncement

13/11/2025 12:30

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Nokia Corporation
Stock Exchange Release
13 November 2025 at 14:30 EET

Directed share issuance to NVIDIA completed – a change in the total number
of Nokia shares   

Espoo, Finland – Following the completion of the directed share issuance to
NVIDIA Corporation (“NVIDIA”), announced by Nokia Corporation
(“Nokia”) on 28 October 2025, a total of 166 389 351 new Nokia shares
(NOKIA) were today registered with the Finnish Trade Register and entered in
the book-entry system maintained by Euroclear Finland Ltd. The new shares are
further delivered to NVIDIA in the form of American Depositary Shares.

The total number of Nokia shares following the completion of the share
issuance and the registration of the new shares is 5 742 239 696. The new
shares represent approximately 2.90% of the total number of Nokia shares.

The new shares are expected to commence trading on Nasdaq Helsinki on or about
14 November 2025, together with other Nokia shares (NOKIA). The new shares
will not be listed on Euronext Paris, subject to the completion of the
delisting process initially announced on 4 November 2025.

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

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