Changes in Nokia Corporation's own shares

Nokia Corporation

Stock Exchange Release

13 July 2022 at 16.15 EEST

Changes in Nokia Corporation's own shares

Espoo, Finland – A total of 175 261 Nokia shares (NOKIA) held by the company were today transferred 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 resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the plans as announced on 3 February 2022.

The number of own shares held by Nokia Corporation following the transfer is 72 784 100.

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