1NOKIA Nokia Corp

Nokia CorporationStock Exchange Release25 August 2021 at 17:10 EET

Changes in Nokia Corporation's own shares

Espoo, Finland – A total of 4 851 070 Nokia shares (NOKIA) held by the company were today transferred without consideration to participants of Nokia's employee share purchase plan in accordance with the rules of the plan. 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 February 4, 2021.

The number of own shares held by Nokia Corporation following the transfer is 29 448 114.

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Inquiries:

NokiaCommunicationsPhone: +358 10 448 4900Email: press.services@nokia.comKatja Antila, Head of Media Relations

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