Repurchase of own shares on 04.10.2022

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Nokia Corporation
Stock Exchange Release
4 October 2022 at 21:00 EEST

Nokia Corporation: Repurchase of own shares on 04.10.2022

Espoo, Finland – On 4 October 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

Trading venue (MIC Code) Number of shares Weighted common worth / share, EUR*
XHEL 399,596 4.61
CEUX 23,228 4.60
AQEU 12,570 4.60
TQEX 9,606 4.58
Total 445,000 4.61

* Rounded to 2 decimals

On 3 February 2022, Nokia introduced that its Board of Directors is initiating a share buyback program below the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return as much as EUR 600 million of money to shareholders in tranches over a interval of two years. The first section of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 began on 14 February 2022 and ends by 22 December 2022 with a most combination buy worth of EUR 300 million.

Total price of transactions executed on 4 October 2022 was EUR 2,050,115.00. After the disclosed transactions, Nokia Corporation holds 85,301,177 treasury shares.

Details of transactions are included as an appendix to this announcement.

On behalf of Nokia Corporation

BNP Paribas Exane

About Nokia
At Nokia, we create expertise that helps the world act collectively.

As a trusted companion for crucial networks, we’re dedicated to innovation and expertise management throughout cell, fastened and cloud networks. We create worth with mental property and long-term analysis, led by the award-winning Nokia Bell Labs.

Adhering to the very best requirements of integrity and safety, we assist construct the capabilities wanted for a extra productive, sustainable and inclusive world.

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Inquiries:

Nokia
Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com

David Mulholland, Head of Investor Relations



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