Repurchase of own shares on 29.08.2022

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Nokia Company
Stock Exchange press release
August 29, 2022 at 9:00 PM EEST

Nokia Corporation: Repurchase of own shares on 29.08.2022

Espoo, Finland – On August 29, 2022, Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) acquired its own shares (ISIN FI0009000681) as follows:

Trading platform (MIC code) Number of shares Weighted average price / share, EUR*
XHEL 224,045 4.82
THOSE 19,371 4.82
AQEU 6,816 4.81
TQEX 1,768 4.82
Total 252,000 4.82

* Rounded to two decimal places

On February 3, 2022, Nokia announced that its board of directors was launching a share buyback program as part of the authorization granted by Nokia’s annual general meeting on April 8, 2021 to return up to 600 million euros. euros of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in accordance with the Market Abuse Regulation (EU) 596/2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052 started on February 14, 2022 and ends on December 22 2022 with a purchase price cap of 300 million euros.

The total cost of trades executed on August 29, 2022 was EUR 1,215,270.00. After the disclosed transactions, Nokia Corporation holds 81,512,737 treasury shares.

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

On behalf of Nokia Corporation

BNP Paribas Exane

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

As a trusted partner for critical networks, we are committed to being at the forefront of innovation and technology across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and safety, we help build the capabilities needed for a more productive, sustainable and inclusive world.

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nokia
Investor Relations
Telephone: +358 40 803 4080
Email: [email protected]

David Mulholland, Head of Investor Relations

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