REG-Notification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of FMR LLC in Nokia Corporation exceeded 5%

Nokia OyjAnnouncement

04/03/2026 14:30

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Nokia Corporation
Stock Exchange Release
4 March 2026 at 16:30 EET

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act:
holdings of FMR LLC in Nokia Corporation exceeded 5%

According to a notification received under Chapter 9, Section 5 of the Finnish
Securities Market Act (FSMA) by Nokia Corporation, the indirect holdings of
FMR LLC have on 2 March 2026 exceeded 5% of the total number of shares in
Nokia Corporation.

The total number of shares in Nokia Corporation is 5 742 239 696, representing
the same number of votes.

According to the notification received, the position of FMR LLC was as
follows:

                                                                            % of shares and voting rights (Total of A)  % of shares and voting rights through financial instruments (Total of B)  Total % of shares and voting rights (A+B)  Total number of shares and voting rights of issuer  
 Resulting situation on the date on which threshold was crossed or reached  5.04% shares 4.83% voting rights                                                                                      5.04% shares 4.83% voting rights           5 742 239 696                                       
 Position of previous notification (if applicable)                          n/a                                         n/a                                                                       n/a                                                                                            

Details of the ownership position on the date on which the threshold was
reached or exceeded:

A: Shares and voting rights

 Share class/type (ISIN)  Number of shares and voting rights                                     % of shares and voting rights                        
                          Direct (FSMA 9:5)        Indirect (FSMA 9:6 and 9:7)                   Direct (FSMA 9:5)  Indirect (FSMA 9:6 and 9:7)       
 NOKIA (FI0009000681)                              289 538 191 shares 277 150 920 voting rights                     5.04% shares 4.83% voting rights  
 TOTAL of A               289 538 191 shares 277 150 920 voting rights                           5.04% shares 4.83% voting rights                     

B: Financial instruments referred to in Chapter 9 Section 6a of the FSMA:

 Type of financial instrument  Expiration date  Exercise period  Settlement  Number of shares and voting rights  % of shares and voting rights  
                                                                                                                                                
                                                                 Total of B  n/a                                 n/a                            

Full chain of controlled undertakings through which shares, voting rights and
financial instruments are held:

 Name                                                                               % of shares and voting rights  % of shares and voting rights through financial instruments  Total  
 FMR LLC                                                                                                                                                                               
 Fidelity Management & Research Company LLC                                                                                                                                            
                                                                                                                                                                                       
 FMR LLC                                                                                                                                                                               
 FIAM Holdings LLC                                                                                                                                                                     
 FIAM LLC                                                                                                                                                                              
                                                                                                                                                                                       
 FMR LLC                                                                                                                                                                               
 FIAM Holdings LLC                                                                                                                                                                     
 Fidelity Institutional Asset Management Trust Company                                                                                                                                 
                                                                                                                                                                                       
 FMR LLC                                                                                                                                                                               
 FMTC Holdings LLC                                                                                                                                                                     
 Fidelity Management Trust Company                                                                                                                                                     
                                                                                                                                                                                       
 FMR LLC                                                                                                                                                                               
 Fidelity Management & Research Company LLC FMR Investment Management (UK) Limited                                                                                                     
                                                                                                                                                                                       
 FMR LLC                                                                                                                                                                               
 Fidelity Advisory Holdings LLC                                                                                                                                                        
 Strategic Advisers LLC                                                                                                                                                                
                                                                                                                                                                                       
 FMR LLC                                                                                                                                                                               
 Fidelity Global Brokerage Group, Inc.                                                                                                                                                 
 National Financial Services LLC                                                                                                                                                       
 Fidelity Capital Markets                                                                                                                                                              

About Nokia
Nokia is a global leader in connectivity for the AI era. With expertise across
fixed, mobile, and transport networks, we’re advancing connectivity to
secure a brighter world.

Inquiries:

Nokia Communications
Phone: +358 10 448 4900
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Maria Vaismaa, Vice President, Corporate Communications

Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com