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Nokia appoints Kristen Pressner as Chief People Officer and member of the Group Leadership Team

1. Nokia appoints Kristen Pressner as Chief People Officer effective May 2026. 2. Pressner brings 30 years of HR and organizational transformation experience. 3. Focus on AI and cultural evolution at Nokia emphasized by leadership. 4. Leadership aims to enhance performance and customer focus within the company.

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Why Bullish?

The strategic appointment of a seasoned HR leader suggests improved workforce management and transformation. Historical examples show that strong leadership appointments often lead to positive market reactions and improved company performance.

How important is it?

A new CPO with extensive experience could invigorate Nokia's workforce and innovation culture, positively influencing performance metrics. The focus on AI aligns with industry trends, making this appointment strategically significant.

Why Long Term?

Cultural transformation initiatives typically take time, suggesting long-term positive effects. Leadership changes aligned with transformational goals may eventually drive sustainable growth.

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November 10, 2025 02:45 ET  | Source: Nokia Oyj Nokia CorporationStock Exchange Release10 November 2025 at 09:45 EET Nokia appoints Kristen Pressner as Chief People Officer and member of the Group Leadership Team Espoo, Finland – Nokia today announced the appointment of Kristen Pressner as Chief People Officer and member of the Group Leadership Team, effective 1 May 2026. Pressner has over 30 years of international experience in HR, talent management, and organizational transformation. She joins Nokia from Roche Holding Group, where she most recently served as Global Head of People & Culture for Roche Diagnostics. Across her tenure at Roche Holding, she played a key role in strengthening leadership, evolving the company’s operating model, and shaping a culture that enables innovation and drives business impact. Earlier in her career at Texas Instruments, she held various HR leadership roles focused on driving culture and capability transformation in the dynamic global technology environment. “I am thrilled to welcome Kristen to Team Nokia as we work together to build a culture of empowerment, accountability, and a customer-first mindset to increase focus and improve performance across our business. Kristen brings a wealth of experience in driving transformation through business. She will lead our cultural evolution toward an AI-empowered, united team, focused on delivering for our customers and seizing the opportunities the AI supercycle is creating for advanced and trusted connectivity,” said Justin Hotard, President and CEO of Nokia. “This is an incredibly exciting time to join Nokia. The company is transforming for the era of AI, cloud, and next-generation networks and at the center of that transformation are its people. Nokia’s success depends on the creativity, courage, and collaboration of its teams around the world, and I’m inspired by the opportunity to play a key role in unleashing that potential. As a global technology leader with a remarkable heritage and a bold future, Nokia is poised to shape the next chapter of connectivity and I can’t wait to be part of that journey,” Pressner commented. Pressner will be based in Finland and report to Nokia’s President and Chief Executive Officer, Justin Hotard. Additional background information on all current members of the Group Leadership Team can be found at: www.nokia.com/en_int/investors/corporate-governance/group-leadership-team. Kristen Pressner, CV Born: 1970Nationality: American and Swiss Education: Master of Business Administration (MBA), International Human Resources Management, University of Dallas Bachelor of Arts, Communication, Purdue University Experience: 2005–2025 Roche Holding Group Global Head of People & Culture, Roche Diagnostics, 2016–2025Vice President, Head of HR, Europe, Middle East, Africa & Latin America, Roche Diagnostics, 2012–2016Sr. Director, Global Learning & Development, Group Human Resources, Roche Holding Group 2007–2012Director, Talent Management, Roche Diagnostics Operations US, 2007Manager, Human Resources Operations US, 2005–2006 1996–2005 Texas Instruments Human Resources Manager, High Performance Analog, 2001–2005Strategic Staffing Manager, Student Program & University Relations, 1999–2001Mergers & Acquisitions Project Manager, Human Resources, 1998–1999Senior International Assignments Specialist, 1996–1997 1992–1996 Branch Manager, Spherion Corporation 1992–1994 Account Executive, Trade Insurance Services About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Media inquiries Nokia Communications Maria Vaismaa, Global Head of External Communications Phone: +358 10 448 4900 Email: press.services@nokia.com

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