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Nokia Corporation - Managers' transactions (Heard)

1. David Heard, Nokia's senior manager, received 59,430 shares as incentive. 2. Transaction occurred outside a trading venue under EU regulation. 3. Nokia continues to focus on B2B technology and innovations. 4. Nokia Bell Labs celebrates 100 years of technological achievements. 5. High-performance networks provide opportunities for monetization and scale.

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FAQ

Why Neutral?

The share-based incentive transaction does not directly affect stock price. Historical context shows that such transactions are routine and typically neutral.

How important is it?

While managerial transactions can indicate confidence in the company, this specific event's impact on stock price is limited. It is significant to internal stakeholders but less so for investors.

Why Short Term?

Manager transactions can indicate internal confidence but lack immediate market impact. Previous instances showed no significant price movements.

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July 08, 2025 09:00 ET  | Source: Nokia Oyj Nokia CorporationManagers’ transactions8 July 2025 at 16:00 EESTNokia Corporation - Managers' transactions (Heard)Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Heard, DavidPosition: Other senior managerIssuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 115765/5/4____________________________________________ Transaction date: 2025-07-08Outside a trading venueInstrument type: SHAREISIN: FI0009000681Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVETransaction details(1): Volume: 59430 Unit price: N/AAggregated transactions(1): Volume: 59430 Volume weighted average price: N/A About NokiaAt 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. Inquiries:Nokia CommunicationsPhone: +358 10 448 4900Email: press.services@nokia.comMaria Vaismaa, Global Head of External CommunicationsNokiaInvestor RelationsPhone: +358 931 580 507Email: investor.relations@nokia.com

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