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Nokia Corporation - Managers' transactions (McNamara)

1. Nokia board members' fees will be partially paid with shares. 2. Mike McNamara received 18,732 shares as part of this incentive. 3. This aligns with Nokia's strategy to foster employee investment in the company. 4. Operational changes are expected to improve stakeholder confidence. 5. Nokia positions itself as a leader in B2B technology innovations.

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Why Bullish?

Paying board fees in shares aligns interests with shareholders, potentially boosting confidence. Historical trends show that such alignments often lead to positive stock performance.

How important is it?

The decision affects key stakeholders, reflecting management confidence, which can excite investors and drive price.

Why Short Term?

Immediate news and managerial transactions affect market perception quickly. Similar past instances saw immediate upticks in share prices due to perceived alignment with shareholder interests.

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May 07, 2025 11:00 ET  | Source: Nokia Oyj Nokia CorporationManagers’ transactions7 May 2025 at 18:00 EESTNokia Corporation - Managers' transactions (McNamara) Transaction notification under Article 19 of EU Market Abuse Regulation. On 29 April 2025, the Annual General Meeting of Nokia Corporation resolved that approximately 40% of the annual fee of the Board members be paid in Nokia shares. In accordance with this resolution, the following shares have been purchased for and on behalf of the Board member.____________________________________________Person subject to the notification requirementName: McNamara, MikePosition: Member of the Board Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 107297/4/4____________________________________________ Transaction date: 2025-05-07Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI0009000681Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details(1): Volume: 18732 Unit price: 0.00 EUR Aggregated transactions(1): Volume: 18732 Volume weighted average price: 0.00 EUR 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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