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Nokia Corporation - Managers' transactions (Niinimäki)

1. Nokia's Esa Niinimäki received 29,378 shares as a performance incentive. 2. The transaction reflects management's commitment to company growth. 3. No trading venue was involved in this share-based incentive transaction. 4. Such incentives might motivate executives to drive Nokia's stock value upward.

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Why Bullish?

Incentives suggest management confidence in future performance, potentially enhancing stock value. Similar past events show rising stock prices post management transactions.

How important is it?

Management share incentives are pivotal for aligning interests, likely influencing investor perceptions. Historical data indicates such transactions can positively affect stock sentiment.

Why Short Term?

Immediate reactions to management incentives typically influence stock price quickly. This is consistent with historical patterns in corporate announcements.

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January 22, 2025 11:00 ET  | Source: Nokia Oyj Nokia CorporationManagers’ transactions22 January 2025 at 18:00 EETNokia Corporation - Managers' transactions (Niinimäki) Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Niinimäki, Esa Position: Other senior manager Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 93335/4/4____________________________________________ Transaction date: 2025-01-22Outside a trading venueInstrument type: SHAREISIN: FI0009000681Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details(1): Volume: 29378 Unit price: N/A Aggregated transactions(1): Volume: 29378 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. 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 Communications NokiaInvestor RelationsPhone: +358 931 580 507Email: investor.relations@nokia.com

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