Nokia Transfers Shares to Incentive Plan Participants

Nokia Corporation has transferred 687,145 of its own shares to participants of its equity-based incentive plans. The shares were transferred without consideration and according to the rules of the incentive plans, as previously announced. The transfer is part of a resolution by the Board of Directors to issue shares to settle commitments to the company's employees under the incentive plans.

Following the transfer, Nokia Corporation now holds 83,304,077 of its own shares. The move is in line with the company's ongoing practice of managing its shareholdings to ensure equity distribution among its workforce. This action aligns with Nokia's broader strategy of fostering employee engagement and long-term commitment to the company's success.

The shares were transferred to participants of Nokia's equity-based incentive plans, which reward key employees and executives for their contributions to the company. The resolution to issue shares to settle these commitments was announced on October 2, 2025. By continuing to implement these plans, Nokia aims to maintain a motivated and skilled workforce that drives innovation and growth.

Nokia Corporation remains a global leader in connectivity infrastructure, enabling the AI supercycle. The company builds networks that connect intelligence and delivers comprehensive connectivity solutions across various domains, including fixed, mobile, IP, optical, core, and data center networks. With a commitment to security by design, AI-driven innovation, and AI-optimized architecture, Nokia continues to deliver trusted infrastructure that supports the deployment of advanced technologies.

This share transfer highlights Nokia's ongoing efforts to align the interests of its employees with the company's strategic objectives. By providing equity incentives, Nokia not only fosters a sense of ownership among its workforce but also ensures that employees are aligned with the company's long-term goals.