1NOKIA Nokia Corp

Nokia Corporation - Managers' transactions Nokia Corporation Managers’ transactions November 4, 2020 at 11:00 (CET +1) Nokia Corporation - Managers' transactions

Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Martikainen, Piia Susanna Position: Closely associated person

(1):Person Discharging Managerial Responsibilities In IssuerName: Uitto, TommiPosition: Other senior manager

Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06

Notification type: INITIAL NOTIFICATIONReference number: 549300A0JPRWG1KI7U06_20201102155523_2____________________________________________

Transaction date: 2020-10-30Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI0009000681Nature of the transaction: ACQUISITION

Transaction details(1): Volume: 183 Unit price: 2.86074 EUR

Aggregated transactions(1): Volume: 183 Volume weighted average price: 2.86074 EUR

About NokiaWe create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

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