Nokia CorporationManagers’ transactions8 July 2021 at 13:45 EETNokia Corporation - Managers' transactions

Transaction notification under Article 19 of EU Market Abuse Regulation.

____________________________________________Person subject to the notification requirementName: Sahgal, RaghavPosition: Other senior managerIssuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06

Notification type: INITIAL NOTIFICATIONReference number: 549300A0JPRWG1KI7U06_20210708121950_4____________________________________________

Transaction date: 2021-07-07Venue not applicableInstrument type: SHAREISIN: FI0009000681Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION  Transaction details(1): Volume: 93,367 Unit price: N/A

Aggregated transactions(1): Volume: 93,367 Volume weighted average price: N/A

About NokiaWe create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.

Inquiries:Nokia CommunicationsTel. +358 10 448 4900Email: press.services@nokia.comKatja Antila, Head of Media Relations