Nokian Renkaat Oyj

Remuneration Information • Feb 4, 2025

Disclosure 454401

Nokian Renkaat - Other information disclosed according to the rules of the Exchange

Nokian Tyres plc - Commencement of a new plan period in the long-term share-based incentive scheme targeted to the company's key employees

Nokian Tyres plc Stock Exchange Release February 4, 2025, at 1:45 p.m. EET The Board of Directors of Nokian Tyres plc has approved the commencement of a new plan period in the company's long-term share-based incentive scheme, Restricted Share Plan ("RSP"). RSP scheme serves as a complementary long-term incentive tool, used selectively for retention of Nokian Tyres key employees. Nokian Tyres originally announced the establishment of the RSP scheme on February 5, 2019. RSP 2025-2027 RSP 2025-2027 includes a three-year restriction period, with potential rewards delivered in 2028 in shares of Nokian Tyres. The aggregate number of shares to be paid based on RSP 2025-2027 is a maximum of 120,000 shares. The number of shares represents gross earnings, from which the applicable payroll tax is withheld, and the remaining net value is paid to the participants in shares. The payment of the share reward is contingent upon the participant remaining employed by Nokian Tyres until the reward payment date. In addition, a financial threshold has been set for the remuneration of the members of Nokian Tyres' Group Management Team, which must be exceeded to receive potential reward from RSP 2025-2027. The financial indicator is the Segments Return on Capital Employed (ROCE). NOKIAN TYRES PLC Board of Directors Further information: Päivi Leskinen,SVP, Human Resources, tel. +35810401 7776 investors@nokiantyres.com media@nokiantyres.com Nokian Tyres' purpose is to make the world safer by reinventing tires, and how they are made, over and over again - a safer place to drive, work and live now and for generations to come. Inspired by our northern heritage, we develop and manufacture premium tires for passenger cars, trucks and heavy machinery with sustainability at the heart of all our operations. Our Vianor chain provides tire and car services. We are some 3,800 people with net sales of EUR 1.3 billion in 2024, and together we lead the journey to smarter driving for people and for businesses. Nokian Tyres is listed on Nasdaq Helsinki. Further information:company.nokiantyres.com (https://eur04.safelinks.protection.outlook.c om/?url=https%3A%2F%2Fcompany.nokiantyres.com%2F&data=05%7C02%7Canne.aittoniemi%4 0nokiantyres.com%7C2525d93b0f404fcdacae08dd36de80b2%7C2293b824c7984957856edf1992a fab2e%7C0%7C0%7C638727051721406951%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydW UsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C% 7C&sdata=UEYbrux1FUUM%2BAvufHikpk0mA8WNouymoFfnUUFIxrs%3D&reserved=0)