Nokia Oyj — Director's Dealing 2017

May 29, 2017

Disclosure 352820

Nokia - Managers' transactions

Nokia Corporation - Managers' transactions

Nokia Corporation Managers' transactions May 29, 2017 at 13:15 (CET +1) Nokia Corporation - Managers' transactions Transaction notification under Article 19 of EU Market Abuse Regulation. ____________________________________________ Person subject to the notification requirement Name: Monty, Jean Position: Member of the Board/Deputy member Issuer: Nokia Corporation LEI: 549300A0JPRWG1KI7U06 Notification type: INITIAL NOTIFICATION Reference number: 549300A0JPRWG1KI7U06_20170529084803_9 ____________________________________________ Transaction date: 2017-05-26 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009000681 Nature of the transaction: RECEIPT OF A SHARE-BASED REMUNERATION Transaction Details (1): Volume: 803 Unit price: 5.68000 EUR (2): Volume: 2465 Unit price: 5.68000 EUR (3): Volume: 2700 Unit price: 5.68000 EUR (4): Volume: 2300 Unit price: 5.68000 EUR (5): Volume: 88 Unit price: 5.68000 EUR (6): Volume: 2300 Unit price: 5.68000 EUR (7): Volume: 434 Unit price: 5.68000 EUR Aggregated transactions (7): Volume: 11090 Volume weighted average price: 5.68000 EUR About Nokia We create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers, with the industry's most complete, end-to-end portfolio of products, services and licensing. From the enabling infrastructure for 5G and the Internet of Things, to emerging applications in virtual reality and digital health, we are shaping the future of technology to transform the human experience. www.nokia.com Media Enquiries: Nokia Communications Tel. +358 (0) 10 448 4900 Email: press.services@nokia.com []