Nokia Oyj — Director's Dealing 2020

May 7, 2020

Disclosure 383360

Nokia - Managers' transactions

Nokia Corporation - Managers' transactions

Nokia Corporation

Managers’ transactions

May 7, 2020 at 9:00 (CET +1)

Nokia Corporation - Managers' transactions

Transaction notification under Article 19 of EU Market Abuse Regulation.

____________________________________________

Person subject to the notification requirement

Name: French, Barry

Position: Other senior manager

Issuer: Nokia Corporation

LEI: 549300A0JPRWG1KI7U06

Notification type: INITIAL NOTIFICATION

Reference number: 549300A0JPRWG1KI7U06_20200505135731_2

____________________________________________

Transaction date: 2020-05-04

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009000681

Nature of the transaction: ACQUISITION

Transaction details

(1): Volume: 164 Unit price: 3.2345 EUR

Aggregated transactions

(1): Volume: 164 Volume weighted average price: 3.2345 EUR

**About Nokia

**We 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.

**Media Enquiries:

**NokiaCommunicationsTel. +358 (0) 10 448 4900Email: press.services@nokia.com

Katja Antila, Head of Media Relations