Nokia Oyj — Director's Dealing 2020

Mar 19, 2020

Disclosure 381169

Nokia - Managers' transactions

Nokia Corporation - Managers' transactions

Nokia Corporation

Managers’ transactions

March 19, 2020 at 8:00 (CET +1)

Nokia Corporation - Managers' transactions

Transaction notification under Article 19 of EU Market Abuse Regulation.

____________________________________________

Person subject to the notification requirement

Name: Piou, Olivier

Position: Member of the Board/Deputy member

Issuer: Nokia Corporation

LEI: 549300A0JPRWG1KI7U06

Notification type: INITIAL NOTIFICATION

Reference number: 549300A0JPRWG1KI7U06_20200318181440_3

____________________________________________

Transaction date: 2020-03-16

Venue: XIEL

Instrument type: SHARE

ISIN: FI0009000681

Nature of the transaction: ACQUISITION

Transaction details

(1): Volume: 50,000 Unit price: 2.151 EUR

Aggregated transactions

(1): Volume: 50,000 Volume weighted average price: 2.151 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