Nokia Oyj — Major Shareholding Notification 2012

May 10, 2012

Disclosure 299906

Nokia - Major shareholder announcements

Notification under Chapter 2, Section 10 of the Finnish Securities Market Act: holdings of JPMorgan Chase & Co. in Nokia Corporation below 5%

Nokia Corporation Stock exchange release May 10, 2012 at 12.00 (CET+1) Espoo, Finland - According to information received by Nokia Corporation, the holdings of JPMorgan Chase & Co. and its controlled undertakings decreased below 5% of the share capital of Nokia on May 8, 2012. The holdings include shares owned by JPMorgan Chase companies as well as shares held on behalf of clients. The previous notification regarding the holdings of JPMorgan Chase & Co. and its controlled undertakings in Nokia was made on April 24, 2012. JPMorgan Chase & Co. has its head office at 270 Park Avenue, New York, NY 10017, USA and its IRS identification number is 13-2624428. About Nokia Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia Media Enquiries: Nokia Communications Tel. +358 7180 34900 Email: press.services@nokia.com www.nokia.com