Nokian Renkaat Oyj

Major Shareholding Notification • Jun 15, 2022

Disclosure 409982

Nokian Renkaat - Major shareholder announcements

Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres plc Stock Exchange Release June 15, 2022 at 15:00 p.m. Nokian Tyres has received an announcement from Amundi Asset Management on June 15, 2022, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement Amundi Asset Management's and its funds combined direct and indirect holding in Nokian Tyres shares exceeded the level of 5%of the share capital in Nokian Tyres plc, as a result of share transactions concluded on June 10, 2022. The direct shareholding of Amundi Asset Management and its funds in Nokian Tyres amounted to 6,653,871 shares, corresponding to 4.79% of Nokian Tyres' shares and voting rights, and indirect shareholding in Nokian Tyres amounted to 1,465,767 shares, corresponding to 1.05% of Nokian Tyres' shares and voting rights. Amundi Asset Management and its funds held on deal date a total of 8,119,638 Nokian Tyres' shares representing 5.84% of the company's 138,921,750 shares and voting rights. Total positions of person(s) subject to the notification obligation: +----------------+----------+------------------+-----+----------------------+ | |% of |% of shares and |Total|Total number of shares| | |shares and|voting rights |of |and voting rights of | | |voting |through financial |both |issuer | | |rights |instruments (total|in % | | | |(total |of B) |(A+B)| | | |of A) | | | | +----------------+----------+------------------+-----+----------------------+ |Resulting |5.84% | |5.84%|138,921,750 | |situation on the| | | | | |date on | | | | | |which threshold | | | | | |was crossed or | | | | | |reached | | | | | +----------------+----------+------------------+-----+----------------------+ |Positions of |4.92% | |4.92%| | |previous | | | | | |notification | | | | | +----------------+----------+------------------+-----+----------------------+ Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: Shares and voting rights: +------------+-----------------+-----------------+-----------+------------+ |Class/type |Number of shares |Number of shares |% of shares|% of shares | |of shares |and voting rights|and voting rights|and voting |and voting | |ISIN code | | |rights |rights | +------------+-----------------+-----------------+-----------+------------+ | |Direct (SMA 9:5) |Indirect |Direct (SMA|Indirect | | | |(SMA 9:6 and 9:7)|9:5) |(SMA 9:6 and| | | | | |9:7) | +------------+-----------------+-----------------+-----------+------------+ |FI0009005318|6,653,871 |1,465,767 |4,79% |1.05% | +------------+-----------------+-----------------+-----------+------------+ |SUBTOTAL A |8,119,638 |5,84% | +------------+-----------------+-----------------+-----------+------------+ B: Financial instruments according to SMA 9:6a: +----------+----------+----------+----------+-----------------+---------------+ |Type of |Expiration|Exercise/ |Physical |Number of shares |% of shares and| |financial |date |Conversion|or |and voting rights|voting rights | |instrument| |Period |cash | | | | | | |settlement| | | +----------+----------+----------+----------+-----------------+---------------+ | | | | | | | +----------+----------+----------+----------+-----------------+---------------+ |SUBTOTAL B| | | | | | +----------+----------+----------+----------+-----------------+---------------+ Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity: +------------+-----------+-----------------------------+------------------+ |Name |% of shares|% of shares and voting rights|Total of both in %| | |and voting |through financial instruments| | | |rights | | | +------------+-----------+-----------------------------+------------------+ |Amundi Asset|5.66% | |5.66% | |Management | | | | +------------+-----------+-----------------------------+------------------+ |LYXOR FUNDS |0.15% | |0.15% | |SOLUTIONS | | | | |S.A. | | | | +------------+-----------+-----------------------------+------------------+ |CPR AM |0.03% | |0.03% | +------------+-----------+-----------------------------+------------------+ |Amundi Hong |0.003% | |0.003% | |-Kong Ltd | | | | +------------+-----------+-----------------------------+------------------+ Nokian Tyres plc Päivi Antola SVP, Corporate Communications and Investor Relations Tel. +358 10 401 7327 Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com Nokian Tyres develops and manufactures premium tires for people who value safety, sustainability and predictability. Our purpose is to empower the world to drive smarter. Inspired by our Scandinavian heritage, we craft innovative products for passenger cars, trucks and heavy machinery that give you peace of mind in all driving conditions. Our Vianor chain provides tire and car services. In 2021, the company's net sales were EUR 1.7 billion and it employed some 4,900 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com (https://eur04.safelinks.protection.outlook.com/?url=http%3A% 2F%2Fwww.nokiantyres.com%2F&data=04%7C01%7CAnne.Aittoniemi%40nokiantyres.com%7C60 08b44e6299446045c908d9eaf59fe2%7C2293b824c7984957856edf1992afab2e%7C0%7C0%7C63779 9162931958329%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI 6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&sdata=D%2BzognNbQ6ve2pityGWCz9AT%2B46YZWYEdPNkzRcW TtE%3D&reserved=0)