Nokia Corporation - Managers' transactions Nokia C

Nokia Corporation Managers' transactions May 18, 2018 at 13:00 (CET +1) Nokia Corporation - Managers' transactions

Transaction notification under Article 19 of EU Market Abuse Regulation.

The transaction was done in accordance with the co-investment arrangement relating to Nokia's 2018 Performance Share Plan as announced in connection with the company's interim report for Q1 2018. ____________________________________________ Person subject to the notification requirement Name: Chowdhary, Ashish Position: Other senior manager Issuer: Nokia Corporation LEI: 549300A0JPRWG1KI7U06

Notification type: INITIAL NOTIFICATION Reference number: 549300A0JPRWG1KI7U06_20180516162752_4 ____________________________________________

Transaction date: 2018-05-15 Venue: TURQUOISE (TRQX) Instrument type: SHARE ISIN: FI0009000681 Nature of the transaction: ACQUISITION

Transaction details (1): Volume: 19,595 Unit price: 5.2563 EUR

Aggregated transactions (1): Volume: 19,595 Volume weighted average price: 5.2563 EUR

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