Espoo, Finland – A total of 49 419 Nokia shares (NOKIA) held by the company were today transferred without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the plans as announced on 4 February 2021. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks.