Nokia announces completion of directed share issuance to Nvidia

Following the completion of the directed share issuance to NVIDIA (NVDA), announced by Nokia (NOK) on 28 October 2025, a total of 166 389 351 new Nokia shares were registered with the Finnish Trade Register and entered in the book-entry system maintained by Euroclear Finland Ltd. The new shares are further delivered to NVIDIA in the form of American Depositary Shares. The total number of Nokia shares following the completion of the share issuance and the registration of the new shares is 5 742 239 696. The new shares represent approximately 2.90% of the total number of Nokia shares. The new shares are expected to commence trading on Nasdaq Helsinki on or about 14 November 2025, together with other Nokia shares. The new shares will not be listed on Euronext Paris, subject to the completion of the delisting process initially announced on 4 November 2025.