In accordance with the share buyback program announced on January 25, 2024, Nokia today decided to launch the first phase of the share buyback program.

The total purchase price of all Nokia shares to be acquired will not exceed 300 million euros.

Repurchases will begin at the earliest on March 20, 2024 and end on December 18, 2024.

The maximum number of shares that may be repurchased under the first phase of the program is 200 million shares corresponding to approximately 4% of Nokia's total share capital.

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