Nokian Tyres (HEX:TYRES) -- The Annual General Meeting of Nokian Tyres plc held on April 28, 2022 decided that 60% of the annual fee of the members of the Board of Directors be paid in cash and 40% in Company shares. Pursuant to said decision, shares have been acquired as follows to Jouko Plnen:

Person subject to the notification requirement

Name: Plnen, Jouko

Position: Member of the Board/Deputy member

Issuer: Nokian Renkaat Oyj

LEI: 743700YQIO8Y4L4WKR40

Notification type: INITIAL NOTIFICATION

Reference number: 743700YQIO8Y4L4WKR40_20220502114621_86

Transaction date: 2022-04-29

Venue: XHEL Instrument type:

SHARE ISIN: FI0009005318 Nature of the transaction:

RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details (1): Volume: 2346 Unit price: 0.00 EUR Aggregated transactions (1): Volume: 2346 Volume weighted average price: 0.00 EUR

Nokian Tyres plc

Pivi Antola SVP, Corporate Communications and Investor Relations Tel. +358 10 401 7327 Distribution: Nasdaq Helsinki, 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

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