Publication of Supplementary Prospectus

Nokia Corporation

5 May 2020

Publication of Supplementary Prospectus

The following document (the "Supplement") has been approved by the Central Bank of Ireland and is available for viewing:

Supplementary Prospectus dated 5 May 2020 in relation to the EUR 5,000,000,000 Euro Medium Term Note Programme of Nokia Corporation.

To view the Supplement please paste the following URL into the address bar of your browser.

https://www.nokia.com/about-us/investors/debt-information/debt-downloads/ 

For further information, please contact:

Esa Niinimäki

Deputy Chief Legal Officer, Corporate

Karakaari 7

FI-02610

Espoo

Finland

Tel: +358 (0) 10 44 88 000

Fax: +358 (0) 10 44 81 002

DISCLAIMER INTENDED ADDRESSEES

Please note that the information contained in the Supplement may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Base Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the prospectus is not addressed. Prior to relying on the information contained in the Supplement you must ascertain from the Supplement whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.