NOKIA ANNOUNCES DESIGNATED HEAD OF ASIA-PACIFIC AND JAPAN FOR COMBINED NOKIA AND ALCATEL-LUCENT

NOKIA ANNOUNCES DESIGNATED HEAD OF ASIA-PACIFIC AND JAPAN FOR COMBINED NOKIA AND ALCATEL-LUCENT

Nokia Corporation

November 13, 2015

Espoo, Finland – Nokia today announces that Paul Tyler will become the Head of Asia-Pacific and Japan as part of the planned combination of Nokia and Alcatel-Lucent, after and subject to the successful closing of the public exchange offer for Alcatel-Lucent securities announced on April 15, 2015.

Paul will oversee the combined company’s customer operations across Asia-Pacific and Japan, driving the execution of strategy and ensuring superior customer service, underpinned by a strong focus on innovation and quality.

Paul is currently Senior Vice President for Asia-Pacific and Japan at Nokia Networks. From 2009 to 2011 he was Head of Sales for the Asia-Pacific Region and prior to that was Head of Australia, New Zealand and Pacific Islands at Nokia Networks.

Paul will report to Ashish Chowdhary, Chief Customer Operations Officer, who said:

“We are delighted to announce the appointment of Paul Tyler as designated Head of Asia-Pacific and Japan. He brings invaluable regional experience and expertise, and will be a great asset to the management team. I look forward to working with him as we continue to innovate on behalf of our customers, delivering leading products and services and positioning Nokia as the foundation of seamless connectivity for people and things, wherever they are.”

The proposed appointment is effective only after the successful closing of the public exchange offer* and is subject to the completion of the relevant works council consultation procedures.

*Nokia holding more than 50.00% of the share capital of Alcatel-Lucent on a fully diluted basis.

NOTES

The appointment of Paul Tyler follows the announcement of the planned senior leadership team and organizational structure for the combined Nokia and Alcatel-Lucent on October 7, 2015. After the closing of the exchange offer, it is planned that the Networks business would be conducted through four business groups: Mobile Networks, Fixed Networks, Applications & Analytics and IP/Optical Networks. Nokia Technologies would remain as a separate entity within the combined company. In addition, effective after the closing of the exchange offer, Nokia would have six additional business leaders serving as Chief Financial Officer, Chief Customer Operations Officer, Chief Innovation & Operating Officer, Chief Human Resources Officer, Chief Strategy Officer and Chief Marketing Officer.