Core Insights - Nokia announced changes to its Group Leadership Team, with Federico Guillén set to retire on 31 December 2025, stepping down as President of the Network Infrastructure business group on 30 June 2025 [2][5] - David Heard has been promoted to President of Network Infrastructure, effective 1 July 2025, and will join the Group Leadership Team [3][8] - Victoria Hanrahan will join the Group Leadership Team as Chief of Staff to the President and CEO, effective immediately [7][8] Leadership Transition - Federico Guillén has played a crucial role in building a profitable Network Infrastructure business and has overseen significant portfolio changes, including the divestment of the Submarine Networks business and the acquisition of Infinera [5][6] - David Heard, previously Chief Strategic Growth Officer at Nokia and former CEO of Infinera, brings extensive experience in the telecom industry and a strong focus on innovation [4][6][9] - The transition aims to ensure continuity and leverage David Heard's expertise in scaling businesses and driving innovation [6][8] New Appointments - Victoria Hanrahan's role as Chief of Staff will focus on strategic and operational initiatives, enhancing cross-functional execution and organizational alignment [7][8] - Both new leaders will report directly to Nokia's President and CEO, Justin Hotard, with David based in Dallas and Victoria in Espoo [3][7]

Core Viewpoint - Nokia Corporation has implemented a resolution to pay approximately 40% of the annual fee of Board members in Nokia shares, indicating a commitment to aligning the interests of management with shareholders [1]. Group 1: Managerial Transactions - On May 7, 2025, Thomas Saueressig, a member of the Board, received a share-based incentive of 17,394 shares at a unit price of 0.00 EUR, reflecting the company's approach to incentivizing its management [2]. - The transaction was conducted on NASDAQ HELSINKI LTD, and the aggregated volume weighted average price for the shares was also 0.00 EUR [2]. Group 2: Company Overview - Nokia is recognized as a B2B technology innovation leader, focusing on creating networks that are capable of sensing, thinking, and acting, leveraging advancements across mobile, fixed, and cloud networks [3]. - The company emphasizes the importance of intellectual property and long-term research, with Nokia Bell Labs celebrating 100 years of innovation [3]. - Nokia's high-performance networks are designed with open architectures that integrate seamlessly into various ecosystems, providing new monetization opportunities and scalability for service providers, enterprises, and partners globally [4].

Group 1 - Nokia Corporation's Annual General Meeting resolved that approximately 40% of the annual fee for Board members will be paid in Nokia shares [1] - Sari Baldauf, a member of the Board, received a share-based incentive of 41,478 shares on May 7, 2025, with a unit price of 0.00 EUR [2] - Nokia is recognized as a B2B technology innovation leader, focusing on creating networks that leverage mobile, fixed, and cloud technologies [3][4] Group 2 - Nokia's high-performance networks are designed to integrate seamlessly into various ecosystems, providing new monetization opportunities for service providers and enterprises [4] - The company emphasizes the importance of secure, reliable, and sustainable networks, which are essential for developing future digital services and applications [4]

Group 1 - Nokia Corporation's Annual General Meeting resolved that approximately 40% of the annual fee for Board members will be paid in Nokia shares [1] - Board member Pernille Erenbjerg received a share-based incentive of 17,840 shares at a unit price of 0.00 EUR on May 7, 2025 [2] - Nokia is a B2B technology innovation leader, focusing on creating networks that leverage mobile, fixed, and cloud technologies [3] Group 2 - Nokia's high-performance networks are designed with open architectures that integrate into various ecosystems, providing new monetization opportunities [4] - The company is trusted by service providers, enterprises, and partners globally to deliver secure, reliable, and sustainable networks [4]

Group 1 - Nokia Corporation's Annual General Meeting resolved that approximately 40% of the annual fee for Board members will be paid in Nokia shares [1] - Lisa Hook, a member of the Board, received a share-based incentive of 18,732 shares on May 7, 2025, with a unit price of 0.00 EUR [2] - Nokia is recognized as a B2B technology innovation leader, focusing on creating networks that leverage mobile, fixed, and cloud technologies [3][4] Group 2 - Nokia's high-performance networks are designed to integrate seamlessly into various ecosystems, providing new monetization opportunities for service providers and enterprises [4] - The company emphasizes the importance of secure, reliable, and sustainable networks, which are essential for developing future digital services and applications [4]

Corporate Governance - Nokia Corporation's Board of Directors elected Sari Baldauf as Chair and Timo Ihamuotila as Vice Chair [1] - Thomas Dannenfeldt was elected as Chair of the Audit Committee, with Pernille Erenbjerg, Lisa Hook, and Mike McNamara as members [1] - Timo Ihamuotila was elected as Chair of the Corporate Governance and Nomination Committee, with Sari Baldauf, Pernille Erenbjerg, and Thomas Saueressig as members [1] - Thomas Dannenfeldt was elected as Chair of the Personnel Committee, with Timo Ahopelto, Sari Baldauf, and Elizabeth Crain as members [1] - Kai Öistämö was elected as Chair of the Technology Committee, with Timo Ahopelto, Mike McNamara, and Thomas Saueressig as members [1] - Elizabeth Crain was elected as Chair of the Strategy Committee, with Sari Baldauf, Lisa Hook, Timo Ihamuotila, and Kai Öistämö as members [1] Dividend Announcement - The Board of Directors resolved a dividend of EUR 0.04 per share, to be paid to shareholders registered by 5 May 2025 [1] - The dividend payment date is set for 12 May 2025, with the actual date for payments outside Finland determined by intermediary banks [1] - Following this dividend announcement, the Board's remaining asset distribution authorization is a maximum of EUR 0.10 per share [1] Company Overview - Nokia is a B2B technology innovation leader, creating technology that helps the world act together [2] - The company is pioneering networks that sense, think, and act, leveraging work across mobile, fixed, and cloud networks [2] - Nokia Bell Labs, celebrating 100 years of innovation, leads the company's long-term research and intellectual property efforts [2]

Corporate Governance - Nokia Corporation's Board of Directors elected Sari Baldauf as Chair and Timo Ihamuotila as Vice Chair [1] - Thomas Dannenfeldt was elected as Chair of the Audit Committee, with Pernille Erenbjerg, Lisa Hook, and Mike McNamara as members [1] - Timo Ihamuotila was elected as Chair of the Corporate Governance and Nomination Committee, with Sari Baldauf, Pernille Erenbjerg, and Thomas Saueressig as members [1] - Thomas Dannenfeldt was elected as Chair of the Personnel Committee, with Timo Ahopelto, Sari Baldauf, and Elizabeth Crain as members [1] - Kai Öistämö was elected as Chair of the Technology Committee, with Timo Ahopelto, Mike McNamara, and Thomas Saueressig as members [1] - Elizabeth Crain was elected as Chair of the Strategy Committee, with Sari Baldauf, Lisa Hook, Timo Ihamuotila, and Kai Öistämö as members [1] Dividend Announcement - The Board of Directors resolved to distribute a dividend of EUR 0.04 per share, based on the authorization from the Annual General Meeting 2025 [1] - The dividend will be paid to shareholders registered by the record date of 5 May 2025, with payment scheduled for 12 May 2025 [1] - The remaining asset distribution authorization for the Board is a maximum of EUR 0.10 per share [1] Company Overview - Nokia is a B2B technology innovation leader, creating technology that enables global collaboration [2] - The company focuses on pioneering networks that leverage mobile, fixed, and cloud technologies [2] - Nokia Bell Labs, celebrating 100 years of innovation, leads the company's long-term research and intellectual property initiatives [2]