IRS Form 8937

The purpose of the information posted below is to assist holders of Nokia Oyj American Depository Shares (ADSs) in determining the impact of an organizational action discussed in each attachment on the tax basis of their ADSs of Nokia Oyj.

However, the information contained herein or in any attachment set forth below is for informational purposes only and is not intended to be, and should not be construed to be, legal or tax advice to any particular security holder. Shareholders are urged to consult their own tax advisors regarding the U.S. tax consequences of each organizational action.

The IRS Form 8937 posted below is intended to meet the reporting requirement under U.S. Internal Revenue Code Section 6045B.