Annual Financial Report

Nokia Corporation

22 March 2018

Nokia Annual Report on Form 20-F 2017

Nokia published its Annual Report on Form 20-F for the year 2017. To view the full document, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/6793I_-2018-3-22.pdf

A copy of "Nokia Annual Report on Form 20-F 2017" has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM.

For further information, please contact:

Jussi KoskinenVice PresidentCorporate LegalKaraportti 3FI-02610EspooFinland

Tel: +358 (0) 10 44 88 000Fax: +358 (0) 10 44 81 002