Notification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of FMR LLC in Nokia Corporation exceeded 5%

On March 4, 2026, Nokia Corporation disclosed that FMR LLC's stake in the company exceeded 5% as stipulated under Chapter 9, Section 10 of the Finnish Securities Market Act (FSMA). This notification was triggered because, as of March 2, 2026, FMR LLC's indirect holdings reached a total of 5.04% of Nokia’s total shares, which stands at 5,742,239,696. These shares correspondingly carry the same number of voting rights.

Specifically, the notification breaks down FMR LLC's holdings into distinct categories. The entity holds directly 289,538,191 shares, accounting for 5.04% of total shares, along with 277,150,920 voting rights, reflecting a similar percentage of 4.83% in voting power. Notably, this represents a change from previous holdings, which were not applicable or disclosed in prior communications.

The structure of ownership also elaborates on the chain of control, indicating that FMR LLC has several affiliated entities involved in maintaining these holdings, including Fidelity Management & Research Company, FMTC Holdings LLC, and various subsidiaries under the Fidelity umbrella, each contributing to the overall percentage of shares and voting rights.

The notification underscores FMR LLC’s growing influence within Nokia Corporation amid the backdrop of the company's pivotal role as a leader in connectivity solutions particularly tuned to the AI era. Nokia, with its extensive expertise across multiple types of networks, continues to advance towards enhancing global connectivity. This regulatory disclosure underpins the transparency mandated by the Finnish securities regulations and stresses the importance of institutional investor roles in publicly traded companies. For further inquiries, Nokia’s communications and investor relations teams have provided contact details.

On March 2, 2026, FMR LLC crossed a significant threshold by acquiring 5.04% of Nokia Corporation’s total shares, as reported under Chapter 9, Section 10 of the Finnish Securities Market Act. This increase in ownership signals a notable confidence in Nokia's potential, particularly as the company continues to innovate in areas such as connectivity and AI, which are crucial for future growth.

Investors should recognize this move as a positive indicator of market sentiment surrounding Nokia. FMR LLC, with its extensive investment expertise, likely sees considerable value in Nokia's strategic initiatives. As Nokia aims to enhance its market position in the global telecommunications landscape, this substantial investment suggests potential anticipated growth and profitability.

Given Nokia’s current position with over 5.7 billion shares, FMR LLC's holdings represent a significant vote of confidence. Key metrics of FMR's position include 289,538,191 shares and an indirect voting rights stake of 277,150,920, underscoring the importance of FMR LLC's stake in influencing shareholder decisions.

For current and prospective investors, this development should prompt a closer examination of Nokia’s operational strategies, product offerings, and competitive landscape. Evaluating Nokia’s performance in the context of its market position, particularly amid rising demands for advanced technology and infrastructure, could yield beneficial insights.

Furthermore, it may be prudent for investors to monitor upcoming announcements regarding Nokia's financial results or strategic partnerships, as these could impact stock performance. If FMR LLC continues to increase its ownership percentage, it could signal bullish news ahead, suggesting that Nokia's stock may experience upward momentum.

In summary, the increase in holdings by FMR LLC serves as a barometer of market confidence, making Nokia Corporation a stock worth watching for investment opportunities.