NOKIA ANNOUNCES DESIGNATED HEAD OF INDIA FOR COMBINED NOKIA AND ALCATEL-LUCENT

Nokia Corporation

November 16, 2015

Espoo, Finland - Nokia today announces that Sandeep Girotra would become the Head of India 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.

Sandeep Girotra would oversee the combined company's customer operations across India, driving the execution of strategy and ensuring superior customer service, underpinned by a strong focus on innovation and quality.

Sandeep Girotra joined Nokia Networks in 1996 and has held a number of different roles in India, heading the region since 2011. In 2010 he served as Head of Sales for Business Solution Networks having been Customer Team Head at IDEA Cellular within Nokia Siemens Networks from 2007 to 2009.

Sandeep Girotra would report to Ashish Chowdhary, Chief Customer Operations Officer, who said:

"We are delighted to announce the appointment of Sandeep Girotra as designated Head of India. He brings valuable regional experience and expertise, and would 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.