Nokia CFO receives share-based incentive

HELSINKI - Nokia (HE:NOKIA) Corporation announced that its Chief Financial Officer, Marco Wirén, has received a share-based incentive as part of the company's remuneration program. The transaction, which took place outside of a trading venue on Wednesday, involved the receipt of 36,729 Nokia shares. The incentive comes as part of the company's ongoing efforts to align the interests of its executives with those of its shareholders.

The transaction was reported in accordance with the EU Market Abuse Regulation, which mandates the disclosure of transactions by persons discharging managerial responsibilities within listed companies. The notification did not specify a unit price for the shares, as they were granted as part of an incentive plan rather than purchased on the open market.

Nokia, a global leader in B2B technology innovation, is known for developing networks that are capable of sensing, thinking, and acting, drawing on its extensive work across mobile, fixed, and cloud networks. The company also places a strong emphasis on creating value through intellectual property and long-term research conducted by the Nokia Bell Labs. Nokia's open architectures are designed to integrate seamlessly into any ecosystem, providing high-performance networks that offer new opportunities for monetization and scale.

The Finnish telecom giant has established a reputation for delivering secure, reliable, and sustainable networks. Service providers, enterprises, and partners around the world rely on Nokia's expertise to support their digital services and applications today, while also collaborating with the company to shape the innovations of tomorrow.

The disclosure of this transaction underscores Nokia's commitment to transparency in its executive compensation practices. It also highlights the company's confidence in its strategic direction and the potential for future growth, as executive remuneration is increasingly tied to the company's performance.

This news is based on a press release statement from Nokia Corporation.

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