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Management shareholding

Share ownership of the Board of Directors and the Nokia Group Leadership Team

The following tables set forth the number of shares and ADSs held by the members of the Board, the President and CEO and the other members of the Group Leadership Team as of 5 May 2021.

Board of Directors

Name

Shares(1)

ADSs(1)

Sari Baldauf (Board Chair)

206 931

 

Kari Stadigh (Board Vice Chair)

328 058

 

Bruce Brown

 

185 656

Thomas Dannenfeldt

48 677

 

Jeanette Horan

 

79 008

Edward Kozel

 

106 070

Søren Skou 

49 092

 

Carla Smits-Nusteling

97 583

 

Group Leadership Team

Name

Position

Shares(1)

ADSs(1)

Pekka Lundmark

President and Chief Executive Officer

788 850

 

Nassib Abou-Khalil

Chief Legal Officer

89 446

 

Nishant Batra

Chief Strategy and Technology Officer

 

 

Ricky Corker

Chief Customer Experience Officer

272 966

 

Federico Guillén

President of Network Infrastructure

317 262

 

Jenni Lukander

President of Nokia Technologies

20 491

 

Raghav Sahgal

President of Cloud and Network Services

310 558

 

Melissa Schoeb

Chief Corporate Affairs Officer

 

 

Tommi Uitto

President of Mobile Networks

62 533

 

Stephanie Werner-Dietz

Chief People Officer

32 062

 

Marco Wirén

Chief Financial Officer

78 000

 

(1) The number of shares or ADSs includes shares received as executive compensation as well as shares and ADSs acquired through other means. Stock options or other equity awards that are deemed as being beneficially owned under the applicable SEC rules are not included.