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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 26 July 2022.

Board of Directors

Name

Shares(1)

ADSs(1)

Sari Baldauf (Board Chair)

243 148

 

Søren Skou (Board Vice Chair)

66 377

 

Bruce Brown

 

202 941

Thomas Dannenfeldt

80 139

 

Lisa Hook

 

15 227

Jeanette Horan

 

95 058

Edward Kozel

 

122 944

Thomas Saueressig 

14 816

 

Carla Smits-Nusteling

114 045

 

Kai Öistämö

14 816

 

Group Leadership Team

Name

Position

Shares(1)

ADSs(1)

Pekka Lundmark

President and Chief Executive Officer

1 232 333

 

Nassib Abou-Khalil

Chief Legal Officer

129 375

 

Nishant Batra

Chief Strategy and Technology Officer

504 639

 

Ricky Corker

Chief Customer Experience Officer

359 855

 

Federico Guillén

President of Network Infrastructure

404 777

 

Jenni Lukander

President of Nokia Technologies

76 788

 

Raghav Sahgal

President of Cloud and Network Services

470 912

 

Melissa Schoeb

Chief Corporate Affairs Officer

127 119

 

Tommi Uitto

President of Mobile Networks

122 260

 

Stephanie Werner-Dietz

Chief People Officer

46 117

 

Marco Wirén

Chief Financial Officer

230 254

 

(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.