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Nokia to discontinue Chief Operating Officer role; current COO Joerg Erlemeier to leave company

Nokia Corporation 
Stock Exchange Release
November 25, 2019 at 18:30 (CET +1)

Nokia to discontinue Chief Operating Officer role; current COO Joerg Erlemeier to leave company

Nokia announced today that it would discontinue the Chief Operating Officer (COO) role and distribute its various functions to other Nokia leaders. As a result, the current COO, Joerg Erlemeier, has decided to step down from the company’s Group Leadership Team and leave the company as of January 1, 2020.

“Joerg has been a long-time, trusted colleague,” said Nokia President and Chief Executive Officer Rajeev Suri. “He leaves the company with my thanks and deep appreciation for his many important contributions.”

“After 25 years at Nokia, I am ready to take on new challenges,” said Erlemeier. “While the company is in the midst of a transition, I leave firm in my belief that the right plan is in place to improve future performance. I wish the company and all my colleagues the very best.”

About Nokia
We create the technology to connect the world. We develop and deliver the industry's only end-to-end portfolio of network equipment, software, services and licensing that is available globally. Our customers include communications service providers whose combined networks support 6.1 billion subscriptions, as well as enterprises in the private and public sector that use our network portfolio to increase productivity and enrich lives.

Through our research teams, including the world-renowned Nokia Bell Labs, we are leading the world to adopt end-to-end 5G networks that are faster, more secure and capable of revolutionizing lives, economies and societies. Nokia adheres to the highest ethical business standards as we create technology with social purpose, quality and integrity. www.nokia.com

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It should be noted that Nokia and its businesses are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements. 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