Ad-hoc | 21 March 2002 17:18

Nokia Corp english

Nokia Annual General Meeting decided on a dividend of euro 0.27 per share Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Jorma Ollila continues as Chairman of the Nokia Board of Directors, Paul J. Collins as Vice Chairman The Annual General Meeting of Nokia Corporation held on March 21, 2002 (AGM) resolved to distribute a dividend of EUR 0.27 per share for 2001 as proposed by the Board of Directors. The record date for the dividend payment is March 26, 2002 and the dividend will be paid as from April 9, 2002. The AGM resolved to continue the existing authorizations held by the Board by authorizing, according to the Board’s proposal, the Board of Directors to resolve to increase the share capital by a maximum of EUR 55.8 million, of which a maximum of EUR 2.9 million may result from incentives granted to key personnel. The AGM further approved the Board’s proposal to authorize the Board to resolve to repurchase a maximum of 220 million Nokia shares by using funds available for distribution of profits, and to dispose a maximum of 220 million Nokia shares held by the Company. The authorizations are effective for a period of one year until March 21, 2003. The AGM confirmed the number of Board members to be nine. The following persons were re-elected to Nokia’s Board of Directors: Paul J. Collins, Georg Ehrnrooth, Bengt Holmström, Jorma Ollila, Robert F.W. van Oordt, Marjorie Scardino, Vesa Vainio and Arne Wessberg. Per Karlsson was elected as a new member to the Board. end of ad-hoc-announcement (c)DGAP 21.03.2002 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: In its assembly meeting, Nokia’s Board of Directors re-elected CEO Jorma Ollila to chair the Board. Paul J. Collins was re-elected Vice Chairman of the Board. The Board of Directors also elected the members of the Committees of the Board. Paul J. Collins was elected as Chairman and Bengt Holmström, Marjorie Scardino and Vesa Vainio as members to the Personnel Committee. Robert F.W. van Oordt was elected as Chairman and Georg Ehrnrooth, Per Karlsson and Arne Wessberg as members to the Audit Committee. Paul J. Collins was elected as Chairman and Bengt Holmström and Vesa Vainio as members to the Nomination Committee. The Board of Directors further resolved to postpone the application for listing of stock options B and C of Nokia Stock Option Plan 1999 and stock options A, B and C (categories 2001C 3Q/01 and 4Q/01) of the 2001 Plan to take place earliest at such date that the market price reached their respective share subscription prices. Further information: Nokia Corporate Communications Tel. +358 7180 34459 Fax. +358 7180 38226 Email communications.corporate@nokia.com www.nokia.com ——————————————————————————– WKN: 870737; ISIN: FI0009000681; Index: Listed: Amtlicher Handel in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 211718 Mär 02