Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres plc Stock Exchange Release May 26, 2025, at 2:30 p.m. EEST

Nokian Tyres has received an announcement from The Goldman Sachs Group, Inc. on
May 23, 2025, in accordance with the Finnish Securities Market Act Chapter 9,
Section 5. According to the announcement, the holding through financial
instruments in Nokian Tyres shares and voting rights owned by The Goldman Sachs
Group, Inc. fell below the level of 5% as a result of share transactions
concluded on May 22, 2025.

The holding through financial instruments of The Goldman Sachs Group, Inc. and
its controlled undertakings and funds in Nokian Tyres has decreased to 6,833,297
shares, corresponding to 4.92% of Nokian Tyres' shares and voting rights.

Total positions of person(s) subject to the notification obligation:

+----------------+-----------+------------------+---------+-----------+
|                |% of shares|% of shares and   |Total of |Total      |
|                |and voting |voting rights     |both     |number of  |
|                |rights     |through           |in %     |shares     |
|                |(total of  |financial         |(7.A+7.B)|and voting |
|                |7.A)       |instruments (total|         |rights of  |
|                |           |of 7.B)           |         |issuer     |
+----------------+-----------+------------------+---------+-----------+
|Resulting       |0.23%      |4.92%             |5.15%    |138,921,750|
|situation on the|           |                  |         |           |
|date on         |           |                  |         |           |
|which threshold |           |                  |         |           |
|was crossed or  |           |                  |         |           |
|reached         |           |                  |         |           |
+----------------+-----------+------------------+---------+-----------+
|Positions of    |0.01%      |5.47%             |5.48%    |           |
|previous        |           |                  |         |           |
|notification    |           |                  |         |           |
+----------------+-----------+------------------+---------+-----------+

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: Shares and voting rights:

+------------+------+-----------------+----------------+-----------------+
|Class/type  |Number                  |% of shares and                   |
|of shares   |of                      |voting rights                     |
|ISIN code   |shares                  |                                  |
|            |and                     |                                  |
|            |voting                  |                                  |
|            |rights                  |                                  |
+------------+------+-----------------+----------------+-----------------+
|            |Direct|Indirect         |Direct (SMA 9:5)|Indirect         |
|            |(SMA  |(SMA 9:6 and 9:7)|                |(SMA 9:6 and 9:7)|
|            |9:5)  |                 |                |                 |
+------------+------+-----------------+----------------+-----------------+
|FI0009005318|      |326,352          |                |0.23%            |
+------------+------+-----------------+----------------+-----------------+
|US65528V1070|      |29               |                |0.00002%         |
+------------+------+-----------------+----------------+-----------------+
|Subtotal A  |326,381                 |0.23%                             |
+------------+------+-----------------+----------------+-----------------+

B: Financial instruments according to SMA 9:6a:

+----------+----------+----------+-----------+---------+---------------+
|Type of   |Expiration|Exercise/ |Physical or|Number of|% of shares and|
|financial |date      |Conversion|cash       |shares   |voting rights  |
|instrument|          |Period    |settlement |and      |               |
|          |          |          |           |voting   |               |
|          |          |          |           |rights   |               |
+----------+----------+----------+-----------+---------+---------------+
|Securities|Open      |          |Physical   |3,532,158|2.54%          |
|lending   |          |          |           |         |               |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |11/04/2028|          |Cash       |441,825  |0.32%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |13/03/2028|          |Cash       |391,593  |0.28%          |
+----------+----------+----------+-----------+---------+---------------+
|Call      |07/06/2030|          |Cash       |334,922  |0.24%          |
|Option    |          |          |           |         |               |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |30/04/2026|          |Cash       |313,540  |0.23%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |20/08/2027|          |Cash       |294,568  |0.21%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |17/02/2028|          |Cash       |262,553  |0.19%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |09/10/2034|          |Cash       |224,468  |0.16%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |30/04/2035|          |Cash       |181,119  |0.13%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |24/04/2028|          |Cash       |177,529  |0.13%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |07/05/2035|          |Cash       |146,167  |0.11%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |12/02/2035|          |Cash       |85,872   |0.06%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |02/01/2035|          |Cash       |57,955   |0.04%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |09/10/2034|          |Cash       |50,437   |0.04%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |10/06/2031|          |Cash       |40,097   |0.03%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |26/06/2026|          |Cash       |37,780   |0.03%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |15/01/2030|          |Cash       |35,604   |0.03%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |07/03/2029|          |Cash       |33,355   |0.02%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |07/02/2028|          |Cash       |31,593   |0.02%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |15/05/2028|          |Cash       |28,263   |0.02%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |17/08/2026|          |Cash       |22,007   |0.02%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |03/06/2027|          |Cash       |21,193   |0.02%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |06/03/2028|          |Cash       |16,963   |0.01%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |17/08/2026|          |Cash       |11,481   |0.01%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |17/08/2026|          |Cash       |10,792   |0.01%          |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |31/03/2028|          |Cash       |9,823    |0.007%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |10/06/2031|          |Cash       |8,516    |0.006%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |08/12/2025|          |Cash       |8,427    |0.006%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |29/05/2026|          |Cash       |5,520    |0.004%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |13/06/2025|          |Cash       |5,460    |0.004%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |02/01/2035|          |Cash       |3,721    |0.003%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |07/05/2035|          |Cash       |3,578    |0.003%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |17/08/2026|          |Cash       |2,796    |0.002%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |21/05/2035|          |Cash       |1,327    |0.001%         |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |17/08/2026|          |Cash       |295      |0.0002%        |
+----------+----------+----------+-----------+---------+---------------+
|Swap      |08/03/2033|          |Cash       |2        |0.000001%      |
+----------+----------+----------+-----------+---------+---------------+
|          |          |          |Subtotal B |6,833,297|4.92%          |
+----------+----------+----------+-----------+---------+---------------+

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:

Name                          % of shares  % of shares and voting rights  Total
                              and voting   through financial instruments   of
                                rights                                    both
The Goldman Sachs Group,
Inc.
Goldman Sachs (UK) L.L.C.
Goldman Sachs Group UK
Limited
Goldman Sachs International

The Goldman Sachs Group,
Inc.
GSAM Holdings LLC
Goldman Sachs Asset
Management, L.P.

The Goldman Sachs Group,
Inc.
Goldman Sachs & Co. LLC

The Goldman Sachs Group,
Inc.
Goldman Sachs Bank USA
Goldman Sachs Bank Europe SE

The Goldman Sachs Group,
Inc.
GSAM Holdings LLC
GSAMI Holdings I LLC
GSAMI Holdings II Ltd
Goldman Sachs Asset
Management International
Holdings Ltd
Goldman Sachs Asset
Management International

Further information:
Elina Lehtinen
Director, External Communications
Tel. +358 10 401 7361, media@nokiantyres.com

Nokian Tyres' purpose is to make the world safer by reinventing tires, and how
they are made, over and over again - a safer place to drive, work and live now
and for generations to come. Inspired by our northern heritage, we develop and
manufacture premium tires for passenger cars, trucks and heavy machinery with
sustainability at the heart of all our operations. Our Vianor chain provides
tire and car services. We are some 3,800 people with net sales of EUR 1.3
billion in 2024, and together we lead the journey to smarter driving for people
and for businesses. Nokian Tyres is listed on Nasdaq Helsinki. Further
information: company.nokiantyres.com (https://eur04.safelinks.protection.outlook.
com/?url=https%3A%2F%2Fpublish.ne.cision.com%2Fl%2Fhdyxuosoc%2Fcompany.nokiantyre
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