Nokia releases 2024 Annual Report and files Form 20 for the year

Nokia Corporation has recently released its Nokia in 2024 Annual Report and submitted its Annual Report on Form 20-F for the year 2024. The Annual Report encompasses audited financial statements, a review by the Board of Directors, including a Sustainability Statement, as well as Nokia’s corporate governance statement and the Remuneration Report for the governing bodies for the year 2024. This important financial and operational information is now available in PDF format on Nokia’s official website, www.nokia.com/financials.

Furthermore, Nokia has filed its Annual Report on Form 20-F for 2024 with the U.S. Securities and Exchange Commission, providing transparency and compliance with regulatory requirements. The corporate governance statement and the Remuneration Report can also be accessed at specific links on Nokia’s website for stakeholders and interested parties to review and analyze. The consolidated financial statements have been presented in accordance with the European Single Electronic Format (ESEF) reporting requirements, containing iXBRL tags for easy identification and navigation.

Deloitte Oy, an independent audit firm, has conducted a reasonable assurance engagement on Nokia’s ESEF financial statements following International Standard on Assurance Engagements ISAE 3000 guidelines. The financial statements in Finnish have been made available for download for further examination and scrutiny. Nokia’s Sustainability Statement, a crucial element of the annual review by the Board of Directors, has been formulated in alignment with European Sustainability Reporting Standards (ESRS) and Finnish Accounting Act regulations. Deloitte Oy has also provided a limited assurance report on the Sustainability Statement as per International Standard on Assurance Engagements ISAE 3000 (revised).

Nokia prides itself on being a technology company that fosters collaboration and unity in the world. As an industry leader in B2B technology innovation, Nokia is at the forefront of developing networks that are intuitive, cognitive, and responsive, utilizing advancements in mobile, fixed, and cloud networks. Our commitment to intellectual property and innovative research, overseen by the renowned Nokia Bell Labs, highlights our dedication to progress and evolution within the technological landscape.

With open and flexible architectures that seamlessly integrate into diverse ecosystems, Nokia’s high-performance networks offer new avenues for monetization and expansion. Globally, service providers, enterprises, and partners trust Nokia to deliver robust, secure, and sustainable networks that pave the way for digital services and applications of the future. For inquiries or further information, please contact Nokia Communications at the provided phone number and email address or reach out to Nokia’s Investor Relations team for financial details and investor-related queries.