2023-02-03 10:10:00 CET

2023-02-03 10:10:01 CET


REGULATED INFORMATION

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Nokian Renkaat - Major shareholder announcements

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


Nokian Tyres plc Stock Exchange Release February 3, 2023 at 11:10 a.m.

Nokian Tyres has received an announcement from Norges Bank (The Central Bank of
Norway) on February 2, 2023, in accordance with the Finnish Securities Market
Act Chapter 9, Section 5. According to the announcement, Norges Bank's (The
Central Bank of Norway) direct and total holding in Nokian Tyres shares and
voting rights fell below the level of 5% of the share capital in Nokian Tyres
plc, as a result of share transactions concluded on February 1, 2023.

The direct shareholding as well as total shareholding of Norges Bank (The
Central Bank of Norway) in Nokian Tyres amounted to 6,516,978 shares,
corresponding to 4.69% of Nokian Tyres' shares and voting rights.

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

+----------------+----------+------------------+-----+----------------------+
|                |% of      |% of shares and   |Total|Total number of shares|
|                |shares and|voting rights     |of   |and voting rights of  |
|                |voting    |through financial |both |issuer                |
|                |rights    |instruments (total|in % |                      |
|                |(total    |of B)             |(A+B)|                      |
|                |of A)     |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
|Resulting       |4.69%     |0.00%             |4.69%|138,921,750           |
|situation on the|          |                  |     |                      |
|date on         |          |                  |     |                      |
|which threshold |          |                  |     |                      |
|was crossed or  |          |                  |     |                      |
|reached         |          |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
|Position of     |5.20%     |0.00%             |5.20%|                      |
|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                  |% of shares and voting rights     |
|of shares   |shares                     |                                  |
|ISIN code   |and                        |                                  |
|            |voting                     |                                  |
|            |rights                     |                                  |
+------------+---------+-----------------+----------------+-----------------+
|            |Direct   |Indirect         |Direct (SMA 9:5)|Indirect         |
|            |(SMA 9:5)|(SMA 9:6 and 9:7)|                |(SMA 9:6 and 9:7)|
+------------+---------+-----------------+----------------+-----------------+
|FI0009005318|6,516,978|                 |4.69%           |                 |
+------------+---------+-----------------+----------------+-----------------+
|            |         |                 |                |                 |
+------------+---------+-----------------+----------------+-----------------+
|Subtotal A  |6,516,978                  |4.69%                             |
+------------+---------+-----------------+----------------+-----------------+

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

+----------+----------+----------+-----------+-----------------+-----------+
|Type of   |Expiration|Exercise/ |Physical or|Number of shares |% of shares|
|financial |date      |Conversion|cash       |and voting rights|and voting |
|instrument|          |Period    |settlement |                 |rights     |
+----------+----------+----------+-----------+-----------------+-----------+
|          |          |          |           |                 |           |
+----------+----------+----------+-----------+-----------------+-----------+
|          |          |          |Subtotal B |                 |           |
+----------+----------+----------+-----------+-----------------+-----------+

Information in relation to the person subject to the notification obligation:
Person subject to the notification obligation is not controlled by any natural
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuer.

Further information:
Päivi Antola
SVP, Communications, Investor Relations and Brand
Tel. +358 10 401 7327, IR@nokiantyres.com

Nokian Tyres develops and manufactures premium tires for people who value
safety, sustainability and predictability. Our purpose is to empower the world
to drive smarter. Inspired by our Scandinavian heritage, we craft innovative
products for passenger cars, trucks and heavy machinery that give you peace of
mind in all driving conditions. Our Vianor chain provides tire and car services.
In 2021, the company's net sales were EUR 1.7 billion and it employed some 4,900
people. Nokian Tyres is listed on Nasdaq Helsinki. Further information:
www.nokiantyres.com (https://eur04.safelinks.protection.outlook.com/?url=http%3A%
2F%2Fwww.nokiantyres.com%2F&data=04%7C01%7CAnne.Aittoniemi%40nokiantyres.com%7C60
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