Company: NOKBF
Filing Date: 2025-07-24
Form Type: 6-K
Source: 0001104659-25-070159
Chunk: 7

Company: NOKIA CORP
Filing Date: 2025-07-24
Form: 6-K
Chunk 7
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 could cause these differences, include those risks and uncertainties
identified in the Risk Factors above.

6

| STOCK EXCHANGE RELEASE 24 July 2025 |

ANALYST WEBCAST

| · | Nokia's                                                                   
 webcast will begin on 24 July 2025 at 11.30 a.m. Finnish time (EEST). The 
 webcast will last approximately 60 minutes.                               |

| · | The                                                                                   
 webcast will be a presentation followed by a Q&A session. Presentation slides will be 
 available for download at www.nokia.com/financials.                                   |

| · | A                                                                  
 link to the webcast will be available at www.nokia.com/financials. |

| · | Media                                                                              
 representatives can listen in via the link, or alternatively call +1-412-317-5619. |

FINANCIAL CALENDAR

| · | Nokia                                                                                     
 plans to publish its third quarter and January-September 2025 results on 23 October 2025. |

About Nokia

At Nokia, we create technology that helps the world act together.

As a B2B technology innovation leader, we are pioneering networks
that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual
property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

With truly open architectures that seamlessly integrate into any ecosystem,
our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide
trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications
of the future.

Inquiries:

Nokia

Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Global Head of External Communications

Nokia

Investor Relations

Phone: +358 931 580 507

Email: investor.relations@nokia.com

| Report for Q2 and Half Year 2025                                                                                                                                                              
 Solid performance offset by currency impact                                                                                                                                                   
 ▪ Q2 comparable net sales declined 1% y-o-y on a constant currency and portfolio basis (+2% reported) due to a 13%                                                                            
 decline in Mobile Networks which had benefited from accelerated revenue recognition in the prior year. Network                                                                                
 Infrastructure grew 8% while Cloud and Network Services grew 14%. Nokia Technologies grew